ERW reported liquidation of subsidiary, Erawan Philippines, in which it indirectly holds 100% of shrs thru Hop Inn Hotel Philippines, no impact on oper of the co., and other subsidiaries as the subsidiary has not conducting any oper. PTTEP completed acquisition of 34% stake in E&E Algeria Touat B.V., which oper onshore basin gas field […]
Read More →ERW reported liquidation of subsidiary, Erawan Philippines, in which it indirectly holds 100% of shrs thru Hop Inn Hotel Philippines, no impact on oper of the co., and other subsidiaries as the subsidiary has not conducting any oper. PTTEP completed acquisition of 34% stake in E&E Algeria Touat B.V., which oper onshore basin gas field […]
Read More →BAM expects NPL sales by financial institutions to reach Bt200bn this year (vs. Bt150bn in 2024). Plans to participate in ~Bt30bn bids, targeting ~Bt3bn in bad debts. Comment: Yes….but if BAM and JMT can only buy ~THB 50 bn together, there’s just far too much supply out there. KBANK: Invesco increased its stake by 0.1688% […]
Read More →DELTA sees “double-digit” sales growth to continue for at least next couple of yrs on rising demand for AI-related tech, said CEO, while AI-related products will a/c for half of its sales by eoy, up from 42% in the latest quarter with strong momentum and the data-center segment is propping up both top and bottom […]
Read More →DELTA anticipates the AI boom will boost sales of networking and data-center power equipment. New AI hardware from NVIDIA and peers is expected to increase demand for advanced power supply and thermal solutions. Comment: Pumping it at the right time? GPSC expects stronger 3Q earnings from improved steam and electricity sales to industrial users. Natural […]
Read More →NRF announced cash call via RO total 94.510m shares, 15:1 @ Bt1/share, subscription from Aug 21-27, issue free warrant (NRF-W2) for RO subscribers, XR Aug 1. Comment: Yeah….I thought plant based food was going to save the world. F wits…how’s the deal with Golden Weed donkey kong played out? I do think it’s time for […]
Read More →BGRIM mulls increasing proportion of direct PPA on power sales in portfolio, target data center & AI infrastructure. Comment: What happened to their renewable port and targets? DE PTTEP keeps FY O&G sales volume target at 510k boepd, EBITA margin btw 70-75%, sees 2Q sales momentum remain strong aft increased stake in Sinphuhorm project, larger […]
Read More →DELTA’s 1Q25 earnings topped, Bt5.49b NP, +27% yoy, vs Bt5.33b estimate, rev Bt42.74b, +13% yoy, vs Bt41.48b estimate, robust growth attributed to accelerating investment trends in AI teaches, alongside ongoing advancements in digital techs and high-performance computing capabilities. Comment: Still knocking it out of the park – I’m just impressed… GLOBAL rpted Bt622m, 1Q25 NP, […]
Read More →ADVANC’s broadband unit, 3BBIF, restructuring loan with BBL, interest will be lowered from MLR to MLR -2.9% on Bt5.45b outstanding loan in accordance with BBL facility agreement. BAM allots Bt8b budget to purchase bad debts this year, aims to scoop up Bt30b-Bt40b depending on quality, launch financial prog (Smart Garden Home), allows NPA buyers who […]
Read More →CP Group, major holder of CPALL, was approached by Seven & I founder family to join in management buyout of 7-11 convenience store chain to fend off a $47b takeover from Canada’s Alimentation Couche-Tard. Itochu & Apollo Global Management are among potential partners the family has reportedly sounded out. Comment: This is amusing. Some believe […]
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