ASIAN keeps Bt9.4b FY21 revenue target after logged Bt4.6b in 1H, sees demand for pet foods, pre-cooked meal & frozen seafood remained strong in 2H, positive THB revenue from weak currency. BANPU trades XR 3:1 @ Bt 5, XW 1:1 for RO subscribers today. Comment: They’ve already announced 1 deal, but I’m still annoyed by […]

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ADVANC secures official broadcaster right for Toyko Olympics on AIS Play for all matches. Comment: This is slowly taking True’s market share. AIS Play is fantastic for sports today versus True especially on a price comparison basis. BA to suspend BKK-Samui route from Jul 21 and postpone resumption of 5 other routes. Comment: I know […]

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DOD to import 10 hemp species from the US by end of June or early Jule, 4-5 months from planting to harvesting, and into products by 4Q21. Comment: I do find it ridiculous that Thailand doesn’t ensure an organic internal system, but that’s because of the usual structure of the country with interests controlling parts […]

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AUCT: anticipates recovery traffic at auction yard 2Q onward as repossessed vehicles mounting on third wave of pandemic, expects wider margins this year from lower SG&A and online auctions, upside from partnership with leasing & distressed assets management partners (ECL & CHAYO). Comment: CHAYO is the interesting play here, they have access and now a […]

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BKER: name changed to ALLY Leasehold REIT, ticker changed to ALLY effective today DOD is to enter cannabis business full stream, to seek permit to set up plant to extract cannabidiol for domestic and export. Comment: Perhaps its time to revisit my previous cannabis dream post. https://www.thaicapitalist.com/that-sweet-weed/ ITEL signs a Bt78m procurement contract for IP […]

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BEM sees March tollway traffic -25.8% yoy, MRT ridership -29.2% yoy, expects bottom out in April. Comment: It probably should bottom in April, the question on people’s mind will be recovery potential. DOD upbeats on 1H earnings from strong sales momentum of alcohol gel and sanitizer products, mulls to raise capacity to 500k bpd from […]

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AMATA keeps 10% land sales growth target, after having sold 50-60rais. Comment: Absolute rubbish. Then again 2019 was disappointing, as was every year since the share price ran because of the EEC AMATAV sees no impact from covid-19, maintaining Bt1.5b revenue target from contribution from IEs in Vietnam in 2H20. Comment: See above DOD reaffirms […]

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Ever since Bhumjaithai’s leader Anutin begun campaigning, we’ve said two things They’ll be the swing party Thailand will get roads and weed Why the roads? Easy he’s the owner of STEC Plc, why the weed? Well now I’m going to indulge myself in a mix between rumours, facts and my random thoughts and let you […]

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AOT to seeks Treasury Department deal to extend the remaining 14-year land lease contract to new 30-year contract, to accommodate upcoming concession bids for duty-free and commercial areas. DOD denied rumors its major shareholders were dumping share, sees return to profit in 1Q, mulls at least 5 investment projects. KBANK estimate JV with LINE Corp, […]

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AAV AAV expects 4Q18 earnings to recover, supported by more tourists and lower jet fuel price as well as the government’s measures to stimulate tourism. Next year, it plans to add new routes. (Thun Hoon, 20/12/18) Comment: If it wasn’t for such a weak market we’d see the airlines rally by +10-20% DNA SET reminded […]

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