ADVANC: Central Admin Court dismissed National Telecom (NT)’s petition to claim Bt16.2b additional revenue share from roaming service from ADVANC. NT is eligible to file an appeal within 30 days. Comment: There goes the neighbourhood gents, privatisation of all decent assets in Thailand continues. BBL: collaboration with OR to provide green loan, Bualuang Green Solar […]

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AAV: boost domestic flights from 87 to 105/d to accommodate travel demand on holiday season. Comment: This will go some way to alleviating high domestic ticket prices, and the scale increase should help AAV. ASIAN: cuts full year revenue target to Bt9.7b -14% yoy, weak topline on sluggish frozen food sales outweigh improve tuna export […]

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AMA upbeats 2H outlook from strong tankers transporting on high season, sees qtd utilization rate at 96-97% vs 95% yoy, expects road transport utilization rate pick up to 85% from 80% end of FY22 driven by logistic demand from PTG, eyes 20-25% FY revenue growth target. Comment: Could be worth a look as PTG has […]

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ADVANC sold 33.33% of e-wallet Rabbit Line Pay to Line man (TH) & Line Company (TH), VGI also purged 33.33% to both parties. Comment: Looks like digital wallets and all these “fancy” things actually don’t make $….who woulda thunk it. BAFS maintain 4.2b FY jet refueling volume target +40% yoy from 2.99B FY22, sees rev […]

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AOT: Cambodia LCC, Sky Angkor, resumed twice-daily flights to BKK (DMK) from Aug 25. ASIAN’s exploring exporting seafood products to China after it imposed ban on Japan products, sees 3Q turnaround from higher sales to US & EU, wider margin from higher utilization rate, expects pet food pick up in 4Q. Comment: Well the Chinese […]

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ANAN mulls 5 new remedy options for Ashton Asoke for court consideration. Comment: The CEO & Board should be sued by shareholders, they lied pre-covid that this issue was resolved. DMT reaffirms 30% FY revenue growth target driven by strong tollway traffic, target FY average daily traffic >110k trips/day. BCP board approved Bt9.30-Bt9.70/share for ESSO […]

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BCP: SSO raised holding by 0.0392% to 15.0103% on Aug 2, SEC filing. Comment: Good I sold to them, thank you. CIMBT: sees mortgage demand for resales property and NPA increase as high new house price and tight purchasing power boost demand. EA: expects to report stellar 2Q from delivery of 600 E-Bus, commercial EV […]

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BCP: SSO raised holding by 0.1067% to 15.093% on Jul 10. Comment: Great time to exit. BH firms on double digit revenue growth target, supported by high seasonal 3Q, sets Bt4.3b capex for 150 beds Phuket’s boutique hospital to cod in 2025. ERW sees 3Q OCC ex-Hop Inn steady from 2Q at 80%, ADR higher […]

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AOT: Malaysian low-cost airline MYAirline, launched daily four daily flights to BKK (2 SIA & 2 DMK) starts Jul 1, mulls flying from KL to Phuket & Chiang Mai by eoy. Comment: Great to see more competition (as an end-user). BCP expects to wrap up 65.99% ESSO stake buy in 4Q, while insisting that Bt9.94 […]

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AP’s 1Q presale reached Bt11b, Bt41.4b backlog, sees momentum into 2Q with 17 projects worth Bt22.1b. BCP to expand its energy logistics business thru its unit, BKK Fuel Pipeline and Logistics (BFPL), to provide oil transport services thru pipelines. Comment: Where pump? Let’s see after 1Q earnings, the market is looking weak. BGRIM debuts 1st […]

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