AAV: expects improvement in revenue & passenger load factor next year as tourism starts to pick up, will returned 5 aircraft at end of year, shrink fleet size to 53 aircraft, sufficient for service till eo-FY23. Comment: They’re not expecting any mass chinese tourism. AH: upbeat 4Q earnings from recognition of chassis orders for VinFast […]

Read More →

AOT: Treasury department mulls scrap 50% land rent discount at 6 airports next year as Covid situation eased. Comment: Tourism figures are still -50% of pre wuflu, but the share price is already near the 2019 peak. Well ok…granted I do still think TH will back to those high travel figures within the next 6-12 […]

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 →

BANPU acquires Barnett shale field in Texas with gas production capacity of 225mmscfd from Exxon Mobil for US$750m, lifts total gas production in the US to more than 900mmscfd. Comment: Ya ya ya, share price would’ve been far higher…ok time for me to move on from whining about last year’s recap. Once BANPU has finished […]

Read More →

ASIAN target Bt10.6b revenue target, +12% yoy from feedmills & PET food business, will spin-off PET food unit (AAI) on SET in Oct, pays Bt 0.4, XD May 18. Comment: Wondering how much value this spin off is going to add. CHG anticipates solid 1Q from cod of heart disease clinic, harvest period from 2 […]

Read More →

National Telecom (NT) is in talks with ADVANC for a partnership deal that would see ADVANC purchases 10MHz of bandwidth on the 700MHz spectrum range from NT. Comment: See there are still 3 telco players in Thailand. EKH anticipates solid 1Q from RT-PCR tests on resurgence of 5th wave, will cod elderly care home & […]

Read More →

Central Group expressed interest in Selfridge takeover, was working with Citi on deal, SKY news. Comment: They are going to eat the retail world in Europe at this rate, though I don’t see Central group paying above “fair prices” JWD anticipates FY21 revenue exceed Bt5b target after registered rec high for 3 consecutive quarter, will […]

Read More →

Notable Transactions Buy(s) THB 456 mn JMART – Look at how much he’s bought back BANPU – Wonder if the founder/chairman realises that the recap was a silly idea, share price would be +50% higher by now… SPALI – Family still buying! MORE – Funny movements in this share price for a while… RAM – […]

Read More →

AJA raised holding in trading co, Youtai, from 49% to 100%, aims to have full control and boost export traffic to China. AOT reaffirms 3 expansion plans at Suvarnabhumi airport worth Bt56.9b, to spend 9 months on feasibility study. Comment: When you begin flying around the country again, you’ll be surprised by the expansions done […]

Read More →

BA to resume Samui-Phuket route, from Aug 25, will return 1 lease aircraft this year and 6 in FY22 lower fleet size to 32 from current 39 by end of next year. Comment: Airlines are (were?) a fantastic reopening play.  BANPU sees solid 3Q from high gas and coal price, and revenue contribution from El […]

Read More →