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 →JMT, CHAYO and CHASE are expected to benefit from surged bad debts in 2H, SME, Hire-Purchase and mortgage are top non performing, Prachachart. Comment: CHASE shouldn’t be lumped into this they’re a rubbish firm compared to CHAYO and far lower than JMT. LPN launches Bt2.1b Earn Amata, a residential project, which offers 5-6% avg yield. […]
Read More →AGE sets 5.2m tons coal sale target this year to Bt23b, to Bt30b by 2025 with 7m tons sales target, mulls 1 M&A deal by end of year. Comment: And the good days of AGE are over for now (relative to 2021/2022) but realise that the figures are still going to be 3x higher than […]
Read More →ADVANC sets Bt27-30b capex, the 1st to achieve 3Gbps speed for 5G on LIVE network mmWave. Comment: So….when 6G? SAMART wins Banglamoong sub-station and procurement contracts at Jomthien sub-station worth Bt2.4b. TGE completed 130m shares PP to 5 investors at Bt2.00, to finance its 2 recently won waste power plants. SSP sets Bt3.1b revenue target […]
Read More →3BB is having liquidity issue and short on rental payment to JASIF, may lead to contract restructuring.Comment: Great quality eh? AIS is buying themselves a great asset… AOT board approves Bt36b 3rd phase development at Donmuang Airport, design to complete in Oct and bidding start in 4Q23, target 40m passenger vs 30m now. AURA targets […]
Read More →AAV targets FY23 passenger reach pre-Covid level at 20m, +100% from 10m in FY22, expects cabin factor within 87-88% vs 81% FY22, 20% air fare hike, fuel surcharge to boost revenue. Comment: By 4Q23 they’ll comfortably be pack, now it’s just a question of getting the same number of planes up in the air. BAM […]
Read More →AOT expects to see total passengers thru its 6 airports this fiscal year, ending September 23, at 95.7m, a 68% recovery vs pre-covid, and sees 141.57m in next fiscal year, which is at 99% of pre-covid level in 2019. Comment: Same story…..let’s see in 12 months AUCT upbeats FY23 outlook from strong traffic at auction […]
Read More →BAY target FY23 loan growth within 3-5% range after logged 3.1% last year, focus on ASEAN expansion to VN, Indonesia, Phil, offering ESG loan to Cambodia, Laos and TH, seen NIM in range of 3.3-3.5% vs 3.45% in FY22 while non-NII to be flat, FY23F NPL in range of 2.5-2.6% slightly higher than 2.32% last […]
Read More →AOT: Treasury department mulls scrap 50% land rent discount at 6 airports next year as Covid situation eased. Comment: Tourism figures are still -50% of pre wuflu, but the share price is already near the 2019 peak. Well ok…granted I do still think TH will back to those high travel figures within the next 6-12 […]
Read More →BPP upbeats 3Q earnings from additional capacity from Chu Ngoc solar & Nhon Hai solar projects in VN total 50mw, higher electricity & steam sales from 3 combined heat & power (CHP) in China, in process of due diligence on 2-3 pp M&A in the US combined capacity 2k mw, maintaining 5.3k mw target by […]
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