AKR anticipates positive earnings momentum continue thru next year driven by rising demand for transformer from property & solar rooftop project, aims to fill EPC backlog from Bt300m current bidding, 50% out of Bt350m backlog to realize this year, maintain 15% FY revenue growth target. Comment: The demand for transformers and substations are going to […]

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AH sees windfall from Chinese EV producers parading to TH, sees strong 2H growth, firms on 10-15% revenue growth target, mulls expanding US and Japan markets. Comment: The impact is minor at best… COM7 expects demand for smartphone & accessories jump on government’s plan to hand out Bt10k digital wallet for individual, expects holiday sales […]

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COM7: expects buyers welcome iPhone15 as Apple switched from lightning port to USB-C. Comment: The (un?)intended consequences of this is that the accessory sales for iphones going forward will be YUGE XO: revised up full year revenue growth target to 30% from 20% prior supported by strong overseas sales via new distributors in the US, […]

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AGE sets 5.2m tons coal sale target this year to Bt23b, to Bt30b by 2025 with 7m tons sales target, mulls 1 M&A deal by end of year. Comment: And the good days of AGE are over for now (relative to 2021/2022) but realise that the figures are still going to be 3x higher than […]

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COM7 sets 15% revenue growth target this year, 200 new branches, expanding retail business and pet shops, starting in March with 10-20 branches p.a. ERW sees 80% rise in bookings, with booming tourism and domestic travel subsidy to boost revenue growth this year to 45% with >40% OCC growth to 75-80%, sets Bt1.6b capex for […]

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BAY is also to report today, Bt8.207b 4Q22, and Bt29.84b FY22 consensus. Comment: Perhaps the best managed bank in the country over the past few years. COM7 mulls expanding house brand products portfolio from <10% of mobile accessories sales to >25% in FY23 to boost margin, utilize existing shelf spaces. Comment: so they’re going to […]

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AWC and CRC are added to MSCI Min Volatility Index, while OSP had weighting increased, effective Nov 30. Comment: WTF is this index? BCP sets Bt200b capex to boost green business and gas, target Bt70b EBITDA in 2030, from current Bt40b. CK is close to signing Bt210b Luangprabang project this year, while falling steel price […]

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AAI: local fund, KSAM, raised holding by 0.0951% to 5.0384% of total outstanding on Mon (Nov 14). Comment: Need to spend more time looking into this name, but it’s been the key driver for ASIAN ADVANC to proceed with TTTBB, JASIF investments, said its board, t/g to boost its BB subs base to 4.4m from […]

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AUCT sees repossessed vehicles traffic accelerates thru auction yard aft debts relief prog phased out since July, expects FY22 traffic in the system above 300k vehicles. Comment: And they’ve increased the fee that they charge…. BAM reaffirms Bt4b cash collection target in 3Q, will announce JV distressed assets management venture on July 29, sees earnings […]

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AMATA sees industrial land sales momentum accelerates in 2H, renewable power, auto parts makers, food manufactures, chem, data center & logistic among top clients, expects more to come as EV parts suppliers hv to move along with EV producers to Asean. Comment: Even this dog is going to benefit from the unexpected amount of FDI […]

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