BAY’s credit card & P-loan unit, Krungsri First Choice, offers 9.99% interest rates pa. for unsecure loans to 200k high quality customers, down from 28% p.a., allows easier access to credits, eyes 25% growth , 2.6% NPL target by end of year.
Comment: Wow! Competition? Mortgage rates range from 0-4% in the first 3 years, then 6-7% onwards, to do unsecured lending at 9.99% is quite something.
ERW to sell 250.77m shares PP for hotels expansion, 9 hotels set to debut this year lifts total to 70 by end of year, target 80% full year OCC, RevPar growth 3-5%, eyes 10-15% revenue growth target, pays Bt0.09 dps XD March 11.
Comment: What slow down in Chinese tourism?
IVL sets $1.1b capex for this year, to wrap up 3 deals by end of-March, target $14b revenue target this year and $16-17b by 2023.
Comment: And the cookie monster continues! The only question is spreads for this firm.
TFG anticipates FY19 turnaround following heavy investment last year to revamp poultry & swine production plant, expects wider margins yoy from higher selling price and lower expense, firms on record high profit this year.
Comment: Interesting that despite all of the negative results the share price never declined to its previous lows in 2015.