EASTW give 1.5% discount on tap water sales to Provincial Waterwork Authority for 3 months from April to June 20 to aid those impacted from COVID 19. Comment: Not much of a discount…water has been the only utility to not be targeted for discounts by any government for the past 15 years (from memory) HANA […]

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EA upbeats 1Q earnings from higher revenue recognition yoy from 664mw capacity, mulls to revise down full year revenue growth target from 30% as EV business and biodiesel are taking hit from virus, seeks M&A to boost capacity. Comment: EV business….sorry but with the issues surrounding the raw materials for this battery tech I don’t […]

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Asset World Corp (AWC), a property arm under Charoen of THBEV, to acquire prime prop in BKK and key resort destinations held by the group to develop mixed-use projects and hotels in next 5 years, IPO @ Bt6, September 25-27 and go straight into SET50. Comment: ROE of 3% .. well…TCC buys property, develops it, […]

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BDMS anticipates solid 3Q from seasonal, higher contribution of specialty clinics, re-price room rates, absence of major investment, additional capacity from 172 beds Bangkok International Hospital (BIH) cod in Jul, newly launched Movenpick BDMS Wellness Resort cod 200 rooms in Jun, additional 293 rooms to open in Sept. Comment: I am curious to see how […]

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Expressway Authority of Thailand said contract to extend BEM’s concession by another 30 years is almost a done deal and can’t be revoked, responding to concerns the new Govt may have it reviewed. Comment: so it is still a done deal for BEM regardless of the rumours that Anutin may take it away from CK’s […]

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ANAN to launch hi-end projects, IDEO Q Phahol-Saphankhwai, 39 storeys 1,119 units, pre-sales kick off May 25-26. Comment: If these pre-sale numbers are higher than what the market expects, then…?  It is trading at 5x but without a doubt the real estate market has weakened  BGC mulls M&A film & paper packaging business, seeks to […]

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And boom these are the latest changes to the MSCI announced yesterday. MSCI STANDARD: (+) INTUCH, RATCH, DTAC (-)  DELTA MSCI GLOBAL SMALL CAP: (+) AEONTS, AAV, BLA, EASTW, PSH, TASCO (-) MC, PRINC, THCOM, TFG, VGI, VIBHA

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CBG CBG struggles to control costs. It cut expenses in subsidiary ICUK. It is focusing on increasing revenue in the Australian market with minimum sales of Bt100mn. As for market strategy in Thailand, it is focusing on marketing through “Cash Van” and “cheer ladies”. It expects this strategy will grow its sales by 10% next […]

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AOT AOT entered into joint venture with SAL to improve parking service and airport equipment. It will hold 49% of the JV. It is looking for new investments. (Thun Hoon, 12/10/18) BGRIM BGRIM signed its Power Purchase Agreement (PPA) with Vietnam’s government. The 257MW plant will start commercial operations on June 30, 2019, boosting revenue […]

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AAV AAV expects earnings to grow in 4Q18. It will add new routes to Vietnam, China, India, ASEAN, India and Indochina. It plans to add flights in the densely populated routes. (Thun Hoon, 21/9/18) BDMS CFO of BDMS expects revenue growth of 10% this year from Bt77bn, supported by an increase in Thai and foreign […]

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