Further delay to ADVANC’s takeover bid of 3BB is expected after NBTC’s sub committee tasked with scrutinizing the economic impact of the deal has asked NBTC board to extend its working timeline for another 60 days. Comment: Translation “We’ve been spending taxpayer money going on holiday in Europe with our families and forgot to do […]
Read More →ADVANC: plans to sell telecom & broadband network total Bt50b into JASIF after NBTC give nod on 3BB M&A deal on Sept, Khaohoon. Comment: This is why ADVANC want’s JASIF, it’s not because of the quality of the assets of 3BB but it accelerates being able to raise capital by selling assets directly into JASIF […]
Read More →ADVANC: refrains from price war, roll out package to add more 5G subscribers, expects mobile sales improve in 3Q from new launch models, higher ARPU in 4Q on holiday season. Comment: It’s great being in a duopoly AGE: anticipates firmer coal price in 3Q as demand for substitute grow from high oil price, maintain 4m […]
Read More →A5’s 80 units 29 storey hi-end project, Tonson One Residence, under jv Capstone Asset begins transfer in 2Q, expects positive earnings momentum in 2H from Bt4.5b backlog, maintain launch plan total 4 projects worth Bt8b in 2H. Comment: Well…they launched/planned all these projects and deals right before covid…at a time of cheap capital, let’s see […]
Read More →ADVANC sees 5G subscribers exceeding 15m by end of year, on optimism of election, boosting spending and tourism, sees no impact from MFP led coalition to its takeover of 3BB. Comment: Undoubtedly their position is secure as the #1, no wait #2? player in the country. BEM sees positive ridership momentum continue from avg 500k […]
Read More →ADVANC’s upbeat 2Q ARPU after revamped airtime package, broadband deal (TTTBB) to conclude by end of 3Q. Comment: Disappointing earnings…and there is a major risk for ADVANC, that Telenor will send decent management to run true&dtac. AOT expects to receive permit for operating 3 airports (Krabi, Buriram & Udonthani) within 3-4 months, then propose cabinet […]
Read More →ADVANC: to report 1Q net profit on May 8, Bt6.79b consensus. AMATA: Director, Viboon Kromadit, resigned from the company, effect from May 1. Comment: He’s the been the key salesman for the company managing the relationships with, predominately, the Japanese customer base. PTG: reaffirms solid 2Q from strong fuels sales volume on improved domestic travel, […]
Read More →NBTC may drag ADVANC’s proposal to buy 3BB till end of year, after setting up sub-committee and planning hearing, Tabloid. Comment: Why? Someone else needs to be paid off? BM sets Bt1.6b record rev t/g this year, +20% yoy, on solid 1Q, with Bt500-600m backlog to be realized, in talks with large potential Chinese client […]
Read More →ADVANC sets Bt27-30b capex, the 1st to achieve 3Gbps speed for 5G on LIVE network mmWave. Comment: So….when 6G? SAMART wins Banglamoong sub-station and procurement contracts at Jomthien sub-station worth Bt2.4b. TGE completed 130m shares PP to 5 investors at Bt2.00, to finance its 2 recently won waste power plants. SSP sets Bt3.1b revenue target […]
Read More →ADVANC targets 30% revenue contribution from new S-Curve in 3 years, and 70% mobile business, sets Bt20-30b capex p.a., firms on support from GULF for its virtual bank business. Comment: Name me 1 virtual bank that makes money, none, but pivot this to name me 1 digital wealth management platform that makes money – this […]
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