ATP30 Expands Solar Rooftop & E-Bus Fleet: Phase 2 solar rooftop capacity +120kW; fleet expansion to 30 e-buses by year-end. E-bus margins 25% higher than ICE vehicles. Comment: Well with the cronies fully back in charge, perhaps all these ridiculous ideas will work again… COCOCO 3Q Turnaround: Projected 3Q profit THB 150–160mn, supported by margin […]
Read More →KTB expects to benefit from hosting Pao Tang digital wallet app, subscribers’ data signed up for co-pmt shopping stimulus wud give an edge to its virtual bank business, Kaohoon. Comment: Voila….if PT wasn’t so stuck up about branding, they could’ve simply used the Pao Tang app…but no…b/c of branding they then spent a small fortune […]
Read More →AUCT launches vehicle inspection service biz at Rangsit branch capacity 50 vehicles/day, seeks to branch out from auto auction to new biz, will open 2nd branch at HQ by eoy. Comment: Interesting, it’s still “value addedâ€, limited investment cost etc, and given their relationships with the banks and the tents, could they not become the […]
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 →GULF’s expected to report Bt58.5b Net Profit in 2Q, +797% yoy, thanked to ~Bt52b booking of ADVANC’s fair value, while normalized profit is expected at ~Bt7.24b, Thunhoon. Comment: Well there you go, that’s going to help to pump the name a bit. PTTGC is expected to take the final hit in 2Q from inventory & […]
Read More →AAV said overall Chinese arrivals this year will be closer to 6m, after only ~1.5m recorded in 1Q, and vs TAT’s target of 8m, urging Government to deal with sluggish Chinese market. Comment: Still not bad given the situation. BKI target FY25 insurance premium +8% yoy to Bt34.2b (motor Bt14.7b & non-motor Bt19.5b), in talks […]
Read More →ASEFA announced buyback, up to 20m shares (3.67% of paid-up) Bt70m budget from Mar 10 – Sept 9. Comment: Another buyback…and not a bank – for those companies that have strong balance sheets i.e. no debt – trading cheaply…I’d expect to see more happening. CPALL sets 2-3% SSSG this year, on 2.8% GDP growth assumption, […]
Read More →EPG expects heat insulation sales pick up from surged demand from industrial sector and commercial vehicle from the US on the back of Trump’s America First policy, eyes 8-10% FY25 revenue growth target, margins 30-33%. Comment: Who cares about EPG…..perhaps on the next company visit they’ll talk about even more patents that have been filed. […]
Read More →ALT plans to roll out submarine cable station rental service in Satun province to support Data Center Interconnect (DCI) between Vietnam, Malaysia & Singapore. Comment: How could a company of ALT’s “standing” be considered for an important contract such as this? AOT: FY24 net profit (end of Sept) @ Bt19.18b, +119% yoy; missed Bt19.54b consensus […]
Read More →AOT’s winter flight schedule, starting today, sees 25.8% increase in flights yoy, boosting passengers up by 26.7%, 3rd runway is up aft cod-ed in September. Comment: There’s no stopping the tourism train to Thailand. AU reaffirms big jump 3Q following debut After You butter bun at 7-11, mulls adding more flavors aft recovered positive feedback, […]
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