ADB in talk partner to expand bio plastic business, seeks to branch out from PVC compound sales to industrial clients to packaging producers, eyes 35-40% revenue growth next year >Bt2b. CPN to open Central Village luxury outlet phase 2 on Jan 28,22, expects more traffic from new category, Pet N Me, Xiaomi, Beautrium, golf & […]

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BAM & RATCH are expected to be remove from MSCI index on an upcoming reshuffle announcement November 11, effective at the close of Nov 30, tabloid. Comment: And the replacements will be MAKRO and…? CPALL: anticipates 4Q turnaround from positive SSSG, expects sales jump after curfew lifted on October 31 (11pm) as sales during 7pm-10pm […]

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AOT: sees earnings at trough cycle, expects FY22 loss narrow to Bt4b from Bt15b loss this year, target 62.3m passenger arrival in FY22 & 116m FY23. CPN: opening 2 malls this week, Central Sriracha on Wed & Cental Ayudhaya on Saturday, reassure FY21 earnings no less than last year. Comment: They are the giant in […]

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AIE reaffirms solid turnaround 3Q from recovery biodiesel sales volume on easing travel restriction, expects positive momentum 4Q from demand for fuels on holiday season, improved vegetable oil sales vol on reopen of F&B, higher export volume of raw glycerine to India & China for food, pharma, cosmetic production. Comment: Am curious to see how […]

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AP’s booked Bt23.3b presales in 8M21, on rising price of single detached house, mulls 5 new launches worth Bt7,020m this month. BM reaffirms record high profit, despite slight hiccup in 3Q, confident on 4Q growth, supported by Bt300m backlog. EGCO, RATCH & Electricity Generating Authority (EGAT) established JV, Innopower, to invest in start-up R&D co., […]

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AOT’s Bt41b passenger terminal (north expansion) gets greenlight from Deputy PM yesterday, as well as Bt7.8b (east expansion), with constructions start Jan 23 and April 22 respectively. Comment: The valuation of AOT still makes no sense. But c’est la vie. CK secured Bt5b water transmission tunnel, to official sign Bt47b dual-tracked Denchai-Chiangrai contract, boosting FY21 […]

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AUCT: anticipates recovery traffic at auction yard 2Q onward as repossessed vehicles mounting on third wave of pandemic, expects wider margins this year from lower SG&A and online auctions, upside from partnership with leasing & distressed assets management partners (ECL & CHAYO). Comment: CHAYO is the interesting play here, they have access and now a […]

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CMR sees 100% OCC at Lanna 1 & Lanna 2 hospital in Chiangmai, will cod 200 beds Lanna 3 hospital in 3Q, lifts total to 410 beds, target FY21 revenue growth no less 30%. Comment: Making bank. Unless ppl have amazing insurance or are at a state hospital, people are going to suffer with payments […]

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ANAN reports Bt3,979m 1Q21 pre-sales, 17% higher than target, thanked to 100% sold-out of one condo projects, sees solid demand for condo along mass transit lines. Comment: Sold out one project @ cost? BEAUTY develops new business model, by securing distribution channel via retail outlets in provincial areas, sets to appoint 8 large distributors, covering […]

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ASIAN sees solid 4Q20 on exports, boosting FY20 to record high, exceeding Bt8.4b target. Comment: The amazing performance of their seafood & petfood businesses has stumped me. FN reports 100k download of FN online shopping app following debut on February 2, expects FY21 turnaround from larger network via Shopee, Lazada, FB, Line and mobile app, […]

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