GGC said Nature Works USA is interested in building a biopolymers plant at its Bio-complex in Nakornsawan. GLOCON to revamp food business strategy by expanding A&W Express and in 7-11, targeting 20-25% revenue growth at A&W. Comment: Not sure they will be actually able to do anything with this brand, there’s a lot of competition […]
Read More →BAFS: rpt 91% completion of 367km 2nd phase North pipeline pj frm Pichit to Lampang, t/g to run total 576km Ayutthaya-Lampang by 2Q20, eyes 7% jet fuel sales vol grwth nxt yr. Comment: This pipeline is going to reap major benefits from BAFS when completed… BEM: to cod 8 MRT stations (Taopoon-Thapra) on Dec, t/g […]
Read More →ADVANC’s ready for 5G auction with Bt62b available cashflows. Comment: It’s a yield play more than anything else AOT reports 141.87m passengers last fiscal year, +2% yoy, with international passenger growth of 4.4%, flights +2.41%. Comment: And look, there’s still growth, I think 4Q may be a bigger positive surprise than people expect in terms […]
Read More →Transport Ministry said he has full authority to revise BEM’s concession extension before the expiry date in Feb 2020. CP Group led consortium, including ITD, CK, BEM, signed a Bt224b contract yesterday to build high-speed train route linking 3 major airports, which is expected to boost economic development and create >100K jobs. Comment: And this […]
Read More →AWC to be added to FTSE All World at close of Oct 17, estimated inflows of $48m, Kao Hoon. Comment: Just funnymentals here. KBANK appointed Kattiya Indaravijaya to succeed outgoing CEO Banthoon Lamsam, who becomes chairman in a reorganization after FY20 AGM. NOBLE founder, Kitti Thanakitamnuay, sold remaining 17.66% (80.593m shrs) at Bt22.82 to Crowne […]
Read More →BCPG pays Bt5.3b for 69MW Hydro PP Nam San 3A in Laos. Court scraps order for Bt600m compensation payment from EXAT, to BEM. Comment: But they still won Billions regardless Transport Min to decide whether to allow CP Group more time to negotiate terms on high-speed train pj linking 3 airports, or call up an […]
Read More →AMA expects to wrap up M&A logistic co in October, to branch out from sea freight to onshore logistic. Comment: Ships are rocking atm and I think you’ll see far more upside in the coming quarters-years Association of Investment Management companies mulls pulling off investment in JAS following mgt scandal on insider trading in JTS. […]
Read More →ALL to boost recurring income to 20% in 5 years after investing in the New Forum Plaza, to realize Bt4b backlog in 2H, on track to exceed Bt4.5b revenue this year. Comment: And its a trend amongst all the property developers to build a recurring income asset. Those that haven’t will continue to suffer ASIAN […]
Read More →RATCH in talks with 2 powerplants operations on M&A to offset revenue lost from retirement powerplants in Ratchburi during 2025-27. SCB, BBL and KTB followed KBANK’s lead in cutting lending rates by 25 bps, while keeping the MLR (prime rate) unchanged, responding to Bank of Thailand’s surprise rate cut last wk. Deposit rates were left […]
Read More →BA has named South Korea’s Lotte as its partner to vie for concessions to operate duty-free shops at BKK’s main airport and 3 regional ones. Comment: Lotte has been vying for a spot in Thailands duty free market for years just look @ the mall they invested in next to RCA BGRIM sees erngs bottom […]
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