AOT sees Jan aircraft movement thru 6 airports under management +21% yoy, international flight +41.7% yoy, flights between TH & China stands at 260 flights/d. Comment: BKK feels quiet tourism wise but the usual tourist destinations are popping HL signed contract with National Health Security Office (NHSO) to participate in “Gold card” welfare programme allowing […]
Read More →AH’s subsidiary in China secured parts orders from Tesla, will start delivery from FY25. Comment: Yup, and they’ll probably get BYD’s in a few years. CI eyes 3-4 new projects worth Bt10b, both condo and detached housing, sets Bt1b capex for landbank. ERW expects full year OCC >80% on positive international travelers momentum & tailwind […]
Read More →AAV confirmed opening of 2 new routes to AU, BKK-Melbourne (3 weekly flights) & BKK-Sydney (4 weekly flights) from December 1 to capitalize on holiday season. Comment: Looks like AAV is going to start eating up the market share from the main carriers. ASIAN announced pre-emptive right for existing holders for IPO subscription of pet […]
Read More →BCH sees solid yoy growth in 2Q22, on easing covid situations, boosting non-covid related traffics and oversea patients, firms on Bt17b revenue target this year, +104% vs 2020 and 1mil social security patient contract. Comment: Hmmmmm BGRIM anticipates 2Q turnaround from repriced Ft, improved feedstocks mgt, eyes M&A renewable power to diversify portfolio. CRC sees […]
Read More →CIVIL sees higher than expected revenue growth to Bt10b, from Bt6b earlier forecast, and from Bt5b last year, seeing resumption of projects and constructions after 2 year hiatus during covid, eyes participating in bid for Bt14b Kratu-Patong expressway in Phuket. EA to gradually deliver 800 E-bus in 2H22, after acquiring Smart Bus, while setting Bt2b […]
Read More →BAM launches NPAs sales campaign Mar 1-31, 1,000 property up on showcase event, offering free transfer, interest free first 12 month, Bt20k discount via online purchase via Shopee-Lazada, cash back program. BANPU expects to report 10 year high profit this year from strong coal selling price, Bt5b gains on disposal of 47.5% holding in Sunseap […]
Read More →AJA’s started bitcoin mining on its 70 machines, as part of 200 in 1st phase with Bt90m investment, and will be realized from 1Q22, while planning 2nd phase with Bt200m investment for 500 machines. Comment: Well….why not!?! Are we going to see meme’s for these thai names involved in this space? BPP invests Bt442m in […]
Read More →ASAP in talk M&A insurance broker, seeks to branch out from car rent, used cars sales business, launches mobile app penetrate individual clients, target 100k users by end of year. Comment: I am curious to see where this fellow takes his company. I enjoyed talking with him years ago. One of the few people that […]
Read More →GUNKUL prepares 120 rais of land for 1st phase of hemp plantation in 3Q21, expects Bt1.2b revenue p.a. Comment: Funnymentals, loving this retail driven (though even local insti’s are all over this at the moment) cannabis trading market. LIT target FY21 loan book +10% yoy above Bt3b, to tap in SMEs that ties with government […]
Read More →EA sets Bt6b capex for expansion, soon to COD lithium ion battery plant 1st phase and electric bus factory, while Amita, a subsidiary in Taiwan, in jv with ITRI research institution to develop solid-state battery. Comment: Good luck, keep up the ridiculous investments that will only pay off if the company gets a concession contract […]
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