GULF is taking a cautious stance this year, with no plans to acquire new energy assets or increase its stake in KBANK, citing the slowing economy. The company is also considering selling some assets to improve cash flow. Comment: Wait, GULF is having cash flow issues? Or did they receive a slap on the hand […]
Read More →ADVANC rpts Bt10.58b 1Q25 NP, +25% yoy, and beats Bt9.82b consensus, while Bt56.31b rev tops Bt54.86b estm, keeps Bt26-27b capex to expand networks. Comment: And you doubted the strength of duopolies and their ability to rip off the consumer for their own benefit. MALEE secured read-to-drink coffee OEM ord frm Nestle (TH), to realize rev […]
Read More →MTC reaffirms solid 4Q24 from improved assets quality, positive momentum from consumer credit & cash collection. Comment: No matter what the economy is (barring a total crash), MTC seems to always do well, all thai governments bail out their customer class. SCC reports loss Bt512m 4Q24, -55% yoy, vs loss Bt839m estimate, due to Long […]
Read More →MINT forms venture co with JPN partner, Royal Holding, to develop 21 lux hotels in JPN by 2035. Comment: Active again…what am I missing here? It does feel like its picking up. OSP is expected to report sluggish 4Q from shrink domestic energy drink market share and surged marketing exp & FX loss from operation […]
Read More →Delta Int’l Holding Ltd B.V., wholly owned by Taiwan’s Delta Electronics Inc., offers $425m in zero-coupon bonds exchangeable into shares of DELTA, zero coupon with a $100m, initial exchange premium is 35% to 45% over the reference share price, which is that of the concurrent delta placement. Comment: This is an interesting development…..old school target […]
Read More →BA reactivates codeshare agreement with British Airways for flights to Thailand & Cambodia, allows BA’s customers to book single ticket from LDN via BKK to 5 hotspots: Samui, Chiang Mai, Phuket, Phnom Penh, Siem Reap, LDN Gatwick to BKK will return on Oct 28, 3 times weekly to SIA and will increase to 5 weekly […]
Read More →KBANK offers Bt20b soft loan with 3.5% rate for 1st 2 year, as part of Government’s effort to assist SMEs via 16 banks in the program, led by GSB. Comment: That’s interesting…what will they define as SMEs. Let’s see how much actually gets distributed. MINT said Paris Olympic game has boosted its European hotel bookings […]
Read More →CPF’s top line drivers could improve with higher sales price of swine & poultry, and better expected volume of livestock brightening mid-term Outlook. International sales, 60% of revenue, remain key to expansion, BI. Comment: It’s going to be better than you expect…. BYD’s chairman said heard about report that EA’s selling TSB to raise fund […]
Read More →AU targets 10-15% CAGR over next 3 years, will add 10-20 branches & pop-up stores at tourist attraction locations, 1st branch in Cambodia on track to cod this year. Comment: One day they’ll figure out international expansion, one day… GFPT expects FY24 chicken sales volume jump yoy as US & EU clients revamp orders schedule […]
Read More →ASAP anticipates FY24 turnaround after scaling back rental fleets to 10k vehicles from 20k last year to mitigate impact from heavy depreciation on used car market, diversification to EV dealership business provide cushion. Comment: Shocking…-50% in the fleet? That’s going to hurt the rental market…rental rates are going to go high…(for tourists) CHAYO reported Bt400m […]
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