BAM: Maintains FY cash collection target at THB17.8bn. Positive momentum is expected to continue, driven by lower funding costs and larger market exposure following the establishment of a JV distressed-asset management company with a new partner Comment: Once the AMC project truly gets going, all the AMCs and fincos can begin to move again. CBG: […]
Read More →CBG’s strategic partnership w/ Tsingtao is expected to be a game changer for FY26 earnings, CBG to benefit from wider overseas mkt exposure vis Tsingtao distribution network plus upside from energy drink concentrate sales, opportunity to expand others functional drink abroad. Comment: Hats off to the owner…he’s going after all the big boys without a […]
Read More →AMATA: Maintains FY industrial land sales target at 1,200 acres (3,000 rais); demand expected to accelerate in 2H25 as regional unrest eases, reinforcing recurring land sale revenue. Comment: It’s still roaring in. AOT: Suvarnabhumi Airport upgraded from 3-star to 4-star by Skytrax; management plans to further develop it into a 5-star regional hub, supporting long-term […]
Read More →AMATA: Maintains FY industrial land sales target at 1,200 acres (3,000 rais); demand expected to accelerate in 2H25 as regional unrest eases, reinforcing recurring land sale revenue. Comment: It’s still roaring in. AOT: Suvarnabhumi Airport upgraded from 3-star to 4-star by Skytrax; management plans to further develop it into a 5-star regional hub, supporting long-term […]
Read More →Notable Transactions Buy(s) THB 2.7 bn Sell(s) THB 0.6 mn
Read More →AOT said 6 airports under management recorded 119.2m pax last fiscal year ending Sept 2024, +19% yoy, expecting 129.9m this current year. Comment: With all the expansion taking place, I can’t see any reason why pax #’s don’t increase. BA keeps 4.5m FY passenger target after logged 2.26m in 1H, sees positive earnings momentum thru […]
Read More →ANAN’s pioneering partnership with Porsche Design to develop $450m exclusive luxury residence project, Porsche Design Tower, features 22 exclusive duplex & quadplex ranging from 525 to 1,135 sq.m. average price of $15m and up to $40m, construction start next year, target completion by end of FY28. Comment: Own shares in this lying company at your […]
Read More →BIZ signed contract of linear accelerator (LINAC) cancer treatment machine with 2 hospitals combined worth Bt520m. CBG anticipates 2Q revenue tops 2 year high, supported by larger energy drink market share at 24% 2QTD vs 20% at the beginning of year, wider margin supported by new canning unit, economy of scales, lower raw material costs, […]
Read More →AAV: launches new route from KL to Chiang Rai northern TH, with 3 weekly flights starting Nov 2. BCPG: is expected to book Bt2.3b gains in 2Q from disposal of Bt10.37b Japan solar project to Denmark-based renewable co., Obton. CBG: reaffirms solid 2Q from robust domestic sales growth supported by market-share gains after competitor raised […]
Read More →BTW: wins EPC contract for Green Methanol plant in NEOM project Saudi Arabia valued at Bt 444m. CBG: reached agreement with English Football League to extend sponsorship of Carabao Cup for the next 3 years for GBP 18m (Bt 800m). Comment: Well, why not, it does give them global coverage… GULF: signed solar PPA with […]
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