CRC launched health supplements store, TopVita, target health conscious consumers, aims to expand coverage from grocery, F&B, fashion & hardline retailers to healthcare segment, target 150 outlets by FY24. Comment: They are cementing their role as the retail juggernaut. If you see the figures of HL you’ll understand why, and go to the Ministry of […]
Read More →BAM rolls out 1 month campaign (Jun 15-Jul 15), 1,500 NPA on sales, up to 30% discount plus free transfer, gearing up for venture with several finance institution to expand distress assets management in 3Q. Comment: BAM typically buys at distressed assets 70 of the asset price, not sure on the mark up value of […]
Read More →ANAN says no impact from Bt60.77m investment in 225k KUB Coins as price plunged, got guarantee price buy back from Bitkub Blockchain Tech, Bangkokbiznews. Comment: BItkub seems to have quite a few buyback guarantees out there, how are they going to finance this? A cap raise? Or is this what SCB found in their DD […]
Read More →EPG’s board approved acquisition in AU aftermarket parts manufacturer, 4 Way Suspension Products, for AUD75m, aims to expand scope of products, increase bargaining power of raw material suppliers, increase distribution channel in AU mkt, benefits from product R&D & costs saving with Aeroklas Australia, transaction to complete by end of June. Comment: I like the […]
Read More →BAFS sees YTD jet refueling vol +21% yoy, expects solid turnaround this year. Comment: With every country in ASEAN now racing to open up to avoid losing face to its neighbours, I can just see fuel demand increasing tremendously which just makes me love oil that much more EPG established subsidiary, Aeroklas Europe, to operate […]
Read More →BGC anticipates solid turnaround from bottling unit on recovery consumptions post reopening November 1, tailwind from holiday season, mulls diversify to total packaging solutions to balance revenue mixed. EKH may report 670% jump in 3Q21 profit, boosted by windfall from field hospital and vaccination services for both private and public sectors, while reopening from November […]
Read More →CPALL opens the 1st store of 7-11 in Phnom Penh, Cambodia. Comment: Years in the marking and finally executed. EPG sets Bt300m capex for M&A, revamp food packaging unit & auto parts production, maintained 12-15% full year revenue growth target. GLOBAL estimated subsidiary in China, Guangxi Global House International Trade, to source products from China, […]
Read More →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 […]
Read More →AUCT shifts entire vehicles auction to online to gain larger exposure, mitigate disruption from travel restriction, reduce operating costs, sees surging auto & motorbike traffic in 2H, eyes 10% revenue growth target. Comment: Natural growth for them. Margin expansion could be incredible should this be accepted by the car tents whom are the major buyers. […]
Read More →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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