AP reports 10M21 sales at Bt31.2b, account for 88% of Bt35.5b full year target, mostly from SDH projects (Bt28.59b) will launch 12 horizontal projects total Bt8.57b (9 townhome & 3 SDH) for remained 2 months. Comment: Amazed? Shouldn’t be, competition is gone. BEM sees average tollway usage reached 1.2m trips/day while Department of Rail transport […]
Read More →ADVANC sets Bt25-30b 5G capex next year, while AISCB to start lending services 1Q22, penetrating 43m its customer base., sees strong data traffic next year supported by Metaverse trend, roll out bundled 5G handset and air time package to boost market share. Comment: SCB is no longer restricted to its own branch network. Britania, a […]
Read More →ASIAN reassures solid 4Q supported by additional capacity from pre-fried food & pet food production, higher domestic & export sales, will expand frozen food & pet foods to overseas market next year. BE8: cloud sales, service, marketing, application solutions, Beryl 8 Plus, debut IPO 50m shares @ Bt10/share. Comment: Small name, small float, couldn’t get […]
Read More →Tourism is coming home, its coming home, its coming, tourism is coming home. This may very well date me, but Thailand has reopened, granted with some rather strict restrictions though nothing in comparison to what we see regionally. As long as the expectations remain that tourism is coming back, it’ll help to drive every reopening […]
Read More →Notable Transactions Buy(s) THB 17 mn N/a Sell(s) THB 11 mn N/a It’s earnings season, expect for everything to be quiet for the next week.
Read More →Govt bans rallies ahead of kingdom’s reopening: The government has issued a fresh order banning rallies and activities deemed at risk of spreading Covid-19 across the country ahead of the kingdom’s upcoming reopening to international travellers. Bangkok Post Suvarnabhumi to welcome 30K passengers on Monday: The Airports of Thailand (AoT) says its six international airports […]
Read More →AOT maintenance 3.7km west runway of DMK airport for 270 days from Oct 27, 21 till Jul 23, 22, sees no traffic congestion, flights density are manageable. CHAYO in talk to buy bad debts from 5 fin institution total Bt10b, expecting to secure Bt6-8b before end of year. Comment: Because BAM is done, everyone else […]
Read More →AGE revised revenue target this year to Bt12b from Bt11b, on uptrend coal price and booming logistic business, sees record high coal sales at 5.5m tons. Comment: The chinese have tried to smack the coal market with margin requirements, thereby leading the prices to drop ~40% in a week. Now it appears that they’ve cleared […]
Read More →ADVANC reported 3Q net profit @ Bt6.37b, -2% yoy vs Bt6.54b consensus, subscribers rose to 43.7m, BB topped 1.6m subscribers, ARPU slightly drop from competitive air time package, will start digital lending venture with SCB (AISCB) 1Q22. AS will launch 3 mobile games before end of year, developing virtual reality (VR) games to capture growing […]
Read More →“And Thailand has re-opened! To 60+ countries! Wait where are the tourists, why aren’t they here yet? Ok sell all tourism plays. And let’s go for a drink” That’s the conversation that the market is having. We’re in the midst of earnings season…no surprises yet. There was a pop during the week for the property […]
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