A broker expects SAWAD and ITC to replace VGI and BCP in the SET50 for 1H26, while PTG, STECON, and GFPT are likely to replace JAS, SISB, and WHAUP in SET100. The official announcement is expected in mid-December. Comment: Let’s see BPP’s natural gas unit, BKV Corp, agreed to acquire an additional stake from BPP […]
Read More →Property: The BKK condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand. (Bangkok Post) Comment: Depends upon your definition of rebound, if it’s after a -50% and theres a +1% rebound, then yes […]
Read More →ACE to cod 18 solar project combined 117mw in 2H, 6 already coded since Jul, t/g 53 project 468.63mw by eoy. AURA eyes 25-30% FY rev growth t/g driven by larger portfolio of Gold for Cash yoy above Bt8b, sees interest expense drops to 4-5% from 5-6% aft sold CD to refinance, mulls adding 156 […]
Read More →ACE to cod 18 solar project combined 117mw in 2H, 6 already coded since Jul, t/g 53 project 468.63mw by eoy. AURA eyes 25-30% FY rev growth t/g driven by larger portfolio of Gold for Cash yoy above Bt8b, sees interest expense drops to 4-5% from 5-6% aft sold CD to refinance, mulls adding 156 […]
Read More →BEM sees record high profit this year to Bt3.9b, boosted by Government’s Bt20 flat fare for electric trains in BKK effective from Oct 1 this year, covering 8 lines and 13 routes and 276.84kms in total, seeing 20% jump in ridership. Comment: Well yes and no, it’s a function of a new line up and […]
Read More →BCP’s Bt10b SAF factory on schedule to test run on Apr 25, adjusted estimate payback to 5-7 years from 3-5 years in previous feasibility as some jet fuel customers have postponed plans to legally require aircraft operators to enforce SAF usage. Comment: No one wants to waste money on this green $hit anymore. BEM: CK […]
Read More →AWC sets Bt300b total assets target in 5 yrs, from Bt198.7b end last year, sees new record high revenue this year from 75% OCC rate from 72% last year. Comment: This can’t all from the family’s personal asset portfolio…can it? BOI approved investment applications worth Bt200b, led by BEM’s Bt109b mass transit line and three […]
Read More →BEM reaffirms big jump 4Q supported by higher MRT riderships yoy, sees Oct traffic +7.2% yoy to 444k/trip/d from Book fair and cod-ed of One Bangkok mixed-use project on Oct 25, upcoming Red Cross Fair at Lumpini park Dec 11-22 & new year countdown are expected to increase traffic, recent fare hike on Jul 1 […]
Read More →AOT: S.KR LCC, Eastar Jet, will resume daily flights from Busa to Chiang Mai, effective Dec 19. BEM sees MRT ridership accelerates in 4Q supported by a 10 day event Vegetarian Fest in China town, Book fair at Queen Sirikit National Convention Center, improved traffic at Lumpini park & Silom stations from cod-ed of One […]
Read More →BEM: strike deal w/ expressway authority (EXAT) to invest in 17km 4-lane double-decker highway worth Bt 35b in exchange of concession extension for expressway stage 1 & 2 for 22 year & 5 month, will sign contract this year. Comment: Great for BEM…Thailand could of course simply take these concessions back…what’s the risk..the asset isn’t […]
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