BBL raises prime lending rates by 15-20bps, savings by 5-25bps from today, its minimum lending rate now at 6.45% and savings will be 0.5%, becomes the 1st to hike after BOT’s on Wednesday. Comment: Just look at that spread, remember the news article where the bankers said they wouldn’t increase rates. BEM mulls revising up […]

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BTS & BEM are expected to benefit from surging ridership on Blackpink concert this weekend Jan 7-8. Comment: News is reallllllllllllllllly lacking this first week back. CENTEL sees advance booking from Chinese travel agents accelerates ahead of China border reopens. Comment: Would be good to know what % this is of total bookings. EKH sees […]

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BEM: reported Nov avg MRT ridership +89% yoy to 345k trips/d, expects positive traffic volume carry thru new year from events, schools on-site classes and foreign tourists. Comment: And you thought people wouldn’t be back in the offices 6 months ago… Central Administrative Court has thrown out petition from Thai Consumer Council (TCC) seeking an […]

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AH expects parts orders accelerate from vehicles booking during Motor Expo event, FY23 earnings remain intact from battery shield & thrust panel backlog order for Vinfast, axle shaft for Ford, maintain 30% FY22 sales growth target, GPM within 10-12% range, target 10-15% sales growth next year. Comment: Vinfast meh…. AGE targets FY23 coal sales vol […]

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BEM: expects daily average MRT ridership jumps from 300k to 500k trips/day during TH Red Cross fair at Lumpini Park during Dec 8-18. Comment: And the fact that people are back in the offices even though the wuflu is still going around. CENTEL: sets Bt 6b capex for hotel, F&B and M&A. Comment: This is […]

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AJA said EV bike sales to exceed 3K in 3Q, with price ranging Bt40-100K, mulls revising sale target to 6K for Bt240m and 30% margin, sees big growth in years to come. Comment: Normally I’d say – love the story – but when i see a company like AJA getting into this….I just think…ah no…., […]

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AWC signs development and management contract with Marriott International to develop and management the Ritz Carlton BKK the Riverside. BA firms on Bt8b revenue target this year, sees solid recovery in tourism, mulls opening new routes. BEM to source for Bt120b, without resorting to capital increase, for investment in Orange Line, firms on >Bt2b profit […]

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ASK keeps Bt37b FY loan target after logged Bt18.14b in 1H, improves debt service ability and high seasonal in 4Q to boost earnings. Comment: And because of their product/customer base, NPLs are not going to mimic what has been seen in the motorcycle space BA reaffirms Bt8b revenue target this year, 2.6m passengers, on tourism […]

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AH keeps 30% FY22 revenue growth target, maintains GPM within 10-12% range, strong auto parts orders for new launch models, new clients in Africa & Argentina, improved operation in Vietnam & Malaysia plant and auto dealership business to boost earnings, study new products to shift from chassis production to EV parts. Comment: Should that forecast […]

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ASIAN sees stronger 2H on recovery in 4 main business, boosting this year revenue to Bt11.2b, with 50% achieved in 1H. Comment: Just look at their growth in pet food BEM maintained FY tollway traffic 1.1m trips/day, MRT ridership >300k/day, reopening of Queen Sirikit Conventional Center and cod of One Bangkok Dusit Thani to boost […]

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