CPAXT reaffirms that no investment plans in any other project of Magnolia Quality Development Corp (MQDC), nor has it provided any financial support or engaged in any fin relationship with MQDC as per rumours spur in the mkt. Comment: We fully believe everything that CP group has to say about MQDC. Oh c’mon, it’s broke […]
Read More →AAV will resume 4 weekly flights from BKK (DMK) to Colombo starting Jul 9, mulls going daily during peak holiday season in Dec. AOT’s has ordered a safety check on every moving walkway at BKK’s Don Mueang airport, following an incident in which a woman lost a part of her left leg after falling on […]
Read More →AEONTS reported 3Q22np (end of Nov 30,22) at Bt1.42b, +35% yoy, topped Bt984m consensus, new loans 3Q22 +17% yoy, lifted 9M +29% yoy, recovery consumption & tourism boosted card spending. Comment: Just fantastic numbers. BCP board approves plan to take over ESSO, pending shareholder approval, pushing refinery output to 250K bbl/day and maintaining #2 retailer […]
Read More →ASW reports Bt3,250m 1Q22 presales, or 33% of its Bt10b this year target, to launch 3 more projects in 2Q worth Bt3,180m, for a total of 7 worth Bt12,400m this year. Comment: A relatively new IPO, as a mid-size developer, being listed has helped to raise capital just before covid hit, perhaps will be a […]
Read More →BGRIM target to wrap up 2-3 oversea PP deals with 100-200MW capacity by eo-1H, in collaboration with TRUE to develop digital innovation for power business, by focusing on commercial buildings and IEs. Comment: The power monster of the region. BH: BBLAM cuts holding by 0.3141% to 4.1736% of total outstanding on March 24. CPF’s exported […]
Read More →ATP30 wins E-Bus operating contract from PTT’s unit, firms on 15% revenue growth target this year, mulls studying e-bus and charging station plans. Comment: Ka-ching, steady cashflow for ATP30. INET mulls listing internet service subsidiary, Mandala Communication, to expand IT platform, cyber security, big data, planning to sell 2nd data center into REIT and re-invest […]
Read More →AGE branches out from coal sales & bulk transport to container logistics business, aims to revamp pier, warehouse and truck to utilize existing resources, maintaining Bt11b FY21 revenue target. Comment: Inventory gains = massive profits, that’s the story for AGE. BCH reaffirms solid 2Q while 3rd wave of covid will boost 3Q, supported by 900K […]
Read More →ADVANC teams up 6 hospitals to provide telemedicine services, AIS Well-Being, thru digital platform, aims to fill demand from long distance patients, offering real time consultations & monitoring without need for in-person visit. Comment: AIS is achieving what DTAC said they would do 5-7 years ago. BLA launches saving insurance plan, offering min returns, principal […]
Read More →AOT mulls proposing cabinet proposal for Bt15.8b Chiang Mai passenger terminal expansion phase 1 next year, target cod mid-FY25. Comment: Mulls proposing? Just propose. Regardless, this is a positive, the airport terminal there is woefully overcapacity during normal periods. BCPG and Mitsubishi Corp will jointly develop 600mw onshore wind farm projects in Laos, power to […]
Read More →INET sees FY21 revenue from cloud services +50% yoy from remote working, online platform expansion & paperless adoptions, will estimate Bt4.5b IFF (DCREIT) offering in 2Q. Comment: I still don’t understand why any private enterprise would bother with INET. IRPC upbeats FY21 earnings from wider chem spreads yoy, stock gains & improved sales vol supported […]
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