INGRS signed MOU with S.KR based, Sungwoo Hitech, on business collaboration for developing manufacturing and supply of BEV related components, expand automotive components market in Asian.
Comment: I mean, ok, fine…
ORI’s 2023 presales exceeds Bt47,265m, record high, supported by strong sales at Pet-Lover condo in Thonburi, reports purchase of 5.88m shares (2.94%) of NETBAY from CEO, Pichit Viwatrujirapong, at Bt17/share valued at Bt99.96m on Jan 12, becomes 3rd largest holder.
Comment: I mean, wtf, Origin is now invested in an IT company that manages the EXIM system for Thailand? Yeah the synergies are incredibly obvious here….oh then NETBAY’s share price has magically pumped up to 25, and now ORI has made a nice little profit on the books. If ORI sells this anytime soon (at a profit) to raise cash to pay off it’s debts….well…urgh.
PRM on track to take delivery of 2 tankers in 1H, expects petroleum & chemical transport improved as supply & demand eventually balanced out, eyes 10% revenue growth target.
SUSCO targets fuels sales volume growth, +10% yoy from 1b ltr last year driven by larger stations network yoy to 260 branches end of FY23, allots Bt500m budget to revamp large size stations (SUSCO Square) to boost non-oil revenue, tailwind from BYD dealership business boost earnings.
Comment: FANTASTIC traders.
TISCO sees FY24 loan growth can range from 0-10% depending on macro conditions, expect NIM eases slightly yoy, will adjust personnel/IT costs to stabilize cost to income, expand 200 branches of auto microfinance unit, Somwang Ngern Sang Dai this year.
Comment: Slap that management team.
TOP is planning to shut 1 of 3 crude distillation units (CDU) at Sri Racha refinery complex for repairs after production issues cropped up last week, repairs likely take around 2 weeks.
TRUE said the next 365 days will be crucial during which it has to put all key jigsaw pieces in place and adjust overall operations, aiming to break-even one year sooner than it originally expected, after completing merger with DTAC in Mar 2023.
Comment: I’m so proud of TRUE, after following them for some 20+ years, they’ve finally grown up and decided to focus becoming cash flow positive.
WHA sees growth momentum into 2024, supported by all segment, logistics, IEs, infrastructure, and digital solution, mulls more investment in Vietnam.
Comment: VN is still going to see positive momentum from all the FDI that has gone to the country. The question is whether after this “corruption clean up” of the past few years and the energy issues of the North, if it can actually pick up and grow. This is the issue with a 1 party system…but oh well, it’s the future guysssssssssssssssss buy buy buy! idiots…