CPF’s expected to report all time high quarterly profit in 1Q21 at Bt7,644m, +25% yoy, on higher swine sales, contribution from CTI and Lotus, mulls introducing plant-based products locally, Tabloid. IHL sees 20% revenue growth this year, on rising orders in leather products and pet foods. Comment: We’re wondering how big a jump in auto […]

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AMATA sets 950 rais domestic land sales target this year, 700-800 rais in Vietnam, growth will be supported by Bt1,813m backlog, sets Bt4-5b capex. Comment: When has AMATA ever achieved anything? I’ve been following them since 2004, and nothing has changed. Treat it like the dinosaur it is, when the share price drops for whatever […]

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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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AAV said the latest outbreak the worst crisis for aviation in Thailand as airlines face more pressure than during the lockdown last year. Comment: Nothing was worse than the March-May period where everything was shut down. But the government is trying their best to make things just as difficult at the moment. EPG upbeats 1Q […]

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CPF sees the highest net profit in 10 year this year. after recording Bt19.6b in 9M20, while expecting to book Bt2b gain from acquisition of swine business in China. Comment: One and done. CRC expects to return to pre-covid next year, while acquisition of COL will boost overall revenue up 4-5%, sets Bt10b capex for […]

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AAV sees 4Q average load factor back >80% from 65% in 3Q, Chiangmai, Chiang Rai & Nan logged 90%, 42 aircrafts out of 62 entire fleets on operation, 4Q ticket price QTD +10-20% from Bt996/ticket in 3Q. Comment: Yup though ticket prices are far higher than 996 on the weekends. Rumours have it though that […]

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ADVANC to provide 5G network solution for Bosch’s factory in EEC, sees growth from IoT, remote production curling & monitoring, automated warehouse & logistic to improve productivity. Comment: I think we are underestimating the potential impact of 5G on businesses, it’s going to be far bigger than we may realise. AOT’s board omitted bonus payment […]

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DOHOME upbeats 3Q earnings from positive SSSG and order from government agencies, sees momentum carry thru 4Q from shopping tax break scheme and full quarter contribution from newly opened full scale outlet in Rayong and 2 Dohome To Go branches, expects demand for home repairing surge aft continuous rainfall. EPG reaffirms solid turnaround 3Q from […]

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AMATA anticipates 2H earnings recovery HoH from improved recurring income and utility sales from IE as activities increase posted reopen, upbeats L-T outlook from increasing production base relocation and diversify land portfolio across CLMV. Comment: They wish that they were as clever/aggressive as WHA to expand into recurring income businesses CHAYO estimate asset management subsidiary, […]

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AKR: branch out from transformer manufacturing business to turnkey solar rooftop, aiming to capitalize opportunity from existing clients, expects big jump next year. Comment: The turnkey solar rooftop market is incredibly saturated atm…. JKN: reaffirms solid 3Q from drama content sales to Malaysia, Phil & India clients, sees positive sales momentum 4Q from media high […]

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