DOD to import 10 hemp species from the US by end of June or early Jule, 4-5 months from planting to harvesting, and into products by 4Q21. Comment: I do find it ridiculous that Thailand doesn’t ensure an organic internal system, but that’s because of the usual structure of the country with interests controlling parts […]
Read More →CENTEL sets Bt10,400m 3-year capex for hotel, food and other investment, to open Phuket hotel for travel bubble program there from July 1. Comment: They’re going to capture the market share. CRC cuts FY21 revenue growth target to 10-11% from 10-12%, scale back CAPEX by 10-15% from Bt16-18b, delay 3 malls launch including Robinson Lifestyle […]
Read More →ACE and UAC are to submit bids for 10 and 6 community PP permits today. Comment: ACE > UAC (police connections help) AH sees capacity utilization above 80% 1Q21, expects positive parts sales momentum carry thru 2H from improving auto market, eyes 10-15% revenue growth target. Comment: Then they are maxed out. BGRIM is in […]
Read More →BPP buys 33.5% stake in 543mw Nakoso Integrated Gasification Combined Cycle (IGCC) powerplants for US$80m, deal to complete by end of April. CPF opens 2 new Chester grill restaurants, Lak-si and Bang-na, and launches chicken New Orleans new menu, on track to open 10 this year. OR extend land lease contract at Khlongtoey pier central […]
Read More →ASIAN sets 8-10% revenue growth target to Bt9.5b, sees strong 1Q on rising exports in frozen pet food, sets Bt500-1,000m to expand production lines and M&A. BGRIM to import 250K ton of LNG in 2H21, supplying 5 SPP Replacement, expecting 10-15% electricity utilization growth this year, target >76MW new capacity this year. CIMBT were pushed […]
Read More →NER sets Bt22b revenue target, >30% growth yoy, mulls revising sales target up in 2Q21 on rising demand.RT sets 20% revenue growth target to Bt3b, supported btBt3.5b backlog, eyes bidding for Denchai-Chiangrai-Chiangkhong dual track rail projects in May.result out July 15, PPA signs July 22. PSTC buys LPG & LNG transport co., BGT Logistic, to […]
Read More →AS sets 15-20% revenue growth target this year, targets 12 new games on mobile and PC this year, ready to expand oversea, sets Bt150-200m capex for IT system and buying new gaming rights. Comment: I still think their earnings peaked in 2020. BCH’s associated co has received a permit to import vaccine, targeting mid-year for […]
Read More →NOBLE targets launch plan for 11 projects total Bt45b, target topline >Bt11b Comment: And yet we hear they are having to selling off buildings/units to the distressed funds. Then again who cares? They’ll get the capital back, retire the debt and reinvest into a new project in a “better location” PRM anticipates strong OCC on […]
Read More →EGCO’s confident of growth this year, supported by 500-600MW rise in capacity, including 272 MW from Linden Cogen in the US, which will contribute from 2Q21. CHG reaffirms solid 4Q20 from strong OPF & IPD patients traffic, Respiratory Syncytial Virus (RSV) outbreak in infants and young children and tailwind from SSO patients. FSMART plans to […]
Read More →AAV said the latest outbreak the worst crisis for aviation in Thailand as airlines face more pressure than during the lockdown last year. Comment: Nothing was worse than the March-May period where everything was shut down. But the government is trying their best to make things just as difficult at the moment. EPG upbeats 1Q […]
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