BANPU anticipates 2H turnaround from driven by 14.5mw Iwate Tono battery energy storage system pj (BESS) in JPN cod-ed in Jun, contribution from 50% stake in 350mw Wooreen BESS pj in Victoria, AU, temple I & II pp in Texas, expects transaction of $370m US natgas M&A (Bedrock Production LLC) to complete in 4Q, lift […]
Read More →CKP sees positive momentum carry thru 3Q driven by strong flow rate at Xayaburi & Nam Ngum hydro power plant on the back of heavy rain from tropical storm Vipa, improved margin on cogen power plant from lower natural gas cost. CPN collabs with UAE Ministry of Interior to offer exclusive benefits & discounts to […]
Read More →AAV keeps FY psx t/g ~23-24m, adding 6 aircrafts tally to 66 planes to strengthen mkt share in competitive routes, lower oil px open upside to margin, will review annual t/g aft eo-2Q. Comment: As long as oil stays low, margin improvement. CPN to launch 9 new pjs woth Bt16b, including a luxury single-detached house […]
Read More →ANAN to start transferring Bt12b worth of 3 projects, on track to meet FY25 transfer target, with government’s stimulus measures in 2Q to help boost sales under its “Urban Life Goes On” campaign. Comment: How is this company not bankrupt? Mismanaged by it’s stoned CEO. “Hi ma look over here I’m going to launch a […]
Read More →CPN sets Bt120b capex over next 5 years to invest in new malls in BKK, Nonthaburi & Khon Kaen, will cod Market Place Theparak community mall on Mar 28, followed by Central Park & Central Park offices in Aug and Central Krabi in Oct, revamp malls are set to open later this year including Central […]
Read More →CPN and CRC’s Central Dept Store are investing Bt500m in CNY campaign under “The Great Chinese New Year” from Jan 7 – Feb 6. CPN anticipates 1Q traffic thru malls +20% yoy supported by Easy E-Receipt shopping tax rebate stimulus. Comment: It’ll be interesting to see the 4Q24 #’s of CPN and CRC… DELTA sets […]
Read More →CK announced buyback up to 130m shares (7.67% of paid-up) under Bt3b budget from Dec 2 till Jun 1, 2025. Comment: It’s been a while since there’s been a sharebuyback announcement by any listed co’s CPN allotted Bt1b to expand additional 20k sq.m. at Central Phuket Floresta for luxury brands as part of transformation to […]
Read More →AOT: S.KR LCC, Eastar Jet, will resume daily flights from Busa to Chiang Mai, effective Dec 19. BEM sees MRT ridership accelerates in 4Q supported by a 10 day event Vegetarian Fest in China town, Book fair at Queen Sirikit National Convention Center, improved traffic at Lumpini park & Silom stations from cod-ed of One […]
Read More →AAI revised up FY margin to 21% vs 17% previous guidance, supported by robust growth from PET food sales, sets Bt430m capex to expand warehouse & packaging unit, firms on Bt6.5b FY revenue target. Comment: Minting it, supply of flights in the skies still below 2019 levels. CHAYO allots Bt1.5b budget to acquire bad debts […]
Read More →CPN plans to expand luxury zone at Central Phuket Foresta from 2k sqm to 8k by 2026, sees daily avg traffic above 50k/d 30% above pre-Covid level, while database of the group’s loyalty program indicated that Central Phuket customers have the highest spending per person among CPN malls nationwide, with wealth segment customers spending up […]
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