CHAYO sets Bt3b capex for bad debt purchase, hoping to secure Bt10-15b in bad debt purchases this year, to wrap up plan to set up a JV in AMC in 2H, firms on 25% revenue growth this year. Comment: So much money to be made for these players… DOD to launch CBD based supplements this […]

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PTTEP: reaffirms solid turnaround after hit by hedging loss in 1Q, sees higher average sales volume in 2Q at 467k boed vs 427k in 1Q, expects gas selling price peak in 4Q on renewal of gas purchase agreement in several projects. Comment: Even my grandmother can trade oil better than this pttep team. At least […]

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BGRIM target to wrap up 2-3 oversea PP deals with 100-200MW capacity by eo-1H, in collaboration with TRUE to develop digital innovation for power business, by focusing on commercial buildings and IEs. Comment: The power monster of the region. BH: BBLAM cuts holding by 0.3141% to 4.1736% of total outstanding on March 24. CPF’s exported […]

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Eleven Thai chicken factories, including 6 of CPF, have been given permission by Saudi Arabia to export chilled and frozen fresh chicken, effective as of March 13, after 18 year suspension. Comment: CPF, GFPT and friends are going to benefit from this. CAZ signed 2 contracts to develop LNG receiving terminal & civil work projects […]

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ACE: a group of local residences has called for ACE to stop construction of its 2 bio-mass power plant in the area, citing environmental risk. BPP’s doubling down on its U.S.-led growth strategy by pledging to invest >$200m in renewable energy projects to add to its existing shale gas and electricity port. It plans to […]

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Ascend Money, a digital payment and financial service unicorn of CP Group’s online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia. Comment: They will look to go public at one point. BGRIM to enter […]

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AAV to start accepting digital currency for payment from next year, sees 100% recovery in domestic travels in 2Q22. Comment: I can just picture royal nationalists saying that is anti-monarchy… now, I am curious to see how far these systems will go. Though for now expect for all the Thai companies accepting “digital currencies” to […]

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BCH said Omicron can be easily spread, but is not as severe as Delta, while can be detected by PCR, firms on 104% revenue growth target next year. Comment: I find it incredible how everyone has become an expert on the R0 and impact of the Nu Variant (sorry Omicron) since last Friday. EA’s lithium […]

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Thai AirAsia (TAA) predicts full recovery for Thai tourism in the next 2 years as international borders will gradually be opened by next year, while passenger traffic has yet to resume despite the country’s reopening on November 1. Comment: Depends upon the definition of a full recovery. But w/o a doubt I still think tourism […]

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ADVANC sets Bt25-30b 5G capex next year, while AISCB to start lending services 1Q22, penetrating 43m its customer base., sees strong data traffic next year supported by Metaverse trend, roll out bundled 5G handset and air time package to boost market share. Comment: SCB is no longer restricted to its own branch network. Britania, a […]

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