JKN expects positive earnings momentum continued in 4Q from strong media contents sales, tailwind from home shopping and health supplement products (C-Tria), aiming to scale back content sales revenue to 70% from 90%, commerce & others 30% to diversify risk.
Comment: Well let’s see how far this can go. They don’t have the network that RS has.
KBANK reports 9M20 card spending +162% yoy, co-brand card Kasikorn-Shoppee subs topped 35k past 2mths, amp up campaigns to boost spending upcoming holiday season.
ORI’s 10M20 presales topped Bt22b, exceed Bt21.5b targeting, maintaining launch plan 9 projects total Bt14b in 4Q, aiming to catch previous record high at Bt26b.
Comment: Sure get all the presales you want, I want to see if they actually transfer.
STGT and DELTA are expected to be added to MSCI Standard Index to be announced November 11, while BAM and DELTA to be added to SET50 for 1H21, Tabloid.
THAI to sell 34 of its planes (10 airbus, 24 Boeing) to boost liquidity.
Comment: Good luck getting a decent price for this. Interesting factoid it’s the engines of a plane that are the most valuable component.
TK maintained stringent approach on credit approval, sees assets quality improved as 80-90% of loan book paid on time, expand used motorbike HP to gain wider margins.
ZEN teams up Lazada & Shoppee to open online official store, rolls out Zen Group Mega Day 11.11 next week, selling e-voucher of 5 restaurants in port, ZEN, AKA, On the table Tokyo Café, Tum Mua & Kiang, at 45% discount.
Comment: I suppose this is a marketing scheme to bring in cash at one shot with the aim of spreading out the costs over a certain period, however I doubt this is a clever business decision.