BA mulls adding >20 new planes, including A220 and B737 MAX7, taking total to >30 by 2029, preparing for rises in Samui traffic from 50 to 73 flights, with Bt1,500m capex to upgrade Samui airport. Comment: Are they getting these deathtraps for free? BJC-TIDLOR-ITC are among top candidate to be added in SET50 for 2H24 […]

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BJC fell 3.69% on elevated volume, as tax may rise as much as 20%, forcing it to cut FY24 projection, Tabloid. DELTA reported Bt4.31b 1Q Net Profit, +19% yoy, on strong growth in sales revenue of power electronics and mobility business segments, but missed Bt4.58b consensus. RT sees brighter prospect in 2Q, on Bt8.52b backlog […]

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AOT: will raise passenger service charge (PSC) from Bt 700 to Bt 730/passenger for international departures & from Bt 100 to Bt 130 for domestic starting Apr 1. Comment: Well that’s an instant bid…. BJC: reaffirms solid 1Q driven by robust sales of consumer goods supported by CNY spending, international travelers, shopping tax rebate stimulus […]

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ADVANC: 3Qnp at Bt8.14b, +35% yoy, beats Bt7.36b consensus, strong SIM & devices sales, improved service revenue from broadband, larger 5G subscribers at 8.5m (eo-3Q) +54% yoy, lower depreciation & SG&A boost earnings. Comment: Less comp, reopening, low base comp, simple story AOT: Lufthansa redeploys A380 on direct service between Munich and Bangkok (SIA), the […]

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BANPU to wrap up lithium, nickel and copper mining investment in Laos, Indo, and August by end of year or 1Q24, for immediate revenue recognitions. BJC’s hypermarket unit, Big C, signed MOU with Overseas Cambodian Investment Corps (OCIC) to develop 12k sq.m mega project northeast central of Phnom Penh under 30-yr lease contract, target cod […]

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AOT’s gathering info on Bt36b 3rd phase upgrade of Donmuang airport, target 50m pax/year, with bidding in 2024 and COD in 2029. AOT sees fiscal 2023, ending Sept 30, 2023, pax exceeding 120m at 6 of its airports, 25% higher than forecast, with 170K/day at Suvarnabhumi alone. Comment: More economic activity coming. BJC delays BigC’s […]

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AOT reported 2.37m passenger traffic during Songkran holiday, SAT1 concourse at SIA to cod by 4Q23 (end of Sept), mulls opening auction for commercial developer to develop 290 acres land to boost non-aero revenue. Comment: I’m still of the viewpoint that 2H23 is going to look incredible and that 2024 people will be surprised by […]

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BJC announced business restructuring plan that separates its port into retails, wholesale, production, imports and exports of consumer goods, with all existing business of BigC are under BigC Retail Corp (BRC), Bt87.1b registered capital, pending listing. Comment: Et voila, the rumour from last year is true, and just in time for the group as interest […]

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ADVANC said reported liquidity issue at 3BB wasn’t entirely unexpected, sees synergy from this acquisition, expected to complete by 2Q. Comment: “We didn’t expect to get screwed by Pete” <= idiots. BBL revised up full year card spending growth to 18% yoy from 15% previous guidance, after logged 17% growth 2M23, teams up ADVANC to […]

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ASW in 51% jv with Japan’s Takara Leben to develop a condo projects worth Bt1.35b under KAVE brand near Kaset Uni, their 2nd jv. BGRIM coded 140mw Amata Bgrim Power (ABP1R) co-gen power plant on Nov 29. BJC upbeats 4Q earnings from positive SSSG at Big C hypermarket, surging traffic at mini Big C on […]

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