BAY is also to report today, Bt8.207b 4Q22, and Bt29.84b FY22 consensus. Comment: Perhaps the best managed bank in the country over the past few years. COM7 mulls expanding house brand products portfolio from <10% of mobile accessories sales to >25% in FY23 to boost margin, utilize existing shelf spaces. Comment: so they’re going to […]
Read More →AEONTS anticipates solid 4Q22 (eo-Feb23) driven by higher card spending from shopping tax rebate stimulus, lower LLP after purged bad debts last year. Comment: It doesn’t seem to what how slow or fast the economy is growing, AEONTS continues to grow its equity year after year. ALL defaulted on a bond’s Bt10.7m interest payment yesterday, […]
Read More →BCPG’s planning to build Asia’s largest wind farm in Laos, 600MW, in coop with PowerChina International, to COD in 2025. NER seeks board approval for its 3-year business plan, including Bt500K tons sales and Bt30b revenue target, Bt400m capex for expansion in 3 new plants in Northeastern, targeting 1.1m ton/year capacity. Comment: Their margins have […]
Read More →AMR secured Bt214m underground wiring projects, boosting backlog to Bt2.1b, firm in Bt2b revenue target this year, after MOU with AJA into e-bike business, target 30 EV battery swap locations by end of year. AUCT sees recovery traffic at auction yard after Finco’s debt moratorium ended 1H22, hiked entry fee for passenger vehicles to Bt10k/unit […]
Read More →CK wins Bt1.078b expressway maintenance contract from BEM. CHO sees solid 2Q, supported by Bt1,496m backlog, on track for M&A in the US, Eon Reality Inc, an operator in Metaverse, as part of CHO Tech Riders 2030 plan. COM7’s appointed a service and solutions distributor for Alibaba Cloud for integrate cloud services in Thailand. III […]
Read More →BA submitted filing to SEC to establish BA airport leasehold REIT (BAREIT) to invest in its Samui int’l airport, fund size up to Bt14.3b. BANPU invests US$150m in healthcare fund in U.S. as founding partner. Comment: Wait what? Someone go take over BANPU, their capital allocation is frustrating.. BBLAM, who manages JASIF, said ADVANC’s plan […]
Read More →AOT to pay full rental to Treasury Department, from 50% during covid, if govt declares an endemic from July 1. Comment: Here is the dirty little secret. When the government finally declares its an endemic. Then all the discounts and delays in payments that companies had during COVID are gone. BC’s indirect subsidiary, Bespoke Life […]
Read More →AQUA sets Bt120m for max 200m share buy back from June 1 – Nov 30 Comment: Oddly rather consistent figures over the past 5 years. COM7 sees >20% revenue growth target, on track to open >150 new outlets this year, bringing overall to 1,200 by end of year, expanding online and game as well as […]
Read More →ASW sets Bt6b revenue target, +20% yoy, Bt10b presales, supported by 7 new projects worth Bt12.4b, and recognitions for Bt7.33b backlog. CHAYO target FY22 revenue growth >25% driven by outstanding Bt80b distressed assets under management, improved cash collection on easing curbs, credits facility for SMEs & franchise operators, upside from AMC ventures with BANK, will […]
Read More →EE’s ready to speed up expansion in hemp business, in M&A and JV, with Bt600m capex to boost current crop from 50K, to deliver all canabis flower to JP at Bt7,500 to Bt20,000/kg depending on CBD percentage level. Comment: Here is the issue atm for the cannabis space, no one knows the market price, the […]
Read More →