ASAP upbeat 3Q earnings from recovery demand for car rental from domestic air fare stimulus, improved used cars sales, will purge 1k used vehicles in 4Q, firms on Bt4b FY revenue target. IIG firms on 30-38% revenue growth target this year to Bt900-950m, on higher contracts and expansions into ASEAN, especially VN and Indo. Comment: […]
Read More →CPALL to sell tix of TH Moto GP event, OR Thailand GP, via 7-11 nationwide and www.allticket.com, free practice from September 30, race day October 2. ERW expects FY22 OCC at budget hotel unit (Hop-Inn) >70%, non Hop-Inn >60%, RevPar +60% yoy, Hop Inn Bangna to open in October, Thonburi station near Icon siam & […]
Read More →LH Group could be the one to decide fate of JAS’s broadband (TTTBB) spin-off to ADVANC as the group is the 2nd largest unit holder of JASIF, 616.08m units or 7.7% of total outstanding. Comment: Haven’t looked into this, though I wouldn’t see why LH wouldn’t vote for this change. NRF to cod 1st phase […]
Read More →AOT to open bid for Bt7,830m East-passenger terminal extension next year, with construction expected to begin soon after. Comment: I’m all for these expansions, Thailand had infrastructure issues dealing with the increase in Chinese tourists leading up to 2019, if we throw in the Indian market, it would be impossible for the travel industry to […]
Read More →JAS: vulnerable from 32.8% holding in JTS as share price -82% from peak at Bt594 in April to current px at Bt104/share following crypto rout, Tabloid. Comment: What’s amusing that is JAS didn’t move when JTS’s share price was at 400, however now that JTS is in the process of finishing its christmas tree chart, […]
Read More →GULF in MOU with Binance Holding to study a digital exchange in Thailand. Comment: Blockchain energy trading? INSET expects windfall from cypto & metaverse boom, sets Bt1b budget to expand data center & cyber security business. Comment: One dream we have is that Thailand is permitted to become the crypto/token hub of the region. HK/China […]
Read More →AMATA reaffirms 650 rai land sales target this year, sets 10-20% land sales growth target for next year, while existing Bt2,771m backlog to be gradually realized thru 2022. Comment: Do you remember the days of 2-3k rai land sales for AMATA? Long gone. BEM sees Nov toll way traffic topped 1m trips/d, avg MRT riderships […]
Read More →ADVANC target 300K new AIS Fibre customers this year, from 1m at end of-2019, as lockdown boosted demand for high-speed BB. BLAND launches community mall, Cosmo Walk, to boost recurring income and adding value to its Muang Thong Thani complex. EA reports Bt2.2b CD 2x covered, healthy demand for 2-3 year maturity JAS received Bt942m […]
Read More →AMATA expects 2H recovery, keeps 950 rais land sales target, and books 60-80% of Bt2.486b backlog this year. Comment: Seeing is believing. That EEC story seems to have disappeared. AMATAV keeps Bt1.5b revenue target this year, supported by transfers of 28 hectares of land and sales of ASCLT 1 and ASCLT 2 in Vietnam this […]
Read More →BCH sees solid 1Q20 on higher SSO patients, on track to open 90 beds new hospital in Sa Kaew, firms on 10-15% revenue growth target this year. Comment: Excl. BH and BDMS I think the rest of the hospitals are going to be ok. EPG said its unit in the US, Aeroflex USA, is operational […]
Read More →