CWT board approved plan for listing of renewable unit, Green Power 2 (GPT), on MAI, will sell IPO not exceed 31.81% of GPT’s paid-up. GUNKUL signed direct PPA with JPN partner, Murata Manufacturing (TH), will develop 7mw solar farm at 1st phase, target cod 1Q26. OR expects no material impact on retail business because there […]
Read More →AOT: Civil Aviation Authority (CAAT) affirms readiness of DMK airport to accommodate high season, handling capacity 57 flights/hr. able to cope with increased flight slots. Comment: The issue isn’t in TH, the issue is that China is isolating itself and making life difficult for citizens to easily fly overseas, and that incredible India doesn’t have […]
Read More →Notable Transactions Buy(s) THB 381 bn Sell(s) THB 249 mn
Read More →BAY teams up online payment processing platform (Stripe) to expand ecommerce payment solutions & online transactions. Comment: Now that’s an interesting development. CWT acquires 8mw bio-mass power plants in Sa Kaeo province from IEC for Bt238m. DMT reaffirms solid 4Q22 after average daily tollway traffic topped 103k trips/day thanks to recovery traffic at Don Muang […]
Read More →Notable Transactions Buy(s) THB 383 mn SABUY – Dumped by the warrants to buy the shares. PRINC – Founder buys shares – a signal to the recent uptrend in brokerage coverage? CWT – Note that this was a convertible debenture purchase JMT – Founder still buys ASW – Like CWT – this is a convertible […]
Read More →BEM sees YTD average toll way traffic near pre-covid level 1m trips/day, expects MRT ridership gradually recovery from current 200k/day as virus eased, adding more visa contactless payment devices at tollway & MRT to boost traffic. Comment: Google Mobility shows that Thai’s visits to retail and recreation are higher today than pre-covid. But no one […]
Read More →ACE upbeats FY22 outlook from 250mw capacity on hand, full year recognition of 9.9mw biomass power plants cod-ed November 21, will sign 59mw community power PPA with Provincial Electricity Authority (PEA) by eo-1Q. CWT sets >10% revenue growth target this year, on power business and leather seats, expected to see big jump in orders, tracking […]
Read More →ADVANC agreed to pay Bt448m to settle Bt50b dispute with NT, paying ways for future collaboration. Comment: All of these lawsuits will be settled due to the new owners. APCO launches antiviral supplement, MyLife100, out on sales October 1. Comment: And these snakeoil salesmen have another bunch of rubbish supplements for you to try. BAY’s […]
Read More →BCPG’s firm on 30-40% EBITDA growth this year, supported by recognition of 11MW in Thailand and 3 projects with 65MW capacity, to gradually COD from 4Q21, sets Bt18b capex. CPF board approved disposal of fresh foods retail & distribution business to Ek-Chai (Lotus) for Bt861.6m. Comment: This is one to extract cash from a recently […]
Read More →AOT mulls investing Bt3b in monorail projects connecting DMK airport to BTS greenline to help flows of passenger traffic and reduce traffic congestion. Comment: Well it makes sense common sense. However the risk I see is that several travelers to Thailand already skip Bangkok and go direct to their holiday destinations. BCP to sell Bt10b […]
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