BA ranked 1st World’s Best Regional Airlines 2024, which includes airlines operation domestic flights or internatioanl flights traveling < 6 hours, also ranked 27th in the list of the World’s Top 100 Airlines 2024 recognized by global benchmark of airline standards, Skytrax Star Ratings.

BAM sees 2Q turnaround from improved cash collection aft logged Bt4.5b in the quarter vs Bt3.5b in 1Q, keeps Bt22b FY cash collection target, 2k NPA items valued Bt9b out of 22k items total Bt77b completely refurbished and ready to sell, will roll out campaigns & participates money expo event to accelerate sales later this year.

Comment:  Is it time? If yes…go crazy with JMT, KCC et al, BAM will be the slowest mover..

ITEL upbeats outlook aft govt signed off Bt5.862b Universal Service Obligation (USO 3) broadband project, aims to fill backlog from current Bt2.471b in 2H, investment in health tech, Global Lithotripsy Service (GLS) in 1Q to propel LT growth.

Comment: GLS…I’ll have you know that I was a part-time CFO for GLS back in … 2007-2008. I’m surprised that it’s found its way to ITEL, there’s zero synergies…but its a great little business.

SABUY plans to raise up to Bt1.61b via PP at Bt1/share to 4 investors, seeks holders approval on EGM Aug 21.

Comment: Whispers were LOUD over the w/e as SABUY was desperately looking for new cap on Friday was THB 1.3 bn

Conglomerate co., Saha Group, teams up Tokyo Corp, DUSIT, A49, Obayashi & SCG consulting to develop 52 stories 222 units hi-end project, KingsQuare Residence Rama 3 valued at Bt10b.

Comment: Is the outlook for the resi market so bad that they need this many equity partners in a project?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.