DOHOME reported SSSG MTD-Oct >30% yoy, above 20% Sept avg, online sales +300% yoy, expects positive momentum carry thru holiday season, opening 2 stores before end of year. Comment: Now the question for firms like DOHOME is can it continue such a growth momentum from 2022 onwards? KEX forms venture with livestocks co, Betagro, to […]

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AAV issues bond via crowdfunding, at 6.75% p.a., min Bt50K, with special promotion offering return tickets on domestic routes for Bt100K subscription. Comment: Does this demonstrate an inability to raise capital for AAV or simply they are offer to their customer base a potential good deal? DOHOME records 30% growth in 9M21 sales, on double […]

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BM upbeats full year earnings supported by demand for metal conduits, racks & enclosures, ctrl panel and switchboard on the back on infra expansion, agricultural machine parts orders for Kubota to realize in 3Q, contribution from 20% holding in EPC contractor (MECT), firms on record high profit this year. Comment: Record high profit means…+5% from […]

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AWC reports advance booking topped 50% capacity of hotels in Phuket, expects positive OCC carry thru 4Q, eyes M&A to expand portfolio. Comment: Why them? They have scale, the 1 hotel operator/owner is dead (unless they are your favourite boutique). Capital will flow to the big boys. BBL, Sunway, Linklogis will jointly apply for a […]

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AGE sees upside to earnings after logged Bt121m in 1Q +193% yoy, reaffirms higher coal sales volume yoy on higher industrial activities, tailwind from logistic business boost earnings. Comment: Commodities, boom, they’re benefiting from the inventory gain. BCH kicks-off bookbuild on Moderna vaccine upcoming Wednesday, will finalize demand in 1 week, sees positive 2Q earnings […]

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BA anticipates it will not return to profit until 2024, though it sees investment opportunities in maintenance, repair and overhaul (MRO) services in the EEC for long term growth. Comment: MRO services are a great money maker at scale. The question is whether Thailand will be considered competitive when compared to Singapore and the Philippines. […]

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AGE to buy 55 new transport trucks, hoping to boost revenue from logistic to Bt600-700m from Bt300m last year. Comment: Main story here is increasing coal prices and the inventory boost. AOT signs MOU with TAFA consortium to expand perishable goods cargo business at SIA. ATP30 mulls switching to EV van & EV bus for […]

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BJCHI sees recovery in 4Q after bottoming out in 3Q, supported by Bt3.2b backlog, of which Bt400m to be booked in 4Q. DOHOME maintains FY20 SSSG target above 5%, set Bt1.2b capex to add 3-4 home improvement stores (size L) and Dohome To Go (mini store) next year. Comment: This player is going out there […]

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DOHOME upbeats 3Q earnings from positive SSSG and order from government agencies, sees momentum carry thru 4Q from shopping tax break scheme and full quarter contribution from newly opened full scale outlet in Rayong and 2 Dohome To Go branches, expects demand for home repairing surge aft continuous rainfall. EPG reaffirms solid turnaround 3Q from […]

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AEONTS: 2Q21np (end of Aug20) at Bt 966m +82.3% qoq, +2.6% yoy, beats Bt 836m consensus, pays interim Bt 1.85 dps, XD Oct 19. Comment: A surprise for the market, people are still paying the minimum requirements on the loans/cards. Will this lead to more excitement into SAWAD and MTC? What about 2021 when the […]

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