BGC anticipates solid turnaround from bottling unit on recovery consumptions post reopening November 1, tailwind from holiday season, mulls diversify to total packaging solutions to balance revenue mixed. EKH may report 670% jump in 3Q21 profit, boosted by windfall from field hospital and vaccination services for both private and public sectors, while reopening from November […]

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AOT said international airlines have regained more than 70% of the slots at Suvarnabumi airports, in anticipation of November 1 reopening, seeing sharp spike in travels in initial stage. ASAP sets Bt2,000m capex to acquire new cars, seeing higher demand for rental vehicles as the country prepares for reopening from November 1. Comment: I expect […]

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ADVANC agreed to pay Bt448m to settle Bt50b dispute with NT, paying ways for future collaboration. Comment: All of these lawsuits will be settled due to the new owners. APCO launches antiviral supplement, MyLife100, out on sales October 1. Comment: And these snakeoil salesmen have another bunch of rubbish supplements for you to try. BAY’s […]

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BGC anticipates 2H turnaround from higher bottle/flexible/paper packaging sales on improved consumption/holiday season, allots Bt176m budget to up flexible packaging capacity to 50m sq.m p.a. to tap in food & pharma segment. IVL to acquire Brazil’s Oxiteno from Ultrapar Participacoes S.A. for $1.3b, to be completed by 1Q 2022. Oxiteno is a leading integrated surfactants […]

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ASW in deal with Bitkub to exchange crypto currency into THB for housing purchase, firms on Bt5b revenue target this year, with 2 new projects ready to transfer in 2H worth Bt3.9b, target 4 new launches worth Bt7.4b. Comment: Non impact, it just shifts the responsibility for exchange the BTC to THB from the buyer […]

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BCPG expects to sign 600mw windfarm projects in Laos within 1H, sees room for additional capacity from 160k acres land, targets M&A 300mw this year. BGC expects meaningful turnaround from surging demand for bottle packaging on recovery consumption & F&B delivery trend. Comment: If you remember (https://www.thaicapitalist.com/random-thoughts-protests-bgc-bottles-it-cpall-not-a-monopoly/) I unleashed quite a bit into BGC (and […]

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Protests Well it’s keep it short. I don’t see how this government steps down when they control the Government, the police, the army, the navy, the airforce, the courts etc etc. I can’t remember the last time there was a “political” group this powerful in Thailand’s modern history. I’ll rephrase this, there is one potential […]

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BGC – Singha following the CP playbook. So there is another capital increase occurring in the markets. This time its a consolidation play by Singha’s bottling firm, BGC.   My first thought seeing this headline was… “This is the perfect example of public companies that have access to capital buying up their competitors and taking over their […]

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BGC sees revenue reaching Bt20b within 5-year, eyes 7-8 packaging and energy M&A deals, with 1-2 within this year. Comment: If their comps are seeing a huge drop in volumes, BGC could arguably pick up assets on the cheap COM7 maintained parallel approach between on/offline sales, aims to maintain online sales above 10% of total […]

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ADVANC’s granted 5G certified operator from GSMA, the 1st and sole operator in Thailand. BANPU sets $600m 5-year capex for gas and renewable energy. Comment: I question this investment strategy….maybe because I just want to find a pure coal player… BGC sees strong bottles order yesterday as demand for exports to US & India grow […]

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