ASAP upbeat 3Q earnings from recovery demand for car rental from domestic air fare stimulus, improved used cars sales, will purge 1k used vehicles in 4Q, firms on Bt4b FY revenue target. IIG firms on 30-38% revenue growth target this year to Bt900-950m, on higher contracts and expansions into ASEAN, especially VN and Indo. Comment: […]
Read More →AMATA sees industrial land sales momentum accelerates in 2H, renewable power, auto parts makers, food manufactures, chem, data center & logistic among top clients, expects more to come as EV parts suppliers hv to move along with EV producers to Asean. Comment: Even this dog is going to benefit from the unexpected amount of FDI […]
Read More →AMATA and WHA stand to benefit on relocations following fresh China-Taiwan tensions, while ASIAN, TU, TKN, and SNNP may benefit from food export bans, Tabloid. Comment: Well, everyone used to say that AMATA and WHA was going to benefit from the China tariff’s, that didn’t materalise. Why would this? And if there is going to […]
Read More →AMATA mulls revising up FY22 revenue guidance from improved land & utilities sales, Bt1.45b out of Bt4.768b backlog to realize this year, sees upside from increased FDI. AMATAV target 100% revenue growth this year from strong industrial land sales in Vietnam from manufacturing relocation, higher selling price yoy on surging demand. Comment: Low base more […]
Read More →ADVANC’s written to the NBTC to express opposition to the planned merger of its rivals TRUE and DTAC, according to a source at the regulator. Comment: The letter probably said this “we don’t want to be the #2 player, it hurts our ego” AMATA’s board approved land investment in Laos, will start develop industrial estate […]
Read More →AMATA anticipates strong industrial land sales at 410 hectares Amata Smart & Eco City in Natuey, Luang Namtha province supported by improved accessibility via high-speed rail Laos-China, FDI relocation from unrest in Myanmar, 3,750 acres in Amata Chonburi & 960 acres in Amata Rayong able to accommodate FDI demand, target 400 acres land sales this […]
Read More →AMATA reaffirms 650 rai land sales target this year, sets 10-20% land sales growth target for next year, while existing Bt2,771m backlog to be gradually realized thru 2022. Comment: Do you remember the days of 2-3k rai land sales for AMATA? Long gone. BEM sees Nov toll way traffic topped 1m trips/d, avg MRT riderships […]
Read More →AMATA: in talk jv Korea Land & Housing Corp to develop Korean Smart City Zone in Chonburi province, plan to apply BOI to recover investment incentives, including an 8 year corporate income tax exemption. Comment: EEC hasn’t really gone anywhere due to delays and the usual government fumbling, and so IE’s are having to figure […]
Read More →Note: The weekly figures are going to lower as Notable Transactions Buy(s) THB 257 mn AMATA – Well that’s a rare purchase from the founder. And its YUGE. ALL – I know several of their assets are up for sale to Funds and they have a plot of land which can’t be developed upon. But […]
Read More →AMATA keeps full year land sales >400 acres after logged 122 acres 1Q21 from Thailand & Vietnam IE, 60% out of Bt1.82b backlog will be transfer this year, expects booking pick up 2H as Covid eased. Comment: Basically they won’t see any pre-covid levels of sales until 2023 at the earliest. COLOR embarks into renewable […]
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