BEM extend MRT operating hours 6am-11pm for Blue line & 5:30am-11pm for Purple from Oct 16 as curfew shorthened to 11pm-3am vs 10pm-4am prior. BCP: Social Security Office raised holding by 0.0552% to 15.0391% of total outstanding on October 12. BEYOND sees demand picking up ahead of November 1 reopening, especially at two luxury hotels […]

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AAV resume domestic flights today Comment: Reopening trade done for this name. There should be talks of recap coming again before the end of the year. BAM maintained Bt17b FY21 revenue target, eyes Bt4.2b cash collection in 3Q & Bt6b in 4Q post reopened, launch installment campaign & digital marketing to boost sales, sets Bt10b […]

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ERW sets Bt700m capex for 10 new hotels in Thai and Philippines. Comment: That number doesn’t make sense. THB 70mn/hotel? KTC reaffirms record high profit this year, despite difficult 3Q, to sell Bt800m worth of bad loan port and focus on secred loans. Comment: As long as people are paying the minimum amount then they […]

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AAV to suspend all domestic flights from July 12-31, while BA cancelled 5 domestic routes from July 13-31. Comment: Well that’s amusing….government has done a great job at killing demand (and local businesses) AOT extends 50% cut in landing and parking for airlines until September. BJC upbeats 2H earnings from health care division from strong […]

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BCP joins with 10 partners to set up Carbon Markets Club for carbon trading to help reduce green house effect. Comment: A new oligopoly is being formed in order to create the pricing for carbon in Thailand, smart move. IMH said listed firms and private co have expressed interests in getting its Sinopharm vaccine services, […]

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BCPG’s firm on 30-40% EBITDA growth this year, supported by recognition of 11MW in Thailand and 3 projects with 65MW capacity, to gradually COD from 4Q21, sets Bt18b capex. CPF board approved disposal of fresh foods retail & distribution business to Ek-Chai (Lotus) for Bt861.6m. Comment: This is one to extract cash from a recently […]

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BPP cod 543mw Nakoso Integrated Gasification Combined Cycle powerplants in JPN (33.5% holding) COTTO mulls expand distribution center upcountry to lower costs and expand market share on ceramic tiles & building material products, will add grout & tile adhesive to line up, expects higher sales yoy after revamp online channel (Cotto Life), sees upside from […]

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CPF’s expected to report all time high quarterly profit in 1Q21 at Bt7,644m, +25% yoy, on higher swine sales, contribution from CTI and Lotus, mulls introducing plant-based products locally, Tabloid. IHL sees 20% revenue growth this year, on rising orders in leather products and pet foods. Comment: We’re wondering how big a jump in auto […]

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