AOT: Transport Minister mulls propose Royal Thai Air force to obtain vacant flight slots to accommodate commercial flights on an upcoming high season. Comment: As Queen ML says “this looks like they’re getting ready to announce a huge capex for AOT” CPF & BTG are expected to turnaround in 4Q as domestic swine selling price […]

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AP sees Apr-May presales at Bt7.8b, lifts 5M presales to Bt18b, account for 32% of Bt58b full year target +15% yoy. BTS is optimistic on getting Bt20b overdue payment from BMA after BKK Governor prepares to seek approval from board in early Jul. Comment: It is legally owned to BTS…the BMA has to pay up. […]

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CKP sees 3Q turnaround from improved flow rate at Xyaburi & Nam Ngum hydro power plant on rainy season, mulls develop windfarm in Vietnam to capture demand for power. CPF bought back 4.22m shares @ Bt20.4-Bt20.5 on June 8, taking total to 123.74m or 1.44% of paid-up. The scheme ends June 18, for max 200m […]

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BTS: Yellow line monorail to begin 30 days trial run from Jun 30. CPF to invest $2.5b in agriculture tech development in Philippines covering swine, poultry, shrimp and food production, sees potential from growing domestic consumption of meat on the back of rising population. Comment: This could be a game changer for the country…and gives […]

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CPANEL reported 6 contracts signed in May to supply precast concrete (4 horizontal, 2 vertical) total Bt263.8m, lifting backlog to Bt1.311b, mulls expand capacity by 25% to 990k sqm. by end of 3Q to expand wider range of products. DMT sees daily avg tollway traffic QTD at 98k trips/d driven by recovery air traffic via […]

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NBTC board is expected to consider ADVANC’s plan to acquire 3BB and JASIF mid-April. Comment: Non-event, it’ll go through.. BBL sees 4-6% loan growth target from large corporates and oversea loans, strong 261% reserve ratio. Comment: Would you have ever imagined that BBL is beating KBANK and SCB in all metrics? BEM target 8% FY […]

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CHO sets Bt1-1.5b revenue target this year, returning to profit in 3Q23, supported by Bt800m revenue from SPAC and Bt90m/Q revenue from hemp related business, and Bt1.3b backlog from BMTA bus maintenance contract, realizing over 5-year. Comment: I do like the business model here, as it’s a simple cf spread, but I don’t like the […]

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CPF: announced buyback, up to 200m shares (2.32% of paid-up) under Bt5b budget from Dec 19 till Jun 18,23. Comment: I suppose that this makes sense, given that no one else wants to buy their shares…. DTCENT: GPS tracking product, software & service solutions, DTC Enterprise, debut IPO 305m shares at Bt2.86 apiece, Capital One […]

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AKR sees 1Q transformer sales +20% yoy driven by renewable & EV chargers expansion, aims to secure 10-15% of Bt2.5b current bidding, target 20-25% revenue growth this year. CPF to list CP Vietnam in Vietnam. CPV generates Bt60-70b revenue p.a., or 20% of revenue, spinning off wud help raise fund for Bt10b chicken complex in […]

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BGRIM target to wrap up 2-3 oversea PP deals with 100-200MW capacity by eo-1H, in collaboration with TRUE to develop digital innovation for power business, by focusing on commercial buildings and IEs. Comment: The power monster of the region. BH: BBLAM cuts holding by 0.3141% to 4.1736% of total outstanding on March 24. CPF’s exported […]

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