ADVANC wraps up Bt14.866b acquisition of 700MHz bandwidth from NT, boosting its 5G capacity after securing 13 years roaming service fee. Comment: So is this the cost for acquiring 3BB? Or is it because TRUE can’t afford it? BEM anticipates solid 3Q from strong daily avg MRT ridership thanks to robust int’l travelers, higher revenue […]
Read More →GULF-Binance venture gets license for digital asset exchange and digital asset broker business in Thailand, will begin operation from 4Q23. Comment: The Chinese money launderers are going to be very strong in Thailand HFT’s applying for China’s industrial standard certificate, seeks to branch out from motorbike & commercial vehicle tires to e-bike segment, eyes 1st […]
Read More →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 […]
Read More →ADD: local fund, BBLAM, cuts holding by 1.4375% to 4.3536% of total outstanding on Jan 26. NBTC gave greenlight to ADVANC’s bid for 3BB and JASIF, pending appointment of independent consultant, before submitting for NBTC’s board approval in 1-3 months, Tabloid. Comment: Well that took them a while… BH sets double digit revenue growth this […]
Read More →BBIK to enter VN next year to offer corporate digital business solutions, and expand in Indonesia and England, sets >70% revenue growth target this year. Comment: They’re going to have repeat this performance for the next decade or so to defend the current valuation. BCPG sets Bt30b capex next year, mostly for oversea M&A, target […]
Read More →PACO, an auto air condition part manufacturer, President Automobile Industry pcl, debuts today, 260m shares IPO at Bt1.4 apiece. Comment: BOOM, small name, same float, great first day pop. PPS sets Bt500m revenue target this year, +10% yoy, GPM at 24%, supported by Bt563m backlog, of which Bt300-400m to book this year. S sets Bt20b […]
Read More →CBG eyes no.1 domestic energy drink market share by FY22, targeting 20% revenue growth next year from CLMV sales, will finalize plan to list supermarket stores, CJ Express Group, within FY22. Comment: CJ dominates eastern Thailand, didn’t know that eh? Yup a drive around there and you won’t see 7-11’s, tesco’s, bigc’s as much as […]
Read More →AMA plans to add vessel before eoy, in talk M&A tanker & logistic business, plan to wrap up 2 deals 1H21, will report 3Q net profit on November 6, reassure turnaround from improving traffic on reopen. AOT’s cashflows drops to Bt40b from Bt77b normal level, may run out in mid-2021 if situation prolongs, may have […]
Read More →ALT reassures solid 2Q from recognition of Bt496m network hardware procurement projects for State Railway, upbeat 2H earnings from strong operation from internet bandwidth services subsidiary, International Gate (IG), as demand from CLMV surged following C19, expects to sign JV Malaysia partner Edotco Group and State-telcos, CAT, in 3Q, firms on 20% revenue growth target […]
Read More →AOT said coronavirus had no impact on arrival January to date as seen in 2% growth, confident of 5% growth this year, have plans to handle the outbreak. Comment: The drop will be seen in the coming weeks/months should this continue. DTC acquires F&B catering services business in Vietnam, The Caterers, for US$3.9m (Bt117m). Comment: […]
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