BDMS sees year-to-date fly-in patients reach 30% of total rev, potentially hit 35%, above pre-covid level by end of year, allots Bt1.8b to adds 3 hospitals, seeks to expand market share from SSO patients, eyes 6-8% FY revenue growth target. Comment: And that’s the best growth you can hope for, as they’re a behemoth now. […]

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AOT mulls hiking passenger service charge (PSC) from current Bt100 and Bt700, for domestic and international, Tabloid. Comment: Monopolies are great. And they have every right to do so given the higher cost of everything today. BAFS mulls revising up full year jet fuel sales volume from current 4.2b litres after logged 1.069b litres in […]

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ARIP sets 30% rev growth target this year, a record high, from Bt226m yoy, on recovering tourism. Comment: If that’s the case, it will be both all time highs for both revenues and profits. It’s been listed since 2010, but haven’t really looked into this name, could be a smaller example of a listed player […]

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ADVANC upbeats earning outlook from improved ARPU on eased competition, higher revenue from sim sales on surging tourists arrival, maintain mid-single digit revenue growth target, broadband M&A with TTTB expected to complete by end of 1Q. Comment: And voila…we have 3 players now (yeah yeah I know it’s only 2 NT doesn’t count, but on […]

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CENTEL targets Bt22b revenue this year, on recovering hotel and food business, sets Bt4.4-6.8b capex for 6 new hotels and 120-150 F&B branches. Comment: And they’re going to gobble it all up CH launched ready-to-eat TH deserts, mango sticky rice & banana in coconut milk, under Bangkok Tasty brand, to expand Indonesia & UAE to […]

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CHASE: distressed assets management, a subsidiary of RS, Chase Asia, debut IPO 562m shares at Bt2.9 apiece, ASP, KSEC, UOBKH & Yuanta joint leads. Comment: According to my friends in the industry, this is a POS. Put together by RS and friends just to IPO a few years ago. They haven’t been seen at any […]

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ASAP sees 1Q23 car rent jump 400% yoy as demand surge on increase travelers, allots Bt2b budget to expand fleet. Comment: There are multiple ways to play the recovery in tourism. This is one. AWC saw bookings and room occupancy rates in December exceed that of pre-pandemic period. BEC signed an exclusive Thai drama and […]

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BANPU sees 4Q22 coal & gas sales volume higher qoq & yoy, no rush on hedging amid winter season, eyes opportunity in lithium mining business. Comment: Finally they aren’t being stupid with their hedging, coal is only up some 5x…. CPN sees solid 4Q on rising tourist arrival and seasonal campaigns, sets Bt20b to expand […]

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ASIAN raised revenue target to 22-23% or Bt11.6b, from 19% or Bt11.2b, on higher growth in pet food, tuna business, weak THB, and gain from 10% AAI stake sale in 4Q, boosting GM to 19%. Comment: Just outstanding BRI reaffirms Bt11b FY sales target, 50% of Bt2.19b outstanding backlog to realize in 4Q, will launch […]

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AH maintains 30% FY revenue growth target supported by strong EV parts orders, sees bright outlook next year on Ford plans to designate TH as EV production hub in SEA. Comment: I always find this news related to EV’s from the auto manufacturers amusing because the management themselves will say that this isn’t true volume […]

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