AH sees better 4Q as a shortage of semi-cons eases and auto production picks up, while 3Q may be softer QoQ due to supply shortage issues and outbreak, but keeps this year 15-20% sales growth forecast. Expects 90% of employees to be vaccinated within next month from 76%. COM7, CPW, SYNEX are expected to be […]

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AH sees solid 2Q on recovering auto industry, momentum into 2H, boosting revenue this year >Bt21b, mulls new MG showroom in Prathum later this year. Comment: A call with the owner said that the Just-in-time processes remain the target. AP sees record 1H21 on rising demand for horizontal projects, expecting Bt20,000m in transfers, Bt17,817m pre-sales […]

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AH anticipates positive momentum carry thru 2H from strong parts order from domestic & oversea clients, higher utilization rate yoy, target margins within 10-12%, aims to catch ride on EV boom via MG car dealership business. Comment: Look at the leasing companies in EU and the US. They retired their fleets last year due to […]

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AH inked deal MG to expand downstream to dealership biz, sees opportunities from PHEV & EV transition, eyes 20% revenue growth target. Comment: The shift to EV etc has zero impact on the business of companies such as AH, as they don’t manufacture engine parts… AUCT teams up BAM to host NPA auction on Jun […]

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ACE and UAC are to submit bids for 10 and 6 community PP permits today. Comment: ACE > UAC (police connections help) AH sees capacity utilization above 80% 1Q21, expects positive parts sales momentum carry thru 2H from improving auto market, eyes 10-15% revenue growth target. Comment: Then they are maxed out. BGRIM is in […]

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AH will turn profitable this year, supported by solid 4Q, expecting Bt5b sales, on par with 3Q, in-line with industry. AH upbeats FY21 earnings from recovery parts orders, will kick-off transfer of Bt1.5b EV parts order next year, eyes 10-15% revenue growth target, margins no less than 10%. Comment: EV isn’t a story for AH […]

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Mobile operators expecting to recovery 2H from absence of price war and unlimited data packaging, ADVANC & DTAC FY20 yield should stay above 3%, Tabloid. AH sees 2H turnaround from larger OEM order from Nissan after shift productions from Indonesia to Thailand, expects higher revenue contribution from Nissan from current 4%, sees positive utilization rate […]

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AH sees 40% drop in revenue this year, with net loss expected in 2Q, aims to cut costs by 50%. Comment: Well…looks like their expansion plans are all on hold BCH sees solid growth in 2Q20 from COVID related revenue and from 5% growth in social security patients to 900K, keeps plan to build 3 […]

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AH’s confident of profitability this year, on lack of provision and impairment loss, sees solid 1Q with limited impact from covid-19. Comment: Funny things in their accounts AOT reports 9,797 flights cancellation in March, passengers drops by 3m yoy, expects more in 2Q from more lockdown measures worldwide. Comment: I still think its the best […]

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AH sets >10% revenue growth target next year after stripping off SAGUSA and oversea sales growth, firm on 10% revenue growth target this year, albeit lower yoy. Comment: Hmmm I wonder acquisitions they will try to pull off next AMATA expects IE land sales momentum carry thru FY20 driven by transfer of backlog at Amata […]

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