BAY is also to report today, Bt8.207b 4Q22, and Bt29.84b FY22 consensus.
Comment: Perhaps the best managed bank in the country over the past few years.
COM7 mulls expanding house brand products portfolio from <10% of mobile accessories sales to >25% in FY23 to boost margin, utilize existing shelf spaces.
Comment: so they’re going to have become a mini marketing/branding company. Given the customer base they should be able to figure out buying behaviours and know what to oem manufacturer and chuck their own brand name on it.
HL sees solid growth in 1Q23, on shopping tax incentive and tourism boom, boosting double digit in SSSG, mulls 4-5 new stores in 1Q, out of 14 planned this year, bringing tot to 50 by end of year, sets 20% revenue growth target this year.
Comment: There’s plenty of space left in the market for Boots, HL, and com7/bdms.
JMART in collab with KB Financial Group to set up virtual bank, to capitalize on its ecosystem, supported by SINGER’s and JMT’s client bases.
Comment: they will provide the handsets, the financing, the deposits etcetera to the entire upcountry population.
KBANK is scheduled to report today, Bt9.325b 4Q22 and Bt42.2b FY22 consensus.
GLOBAL sees positive SSSG in 1Q driven by improving purchasing power & shopping tax rebate stimulus, expects wider margin from larger house brand portfolio & 70mw solar rooftop at home improvement stores, sets Bt2.5b capex to open 7 branches, firms on 10% revenue growth target.
MAJOR expects 1Q tickets sales jump yoy from strong box office line up including Marvel Ant-Man & The Wasp, Shazam Fury of The Gods, Magic Mike’s the last dance, John Wick: Chapter 4, sees positive momentum continued 2Q from Fast & Furious X, Spider-Man:Across the spider-verse, Indiana Jones & the dial of destiny & Super Marios the movie, Mission Impossible – Dead Reckoning on show in Jul.
Comment: Tom Cruise will continue to save the movie industry.
NER sets 500K tons rubber sales target this year, Bt30b revenue, up from 460K ton and Bt25b yoy, on higher sales to SG, HK and India, sets Bt400m capex.
Comment: Surprisingly their numbers have held up, it would be a positive surprise should this continue.
SAF: special steels for molds & dies producer, finishing services provider for industrial tooling & machinery, S.A.F Special Steel, debut IPO 80m shares at Bt1.93 apiece, CIMB leads.
Comment: small name, big pump!!!?? Oh yes.
SCB to seek shareholder approval for Bt100b bond to expand digital and platform related business.
Comment: Or they are bankrupt and need the capital injection ASAP.