DOD to import 10 hemp species from the US by end of June or early Jule, 4-5 months from planting to harvesting, and into products by 4Q21. Comment: I do find it ridiculous that Thailand doesn’t ensure an organic internal system, but that’s because of the usual structure of the country with interests controlling parts […]

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CENTEL sets Bt10,400m 3-year capex for hotel, food and other investment, to open Phuket hotel for travel bubble program there from July 1. Comment: They’re going to capture the market share. CRC cuts FY21 revenue growth target to 10-11% from 10-12%, scale back CAPEX by 10-15% from Bt16-18b, delay 3 malls launch including Robinson Lifestyle […]

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AH inked deal MG to expand downstream to dealership biz, sees opportunities from PHEV & EV transition, eyes 20% revenue growth target. Comment: The shift to EV etc has zero impact on the business of companies such as AH, as they don’t manufacture engine parts… AUCT teams up BAM to host NPA auction on Jun […]

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BEAUTY’s confident of turning around to profitable this year, sees 5% revenue growth on cost cutting and hemp-based cosmetics. Comment: Another “hemp player”. No one is trusting BEAUTY given that there are no Chinese tourists in town. CPN firms on plan to open 2 malls this year including Central Plaza Ayudhaya & Sriracha, Central Plaza […]

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MGT: allots Bt200m budget for M&A, aiming to branch out from industrial chemical to F&B, pharmaceutical & cosmetics chem solutions eyes 20% revenue growth target. Comment: Why don’t they just say they’ll do cannabis and watch the share price rise 20-30%? MINT: board approved issuance 2 tranches of warrants total 341.26m units to existing holders […]

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AP reports Bt1b presales from newly launched 6 SDH projects on 1st 2 days, 8M20 SDH sales topped Bt18.4b account for 82% of horizontal sales target, maintaining launch plans 16 SDH projects total Bt17.5b for remaining 4 months, Bt12b out of Bt49.33b outstanding backlog to realize this year. AWC seeks M&A existing hotels to scoop […]

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AOT awards NWR with Bt9.7b contract to build a 3rd runway, ready for commercial in 2023. BGRIM upbeats 3Q earnings from lower feedstock cost for SPP as gas price drops, recovery demand for electricity from industrial users, to invest 130-150mw windfarm in Korea, gas-fired powerplants in Vietnam total 2,700mw and 250mw SPP in Malaysia, Bt9b […]

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ARIP confirmed IT event schedule, Commart expo, on August 20-23, launches products showcase to accommodate new normal lifestyle.BJC revised up White Group (WG) tender price to Bt187.67/share from 185.44. Comment: Finally delisting WG? Given the free float is less than 7%….why not….although if I were BJC/WG I would look to use this vehicle to raise […]

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FTSE rebalance today may see as much as Bt3.6b outflows, after FTSE All World cuts SET weighting to 2.98% from 3.05%, while FTSE SET index sees additions in CRC, DIF, ACE, BAM, RBF. ADVANC signed JV Saha Pathana Group to develop fiber infra to expand corporate BB, data center, 5G solutions and cloud services for […]

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ADVANC wins court battle against NBTC, who tried to force ADVANC to pay Bt7.2b remedy packages to 900MHz subscribers. Comment: So the NBTC just wasted our taxpaying money, no surprise. ITEL: signs a data service contract with KTB worth Bt 165m, lifts backlog to Bt 4.53b, target 20% CAGR over next 3 years. Comment: Anyone […]

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