AU targets 10-15% CAGR over next 3 years, will add 10-20 branches & pop-up stores at tourist attraction locations, 1st branch in Cambodia on track to cod this year. Comment: One day they’ll figure out international expansion, one day… GFPT expects FY24 chicken sales volume jump yoy as US & EU clients revamp orders schedule […]
Read More →AU sets Bt127m capex this year for 12 new branches, including 1st in Cambodia, sets 10-15% revenue growth target. Comment: Now this interesting….Trading at THB 300mn/store (off the top of my head don’t quote me), and capex/store is THB 10 mn CPN said progress in 5 mix-used projects and business expansion in Vietnam to help […]
Read More →AU: reaffirms rec high rev in 3Q supported by positive SSSG via dessert café, larger branches network yoy at 60 outlets vs 44 in 3Q22, sees margin improved aft revamp suppliers. Comment: Their outlets are all still completely full. HANA: seeks up to US$ 106m via overnight placement 65m shares offered at price range Bt […]
Read More →ASIAN cuts FY23 revenue target to Bt10.7b from Bt13b prior from due to soft seafood & pet foods exports caused by high inventory level of overseas trading partners, keeps Bt1.3b capex plan to revamp automate pet food production line, replacing new boiler & solar rooftop to improve efficiency, reduce energy & labor costs. Comment: So […]
Read More →ASW plans 12 new projects worth Bt22.5b, sets Bt15b presales target and Bt7.2b revenue, Bt12.9b backlog, sets Bt400m capex for non-property business. AU sees solid 4Q22 on higher tourist numbers and seasonal, boosting FY22 growth to >25% target, mulls new products, 5 new branches, including 2 in HK this year. Comment: And every quarter is […]
Read More →AAV confirmed opening of 2 new routes to AU, BKK-Melbourne (3 weekly flights) & BKK-Sydney (4 weekly flights) from December 1 to capitalize on holiday season. Comment: Looks like AAV is going to start eating up the market share from the main carriers. ASIAN announced pre-emptive right for existing holders for IPO subscription of pet […]
Read More →AU upbeats 2H earnings from improved traffic at dessert café as dine-in grows, recovery margin after repriced menu in March, plans to add more standalone shops from current 4 stores to boost grab & go sales, will open 2nd HK branch next year. Comment: Perhaps one of the last lagging f&b/tourism plays. J keeps 10-15% […]
Read More →AMATAV sees better performance than last year, expected to sell 1,050 rai of land in 2 IE in Vietnam, in talk with partner to invest in 3,000 rai IE in central Vietnam. Comment: They have never hit their targets. They haven’t done anything positive in Vietnam versus effectively every other international and domestic player there. […]
Read More →Notable Transactions Buy(s) THB 148 mn SPG – What is happening here? ~5% of shares switching around amongst the shareholders? THG – And he keeps buying Sell(s) THB 141 mn EA – I’m sure the company is going to be amazing if the owner is selling. AU – Another block trade?
Read More →Notable Transactions Buy(s) THB 46.6 bn AWC – Just switching from personal holdings to a corporate holding THG – And he’s still buying. DELTA – That’s interesting/odd to see at these levels. MTI – I’m becoming more curious about the old fashioned insurance names…more as an idea re int rates. SA – New IPO, condo/real […]
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