CPF’s firm on 8-10% revenue growth, sees growth momentum into 2Q, sets Bt20b capex. Comment: I see a high probability for all commodity prices to go very very high over the coming decade… DCC’s 967.5m new shares from exercise of DCC-W1 1:1 at Bt1.15 apiece tradable today, previous close Bt1.84. JWD anticipates 2H turnaround from […]
Read More →ADVANC was the 5th to acquire 5G bidding docs, while Cabinet gives greenlight for National Telecom (NT) to participate in the bidding. Comment: I want to see a JAS part 2. AP launches Bt4.7b luxury condo the Rhythm Charoenkrung Pavilion in JV with Japanese partner, plans 4 new condo projects worth Bt12b. Comment: The real […]
Read More →AWC’s joined forces with Adrian Smith + Gordon Gill Architecture (AS+GG) on further development of Asiatique, mixed-use skyscraper pj, comprises of 2 5&6 stars hotels under Marriot Chain, commercial and residence pj under 36 acres complex, the largest on Chaophara riverbank. Comment: It won’t have a difference. Branded residences…perhaps in some locations throughout the world. […]
Read More →AOT’s current duty free operator, King Power, awarded a 11-years DMK airport duty free management concession from FY22-FY33. Comment: Well that was quick BBL to compete with Sumitimi Mitsui Financial for StanChart Indon. Comment: No more growth nor NIM expansion left in Thailand, Indonesia does look like a far better bet for the next 10-20 […]
Read More →KTB says to miss 5% loan growth target this year, after 3% growth 9M19, sets 3.2% growth target next year, to lower NPL from current Bt106b to below Bt100b. IRPC to complete 2 M&A deals next year, PP Compound Downstream and MARS. ERW cuts FY19 hotel revenue growth target to 3-5% yoy from 7-10% previous […]
Read More →ANAN’s a prime beneficiary of Govt’s prop stimulus, plans promo to liquidate Bt33b worth of stocks, Tabloid. Comment: Well not really, as several of their projects are above THB 3 mn IVL t/g recycling 750K tons of plastics by 2025, with Nakorn Prathom plant capable of recycling 1.65m of plastic bottles p.a. Comment: Some have […]
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 →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 →ALL to launch 4 condo pjs worth Bt12.45b in 2H, confident of Bt7b presales this yr. BTS to officially cod Green line extension (North) Ladprao station on Aug 11, additional 4 stations (Phaholyothin 24, Ratchayothin, Sena, Kassetsart Uni) to cod in Dec, remaining 11 stations in FY20. Comment: And they’ve made another investment into a […]
Read More →Admin Court issued a verdict dismissing claims by TOT against DTAC (Bt246b), TRUE (Bt59.6b), ADVANC (Bt5.45b) on access charges. Comment: And thats a boon to all the major players esp DTAC AOT cut FY19 revenue growth target to 5% from 10%, revised down full year tourist arrival growth target to 5-6% from 6-7% from impact […]
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