AMATA – Industrial Estates: Amata received approval from the Vietnamese government to develop its 5th industrial estate in Phu Tho (476 ha, phased 2029–2033), targeting electronics and tech companies. Existing operations include Amata City Bien Hoa, Ha Long, Long Thanh, and Quang Tri Industrial Park under construction. Comment: Yawnz, zzzz, this group can’t manage anything outside […]
Read More →CHG mulls adding 70 IPD beds in 2H to accommodate surged traffic from international patients & larger SSO patients quota yoy, expects positive earnings momentum carry thru 2H on seasonal, narrower loss from newly opened hospitals & absence of provision related to Covid, firms on 15% FY revenue growth target. Transport ministry told Highway Dept […]
Read More →BTG: target 5-10% FY24 revenue growth supported by improve swine sales volume & selling price, lower SG&A after revamp distribution channel & cost control. Comment: Usual story…play the margins. When margins are rubbish …wait 6-12 months. Bottoms.. buy…wait..margins expand….sell..usual. CHG: targets 15% FY24 revenue growth supported by strong volume from both local & international patients, […]
Read More →AOT: China-based airline, Juneyao Air resumes flights btw Shanghai & Chiang Mai effective Jan 20. CENTEL to cod 95 guest rooms lifestyle hotel, COSI Vientiane Nam Phu in Laos in Feb, first overseas COSI brand. CHG eyes Bt8b FY24 revenue target driven by larger quota on SSO patients, contribution from 100 beds Chularat Maesot hospital […]
Read More →ANAN’s Daddy Clearance Sale Oct 6-8 was a success with Bt1,131m presales, vs Bt500-1000m target, with all ready to be transferred in 4Q23. Comment: Massive discounts, and it’s not really a success as they’ll have to raise even more cash… CHG sees solid 4Q on rising patients from mid-east, CLMV, and social security quota (from […]
Read More →Notable Transactions Buy(s) THB 186 mn Sell(s) THB 517 mn
Read More →AGE: credit rating upgrade to BBB- from BB+, outlook stable at TRIS rating. Comment: Wait didn’t stark have a credit rating of BBB+? Love you TRIS EA keeps 50% revenue growth target this year to Bt40b, firms on delivery plan of 4K EVs this year, in talks with ASEAN over EV bus exports, and boost […]
Read More →BTS sees no material impact from Bt300m invested in 100m shares of STARK @ Bt3 average. Comment: They’ve had to face a fair bit in the past 6-9 months, JMART, JMT, SINGER all crashing, then the news from the government not paying followed by this STARK. CHG sets up CSG Wellness Center Samutprakarn to capitalize […]
Read More →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 […]
Read More →NBTC appoints AA&P as independent FA for ADVANC’s buyout of 3BB to be submitted for NBTC’s board by April. AMA sees 1Q turnaround from improved tanker demand for restocking on China reopening, allots Bt400m capex to add fleet size. Comment: This gives you an idea how how much volume PTG will be selling through it’s […]
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