ALT: board approved investment in 2 fiber optic pj including fiber ntwrk connecting BKK-EEC area and submarine cable pj in Satun province combined worth Bt1.594b, expects to gen approximately Bt150m-190m p.a. Comment: In theory this should be a decent business model – but given the structure of the industry, it doesn’t perform as it should. […]
Read More →AOT received CAAT approval to charge ground service fees at SAT-1, covering systems like 400Hz aircraft power and PC-AIR air-conditioning. Expected to generate >Bt300m/year from ~2,000 monthly flight operations by 30 airlines. Comment: AOT is running around trying to figure out how to replace the lost King Power $ BBL holds 2,407 million shares (8.51%) […]
Read More →KTB offers remedy package for retails & SME borrower affected from TH-Cambodia border clash, reduce mthly installment by 75% for 1 year for mortgage, 0% interest for 3 months than 2.5% p.a. for 33 months, monthly installment for P-loan also reduce by 75% for 1 year, 4.5% interest p.a. for 3 years, 0% interest for […]
Read More →AWC and KTB sign a Long-term green loan agreement worth Bt7.9b to support the transformation of Hotel Plaza Athénée Nobu NY into a green building in line with international standards. Comment: Even with green bs, loan growth is still nothing… BANPU, via its Banpu Energy Australia, to acquire a 50% investment interest in the Wooreen […]
Read More →ASAP expects car rental demand to accelerate from July on the back of new domestic travel stimulus. Its Changan EV dealership business is gaining traction, with Deepal S05 deliveries beginning this month. Comment: Well….or are fears about the Neta going under dampening consumer sentiment on the Chinese brands? (exclu BYD perhaps?) BBL and KTB are […]
Read More →APCO in talks Nigeria prtnr to expand health supplement biz in Africa, expects to secure OEM ords to supply 12 items at first phase, ink deal in Jun. AOT: Austrian Airlines will increase flights frm Vienna to BKK, operating double daily services for an upcoming winter flight scheduled frm Oct till Apr 2026. AWC & […]
Read More →BTS reported disposal of investment in Community One & Community Two to U-Ta-Pao International for Bt625.6m. Comment: Just a left pocket right pocket transaction… KBANK offers rescue package to borrowers, holiday payment on principal for 3 months for mortgage, credit card, P-loan only interest payment charges, cuts month installment by 50% on auto hire-purchase for […]
Read More →ASEFA announced buyback, up to 20m shares (3.67% of paid-up) Bt70m budget from Mar 10 – Sept 9. Comment: Another buyback…and not a bank – for those companies that have strong balance sheets i.e. no debt – trading cheaply…I’d expect to see more happening. CPALL sets 2-3% SSSG this year, on 2.8% GDP growth assumption, […]
Read More →AKR launches cast-resin transformer, no insulating oil required, suitable for high-rise building, commercial & industrial applications, seeks to exports in ASEAN as a good substitution from products imported from SPN & ITA, target FY25 revenue growth no less than 10%. KTB mulls studying on share buyback, with Bt57b cash on hand, P/B at 0.76X and […]
Read More →AMATA to wrap up 300-500 rai land sales, boosting FY24 sales to all time high, with current backlog to realize until 2026. Comment: That’s nothing…WHA is spanking them. AUCT to start auctioning of 2nd hand E-Bike and EV, with 30 in 1st lot on Oct 26. Comment: This will set the secondhand price in the […]
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