AH will turn profitable this year, supported by solid 4Q, expecting Bt5b sales, on par with 3Q, in-line with industry. AH upbeats FY21 earnings from recovery parts orders, will kick-off transfer of Bt1.5b EV parts order next year, eyes 10-15% revenue growth target, margins no less than 10%. Comment: EV isn’t a story for AH […]

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COM7 sees record high 4Q, thanked to newly launched iPhone 12, boosting FY20 revenue up 10% yoy, targets 10% growth for next year, sets Bt400m capex for new branches, automation and new business. Comment: You can buy the new iphone on a 3 year installment plan…..what does that say about consumers’ ability to spend? GUNKUL’s […]

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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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BIZ signed a contract with 2 public hospitals to supply LINAC (Linear Accelerator) for cancer treatment total Bt340.6m, lift backlog above Bt1.8b. COM7 upgrade www to boost online sales and diversify risk from solely rely on branches, expects positive sales momentum from Apple & gadgets sales carrying thru holiday season, maintaining 10% full year revenue […]

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AOT approved AAV’s request to partially move its base from Don Muang to Suvarnabhumi, with initial 24 domestic flights, before extending to overseas flights by end of year. Comment: Now the future hordes of Chinese tourists will be at Suvarnabhumi.  BBL: Social Security Office cut holding by 0.0188% to 4.9903% of total outstanding on Tuesday […]

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ANAN to issue Bt1b worth of subordinated debt, offering 9.5% p.a. for first 5 years. Comment: That sounds closer to what I expected for debt pricing, though in reality it should be double digits. BEM sees Blue line ridership rose to 60% or 250ktpd avg post lockdown, expects momentum carry to 2H on school reopen. […]

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AH sees 40% drop in revenue this year, with net loss expected in 2Q, aims to cut costs by 50%. Comment: Well…looks like their expansion plans are all on hold BCH sees solid growth in 2Q20 from COVID related revenue and from 5% growth in social security patients to 900K, keeps plan to build 3 […]

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BGC sees revenue reaching Bt20b within 5-year, eyes 7-8 packaging and energy M&A deals, with 1-2 within this year. Comment: If their comps are seeing a huge drop in volumes, BGC could arguably pick up assets on the cheap COM7 maintained parallel approach between on/offline sales, aims to maintain online sales above 10% of total […]

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BCH upbeats 1Q revenue from surging Covid-19 test traffic at 100-150 cases/day, firms on plan to open hospital in Aranyaprathet province in May. Comment: I think that most hospitals outside of BDMS and BH are going to do quite well. Although if factories are closed then perhaps you’ll see a drop off in the hospitals […]

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AWC’s joined forces with Adrian Smith + Gordon Gill Architecture (AS+GG) on further development of Asiatique, mixed-use skyscraper pj, comprises of 2 5&6 stars hotels under Marriot Chain, commercial and residence pj under 36 acres complex, the largest on Chaophara riverbank. Comment: It won’t have a difference. Branded residences…perhaps in some locations throughout the world. […]

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