ASW reported 9M22 residential sales at Bt13.1b, >Bt10b FY target thanks to strong sales of 2 condos (Kave Town Colony BKK Uni & Atmoz Oasis Onnut), will launch 2 projects Esta Rangsitkhlong 2 (SDH) & Kave Universe Bangsaen (condo) total Bt1.2b by end of year. CHAYO reported 9M22 debts acquisition >Bt4.2b, plans to add Bt10b-11b […]
Read More →ASK keeps Bt37b FY loan target after logged Bt18.14b in 1H, improves debt service ability and high seasonal in 4Q to boost earnings. Comment: And because of their product/customer base, NPLs are not going to mimic what has been seen in the motorcycle space BA reaffirms Bt8b revenue target this year, 2.6m passengers, on tourism […]
Read More →BCH keeps Bt17b FY revenue target supported by recovery domestic & international patients traffic, contribution from social security patients & specialty clinics, upside from Covid vaccine sales as government stockpile depleted. Comment: Not sure why we still need these flu shots… BEC mulls expand in-house studio to boost contents production, reduce costs and save time, […]
Read More →GULF: keeps 80% FY22 revenue growth target from higher capacity yoy, full year recognition of GSRC unit 1/2/3, contribution from INTUCH, sets Bt120b 5-year capex FY22-26 (60% for renewable, 20% large pp, 10% digital biz, 5% infra, 5% LNG), will conclude 2-3 M&A overseas pp by end of year, keeps investment plan in blockchain ecosystems […]
Read More →AOT’s Mae Fah Luang-Chiang Rai International Airport will be closed until Wednesday after a Nok Air passenger jet skidded off the runway on Saturday night. COTTO hikes ceramic tiles & flooring products price by 1-2% on higher energy costs, expects 2H sales fairly even with 1H, sets Bt400m budgets for efficiency upgrade, jv overseas partners […]
Read More →AWC anticipates solid turnaround 2H from recovery OCC & higher room rate, contribution from MICE, 12 hotels on track to open FY23-FY27. Comment: Despite it being one of the larger groups on the mkt, it doesn’t attract as much investor interest. GULF raised revenue growth target this year to 80% from 60%, on rise in […]
Read More →BBLAM, fund manager for JASIF, said its retail lease agreement is to be renewed every 3 years, as of now the conditions remain unchanged, including rev and dividend, while no impact from inflation and interest rate, Tabloid. Comment: JAS group seem to be playing around with all the co’s DOHOME sees double digit growth in […]
Read More →Notable Transactions – Just go through the list – a lot owners/directors are nibbling back into the market. Buy(s) THB 926 mn KOOL – Looks like the major shareholder increased his stake to 25% via a PP GUNKUL – Not often you see him buying, recently they’ve partnered with JMART and GULF. GULF – Oh […]
Read More →BAFS signed MOU with sugar & bio-energy producer, Mitr Phol group to joint develop low-carbon aircraft fuel. BEC allots Bt400m budget to revamp 28.8 acres studio, aims to increase contents production, co-production with partners to expand sales local & overseas. BEM firms on plan to submit bidding for 13.4km West Orange line MRT (Bang Khun […]
Read More →BANPU sees growth momentum in 2Q from high energy price, 2H boosted by revenue recognition of its 93% stake in XTO Energy worth Bt25.1b. Comment: Despite the stupid hedges, its trading at 4x trailing PE, ROE’s of 20% and both natty gas and coal are far higher. CHAYO expected to book Bt300m gains from disposal […]
Read More →