CMR sees 100% OCC at Lanna 1 & Lanna 2 hospital in Chiangmai, will cod 200 beds Lanna 3 hospital in 3Q, lifts total to 410 beds, target FY21 revenue growth no less 30%. Comment: Making bank. Unless ppl have amazing insurance or are at a state hospital, people are going to suffer with payments […]

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AS sets 15-20% revenue growth target this year, targets 12 new games on mobile and PC this year, ready to expand oversea, sets Bt150-200m capex for IT system and buying new gaming rights. Comment: I still think their earnings peaked in 2020. BCH’s associated co has received a permit to import vaccine, targeting mid-year for […]

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AEONTS reported 3Q21 (end of November ,20) at Bt1.01b +1.9% yoy, beats Bt815m consensus, thanks to lower than expected credit cost & wider than expected NIM, revenue from bad debt recovery improved 19% yoy & revenue from overseas subsidiaries +18% yoy, NPL stands at 4.3% from 3.9% end of 2Q21. Comment: Look at these numbers […]

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BCH: mulls petition for additional 10k SSO patients quota, roll out One Day Surgery (ODS) service to boost traffic and margins, will cod 2 new hospitals January 1,21 (Vientiane in Laos and Prachinburi), sees less capex next year, eyes 10-15% revenue growth target. DELTA, BAM and COM7 are expected to be added to SET50 for […]

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BCH expects windfall from Social Security Office’s plan to offer members age >50 to recover quadrivalent influenza vaccine cover A/H1NI, A/H3N2, B1, B2, Bt450/shot announcement mid-October, valid from October 15 till Dec 31, expects Bt450-500m contribution from the campaign. GULF’s capital increase seen 1.26X oversubscribed, collecting Bt32b in fresh capital, keeps Bt110b investment plan for […]

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BCH sees record high 3Q on seasonal, new hospital, higher SSO payment, and foreign patients. Comment: Where are these magical foreign patients? Perhaps I count as one of them… CPN anticipates 2H turnaround from lower rent cut to 20-30% from improved traffic at malls to 80-90% compare to pre-covid level, sees overall OCC still healthy […]

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ACE pays Bt851m for 3 biomass powerplants with 26.9MW capacity, with immediate revenue recognition of Bt900m p.a., in talks to boost P2P and boost overall biomass powerplants to 12, 112MW overall. Comment: Decent priced paid. APCO will launch 2-3 health supplement products before end of year, aiming to capture demand from health conscious consumers, estimate […]

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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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BCH sees solid 1Q20 on higher SSO patients, on track to open 90 beds new hospital in Sa Kaew, firms on 10-15% revenue growth target this year. Comment: Excl. BH and BDMS I think the rest of the hospitals are going to be ok.  EPG said its unit in the US, Aeroflex USA, is operational […]

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BCH upbeats 1Q revenue from surging Covid-19 test traffic at 100-150 cases/day, firms on plan to open hospital in Aranyaprathet province in May. Comment: I think that most hospitals outside of BDMS and BH are going to do quite well. Although if factories are closed then perhaps you’ll see a drop off in the hospitals […]

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