AH sees strong 1Q on seasonal, firms on Bt31b record rev t/g this year, supported by 4% growth in domestic car production growth, OEM, and easing chip shortage. Comment: Over time you have to look at AH as a steady 10% compounder, but with periods where they spike and then mean revert because at the […]
Read More →ASW reports Bt3.5b presales in 1Q23, +227%, plans 3 more projects worth Bt4.25b in 2Q. Comment: One of the few smaller players that is going to survive. BCPG acquires 2 gas-fired power plants in the US worth Bt9b, 426MW , boosting its US capacity to 577MW, sees clarity in battery business after collaboration with Ampace. […]
Read More →BCPG’s board approved US$ 115m investment in 150.98mw combined cycle gas power plants in Ohio, US. JMART said its 9.2% strategic stake in BKD is to create synergy, as its group has >10K units of pre-owned houses and needs BKD’s expertise to renovate, before selling them. Comment: And they’re still going around the country building […]
Read More →AEONTS anticipates solid 4Q22 (eo-Feb23) driven by higher card spending from shopping tax rebate stimulus, lower LLP after purged bad debts last year. Comment: It doesn’t seem to what how slow or fast the economy is growing, AEONTS continues to grow its equity year after year. ALL defaulted on a bond’s Bt10.7m interest payment yesterday, […]
Read More →BCPG’s planning to build Asia’s largest wind farm in Laos, 600MW, in coop with PowerChina International, to COD in 2025. NER seeks board approval for its 3-year business plan, including Bt500K tons sales and Bt30b revenue target, Bt400m capex for expansion in 3 new plants in Northeastern, targeting 1.1m ton/year capacity. Comment: Their margins have […]
Read More →BBIK to enter VN next year to offer corporate digital business solutions, and expand in Indonesia and England, sets >70% revenue growth target this year. Comment: They’re going to have repeat this performance for the next decade or so to defend the current valuation. BCPG sets Bt30b capex next year, mostly for oversea M&A, target […]
Read More →ASIAN upbeats outlook from strong PET food & frozen pre-cook meal sales and tailwind from weak THB, allots Bt660m to up capacity by 6k tons in 3Q, revised up FY22 sales growth target to 19% from 12% to Bt11.2b, OEM subsidiary Asian Alliance Int’l (AAI) on track to list on the exchange this year. Comment: […]
Read More →AS: local fund, BBLAM, raised holding by 0.4382% to 5.0033% of total outstanding on January 27. Comment: It’s a bit late to be adding no? But I’ve been totally wrong on AS over the past 2 years, why? I remember all my meetings with them from 2010-2020 and didn’t think management would be able to […]
Read More →BCPG paid Bt1,070m for 25% stake in Nam Tai for power transmission line in Laos (220 kilovolt). CV expects to conclude jv deal with partner to establish RDF production plant in Vietnam by eo-1Q, 70% of Bt2.4b EPC power plant construction projects to realize this year, eyes 150% revenue growth target. LPH mulls raising hospitel […]
Read More →AIE reaffirms solid turnaround 3Q from recovery biodiesel sales volume on easing travel restriction, expects positive momentum 4Q from demand for fuels on holiday season, improved vegetable oil sales vol on reopen of F&B, higher export volume of raw glycerine to India & China for food, pharma, cosmetic production. Comment: Am curious to see how […]
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