CPF’s top line drivers could improve with higher sales price of swine & poultry, and better expected volume of livestock brightening mid-term Outlook. International sales, 60% of revenue, remain key to expansion, BI. Comment: It’s going to be better than you expect…. BYD’s chairman said heard about report that EA’s selling TSB to raise fund […]
Read More →BBL reports Bt11.81b 2Q24 Net profit, +4.5% yoy, on rise in net interest income from rising yields on earnings assets and growth in business loans, beats Bt10.77b consensus. BBL signed MOU with BEM to provide project funding for Bt139b orange line MRT project. Comment: Oh You’re saying that focusing on the core business and not […]
Read More →ADVANC signed GULF 1 to produce electricity from solar (off-grid project) at 20 base stations, target completion by end of year, aims to expand coverage in remote area & save electricity cost. Comment: I thought ADVANC needs a higher EBITDA to pay divvy’s to GULF to fund all the power projects it won. BKIH: BKI […]
Read More →BGRIM sees 2Q margin continue to expand, supported by lower natural gas price, revenue recognition from 2 power plants (Ang Thong 2 & 3) combined 280mw, in talks 3-5 partners to jointly develop data center, expects to finalize deal this year. Comment: The cost of energy is no longer and an issue and governments are […]
Read More →Notable Transactions Buy(s) THB 510 mn Sell(s) THB 175 mn
Read More →AOT: will raise passenger service charge (PSC) from Bt 700 to Bt 730/passenger for international departures & from Bt 100 to Bt 130 for domestic starting Apr 1. Comment: Well that’s an instant bid…. BJC: reaffirms solid 1Q driven by robust sales of consumer goods supported by CNY spending, international travelers, shopping tax rebate stimulus […]
Read More →AGE anticipates positive coal sales momentum continue driven by surged demand for electricity, firms on 4.5n tons full year sales volume target, Bt17b full year revenue, will expand logistic & green energy business to reduce contribution from coal business to 50% from 95.6% within 2 years to reduce earnings volatility. Comment: Global volume of coal […]
Read More →AOT’s 3rd runway on track to cod in July, adding more automatic channel (e-passport reader) to enhance convenience, mulls expand SIA & DMK airports capacity to handle 140m travelers p.a., expects to sell TOR by end of year. CP Group plans to slow its investment this year, eager to harvest its outlays from recent years, […]
Read More →INGRS signed MOU with S.KR based, Sungwoo Hitech, on business collaboration for developing manufacturing and supply of BEV related components, expand automotive components market in Asian. Comment: I mean, ok, fine… ORI’s 2023 presales exceeds Bt47,265m, record high, supported by strong sales at Pet-Lover condo in Thonburi, reports purchase of 5.88m shares (2.94%) of NETBAY […]
Read More →ASAP targets 20k Changan EV sales over the course of next 4 years under EV 3.5 scheme, expects EV subsidies Bt100k/unit, Bt10k subsidies for e-bike fuel momentum. Comment: We’re going to see these Chinese EVs everywhere… CK sees brighter outlook on construction business, expects margin recover from lower building material & energy costs, jump start […]
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