AH’s subsidiary in China secured parts orders from Tesla, will start delivery from FY25. Comment: Yup, and they’ll probably get BYD’s in a few years. CI eyes 3-4 new projects worth Bt10b, both condo and detached housing, sets Bt1b capex for landbank. ERW expects full year OCC >80% on positive international travelers momentum & tailwind […]
Read More →BCP’s unit, OKEA, acquires 28% stake in Equinor’s Statfjord O&G EP area for $220m, expects to increase production to 13k-15k boepd in FY23 & 16k-20k boepd in FY24, transaction is expected t be complete in 4Q. Comment: Could this be a decent refinery play now? Given that we only have BCP and TOP could be […]
Read More →AWC sets double digit revenue growth target this year, to spend Bt1b on renovating and adding lifestyle spaces to the Empire, its largest office tower, under the theme “Co-Living Collective : Empower Future”. Comment: And they’re just going to keep eating up the market and buying the assets from the family at “fair value” BDMS […]
Read More →AGE sets Bt8b revenue target this year, 3.6m tons of coal sales, aggressive in logistic business expansion. BBL launched QR code worldwide digital payment services via mobile app, BBL BeWallet. Comment: Now that’s something! CI to bk Bt210m from disposal of 15.74% (15.74m shares) of BKKCP to 4 private investors in 1Q20; will hold 17.55% […]
Read More →AAV to book Bt4.3b gain from selling 10 A320, before leasing back 9 of them. Comment: A tough industry getting tougher by the day. Although this my put them in a stronger balance sheet position versus their competitors BDMS board member, Puttipong Prasarttong-Osoth, sold 2m shrs at Bt25.5 avg on Thurs (Jan 9), SEC filing. […]
Read More →CI sets Bt6.4b capex for 6 projects this year, while Sri Panwa Hainan hotel to open next year. ECF’s unit, ECF-Power, to cod 50mw Minbu solar projects in Myanmar on Jun 27, will book 20% contribution from investment, target cod phase 2-4 combined 220mw by end of-FY21. MG launches new EV, MG ZS EV suv, […]
Read More →AOT NESDC, formerly known as NESDB, opposes to AOT’s plan to build Terminal 2, asking AOT to stick to 2003 Master Plan by building 3rd runway and extensions to East/West passenger terminals. Comment: Who knows who’s right here. BDMS/BA BDMS’s founder, Prasert Prasarttong-Osoth, paid Bt500m to settle stock manipulation cases. Comment: Short term thinking never […]
Read More →AGE AGE targets 2017 revenue to grow 30% on the back of higher coal price. It targets exports to comprise 30%, which will back strong growth. (Kao H oon, 14/03/17) BIG BIG expects 1Q17 earnings to be better than 1Q16. It targets 2017 revenue to grow 10-20%. It is budgeting Bt50-60mn to open 10 branches […]
Read More →AJD AJD reported 2016 net profit of Bt355mn backed by AJ Top Up machines. It expects to continue to grow in 2017 with a target of 40,000 Top Up machines. It expects to ask board approval to change the company’s name to AJ Advance Technology (AJA). (Kao Hoon, 02/03/17) Comment: Am I going to have […]
Read More →AMARIN AMARIN plans to increase capital by 200mn shares, priced at Bt4.25/share, privately placed with Wattaana Pakee Co., Ltd., which will be a major shareholder. It expects this to give it fullservice media business potential and make it ready for AEC. (Thun Hoon, 28/11/16) Comment: And that has made the stock price shoot through the […]
Read More →