BANPU’s board approved an amalgamation with BPP, with a new company to assume all assets, liabilities and obligations of both entities. The board also approved a registered capital increase via private placement, including shares issued to the CEO. Comment: Yummy CEO shares….c’mon hedgies & pe boys, we can raid this company, it’s mismanaged as hell. […]
Read More →📊 CENTEL Company Overview Central Plaza Hotel Public Company Limited is a leading Thai hospitality operator in the Gambling, Resorts & Casinos industry. The company manages hotels and quick-service restaurants across Thailand and internationally, with recent expansions in Japan. Key Metrics: Market Cap: THB 46.58B, P/E: 27.60, Dividend Yield: 1.71% View full analysis on Perplexity […]
Read More →TAX: Thailand’s Finance Ministry is preparing a tax structure reform plan to propose to the new government to build fiscal strength. The proposal includes a phased increase of the Value-Added Tax (VAT) from the current 7% to 8.5%. A longer-term goal within the plan is to further raise the VAT to 10% by the year […]
Read More →AOT, to keep watch for early Dec reports FY25 air travel revenue, +1.12% to Bt68.59b. Acting AoT President Paweena stated Bt33.05b from AERO, +Bt2.05b or +6.6%; after PSC +6.92% and total passenger +5.61% across 6 airports. Airport service fees +4.93%, in line with +7.56% in total flights. Recent developments of the new contract with King […]
Read More →CENTEL (CRG): Acquires 40% stake in Miracle Planet (parent of Lucky Suki) for THB 940mn. Comment: And that’s another restaurant chain whose quality will decline over time. MAGURO: Opening 2 Tonkatsu AOKI branches at Iconsiam and Mega Bangna in 4Q; total now 53 branches across 7 brands, targeting 30% FY revenue growth. Comment: They’re still […]
Read More →BAY: 3Q net profit at Bt8.78bn, +14.5% y/y, thanks to Bt2.8bn one off gains from remeasurement of investment in TIDLOR following increase in its equity stake, NIM expanded by 23 bps y/y to 4.51% from improved loan yield & effective cost control, NPL rose to 3.49% end of Sept from 3.2% y/y mainly due to […]
Read More →AUCT launches vehicle inspection service biz at Rangsit branch capacity 50 vehicles/day, seeks to branch out from auto auction to new biz, will open 2nd branch at HQ by eoy. Comment: Interesting, it’s still “value addedâ€, limited investment cost etc, and given their relationships with the banks and the tents, could they not become the […]
Read More →Fitch Rating TH said 6 major banks, designated as domestic systematically important banks or DSIBs by BOT including BBL, KTB, KBANK, SCB, BAY and TTB, are likely to face rising assets risks over nxt several yrs, pressured by a continued rise in impaired loans, which has edged up frm 3.5% at eo-23 to 3.6% eo-24 […]
Read More →BDMS sees this year growth at 3X the GDP, on growth in both Thai and foreign patients, and 2 new hospitals, Bowin and Chiangmai (expansion), by end of year. In collab with 7 insurances to launch BDMS preventive vaccines to create sustainable immunity. Comment: BDMS is a becoming a vaccine pill pushing entity – margins […]
Read More →AAV: launches new route: Phuket-Medan, Indonesia, offering 4 weekly flights connecting world largest volcanic crater lake and beach town. Comment: Medan is the smuggling capital of Indonesia. I don’t see why it’s a connection point other than to placate a few wealthy folks (or could it be for labour?) why do I think this? Having […]
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