AOT sees Jan aircraft movement thru 6 airports under management +21% yoy, international flight +41.7% yoy, flights between TH & China stands at 260 flights/d. Comment: BKK feels quiet tourism wise but the usual tourist destinations are popping HL signed contract with National Health Security Office (NHSO) to participate in “Gold card” welfare programme allowing […]
Read More →AirAsia has announced the merger of AirAsia and AirAsia X, making SEA a multi-hub for aviation while targeting TH as its hub for flights to Europe. Comment: Doesn’t appear to have a real impact on the thai listed entity. HL said its 50 drug stores are in Easy E-Receipt program, sees rising 1Q24 revenue growth […]
Read More →BEM & BTS: MRT & Skytrain to extend operating holders from 4am till 2am from current 5am till midnight during New Year season Dec 29 till Jan 2.BEM: Department of Rail transport reported average Blue line MRT ridership during TH Red Cross bazaar Dec 8-17 hit all time high at 520k trips/d. HL on track […]
Read More →AH sees strong growth in EV related business next year, with 12-month advanced orders, boosting capacity to 100%, and solid growth in its MG dealership. Comment: Well….EVs are great for the dealers – people will buy the cars, believe that they are great for 1-2 years, then the batteries die off, and will have to […]
Read More →Notable Transactions Buy(s) THB 681 mn Sell(s) THB 453 mn
Read More →BTS sees no material impact from Bt300m invested in 100m shares of STARK @ Bt3 average. Comment: They’ve had to face a fair bit in the past 6-9 months, JMART, JMT, SINGER all crashing, then the news from the government not paying followed by this STARK. CHG sets up CSG Wellness Center Samutprakarn to capitalize […]
Read More →BAY is also to report today, Bt8.207b 4Q22, and Bt29.84b FY22 consensus. Comment: Perhaps the best managed bank in the country over the past few years. COM7 mulls expanding house brand products portfolio from <10% of mobile accessories sales to >25% in FY23 to boost margin, utilize existing shelf spaces. Comment: so they’re going to […]
Read More →BCP said no conclusion to report takeover of ESSO, while the latter offered no comment. Comment: ESSO has been a potential takeover target in the news for the past decade, I think this is the 5th time I’m seeing it. JMT sets Bt10b capex to add bad debts this year from current Bt300b under management, […]
Read More →Notable Transactions Buy(s) THB 1.4 bn Sell(s) THB 23.5 bn
Read More →ASW in 51% jv with Japan’s Takara Leben to develop a condo projects worth Bt1.35b under KAVE brand near Kaset Uni, their 2nd jv. BGRIM coded 140mw Amata Bgrim Power (ABP1R) co-gen power plant on Nov 29. BJC upbeats 4Q earnings from positive SSSG at Big C hypermarket, surging traffic at mini Big C on […]
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