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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BANPU sees growth momentum into 2H on higher gas and coal price, sets Bt45.7b 5-year capex, firms on boosting EBITDA from clean energy business to 50% overall from 43% current. Comment: Sure but the next 12 months is driven by gas/coal, but now the impact is going to be far lower to EPS due to […]

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CENTEL sees advance booking pick up in Rayong & Trat as locals preferred short distance travel near BKK. Comment: And they’re planning to open all their F&B outlets by November. CPW sees positive 2Q sales momentum from Apple products & wearable items, firms on plan to add 7 branches in 2H, firms on 20% revenue […]

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CENTEL sets Bt10,400m 3-year capex for hotel, food and other investment, to open Phuket hotel for travel bubble program there from July 1. Comment: They’re going to capture the market share. CRC cuts FY21 revenue growth target to 10-11% from 10-12%, scale back CAPEX by 10-15% from Bt16-18b, delay 3 malls launch including Robinson Lifestyle […]

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AGE to buy 55 new transport trucks, hoping to boost revenue from logistic to Bt600-700m from Bt300m last year. Comment: Main story here is increasing coal prices and the inventory boost. AOT signs MOU with TAFA consortium to expand perishable goods cargo business at SIA. ATP30 mulls switching to EV van & EV bus for […]

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BGRIM: ADB sold 2.01% stake in overnight placement (52,295,200 share) at Bt51.40 – Bt52.40 per share, a discount of 2.5% to 4.4%, by JP and Citi. CENTEL signs 3 hotels, 2 in Vang Vieng, Laos & 1 in Khao Yai, adds 304 rooms in portfolios. Comment: I still think CENTEL > MINT in terms of […]

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AGE reaffirms big jump 4Q20 from strong coal exports to China, logged FY20 sales volume above 3.5mt target, 1m tons backlog to realize till eo-2Q21, mulls to add vessels and trucks to boost transport revenue, seeks to expand power business. Comment: I used to refer to them as baby banpu pre-2010. But they are traders […]

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ASIAN assures hygiene of 2 food plants in Samut Sakhon seaside province, control measures and tracing record applies to every person, banning entry of anyone, until Jan 4, 2021, with exposure to shrimp market since December 1. Comment: Sure, lets see what happens to the pricing of the food when supply declines as a result […]

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BCH: mulls petition for additional 10k SSO patients quota, roll out One Day Surgery (ODS) service to boost traffic and margins, will cod 2 new hospitals January 1,21 (Vientiane in Laos and Prachinburi), sees less capex next year, eyes 10-15% revenue growth target. DELTA, BAM and COM7 are expected to be added to SET50 for […]

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The Thai cabinet approved a “Special Tourist Visa” (STV) scheme this week in principle. Details are: 14 day quarantine at a certified alternative state quarantine (ASQ) hotel or villa. A minimum 90 days length of stay, 2 extensions of 90-days are possible. Fit to fly medical certificate. Proof of medical insurance covering at least USD […]

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