ATP30 anticipates positive earnings momentum thru 4Q from recognition of 4 new corporate employee shuttle contracts, adding 10 e-bus to save fuel cost, firms on 10% revenue growth target. Comment: A great step up business. SCC forms venture with Japan chem partner, Denka to estimate acetylene black production plant used for battery terminal production to […]
Read More →Notable Transactions Buy(s) THB 74 mn Sell(s) THB 29 mn
Read More →AOT: Cambodia LCC, Sky Angkor, resumed twice-daily flights to BKK (DMK) from Aug 25. ASIAN’s exploring exporting seafood products to China after it imposed ban on Japan products, sees 3Q turnaround from higher sales to US & EU, wider margin from higher utilization rate, expects pet food pick up in 4Q. Comment: Well the Chinese […]
Read More →The BMA said ANAN may not have to tear down its Bt6.5b Ashton Asoke condo, after Supreme Admin Court has revoked its construction permit, if it can secure extra piece of land to widen the entrances and re-apply for a permit. Comment: Voila, mentioned yesterday (https://www.thaicapitalist.com/random-thoughts-shingles-kill-the-bastard-vietnam-anan-thai-politics/) AWC acquires Plaza Athenee NY for Bt7,789m, with rights […]
Read More →AOT sees 20% rise in passenger during a 6-day holidays (only for civil servants). Rabbit Cash, a venture co of BTS/AEONTS/HUMAN, debut digital wellfare lending, instant credit approval within 3 mins via AI credit screening, installment period from 6-36 months, 1.25% interest/month (effective rate). Comment: Ok anyone else fed up with this “AI” bullshit? It’s […]
Read More →AKR upbeats outlook from healthy demand for transformer on power project expansion, tailwind from EPC solar project, seeks to expand via Private PPA to boost growth, firms on 15% full year revenue growth target. AMATA sees no impact from power shortage in Vietnam, with sufficient power gen capacity in 3 of its Vietnam’s IE, sees […]
Read More →DELTA reported Bt3,614m 1Q net profit, +30% yoy, missed Bt3,849m consensus.DELTA par changed to Bt0.10 from Bt1, board lot changed to 100 from 50, tomorrow. Comment: The miss vs the stock split. Fun times coming for these shares. PTTEP to report 1Q today, Bt19.33b consensus. Comment: Finally printing $ and they’ll continue to for the […]
Read More →AWC sets double digit revenue growth target this year, to spend Bt1b on renovating and adding lifestyle spaces to the Empire, its largest office tower, under the theme “Co-Living Collective : Empower Future”. Comment: And they’re just going to keep eating up the market and buying the assets from the family at “fair value” BDMS […]
Read More →ITEL: wins e-budget mgt system projects from Bureau of Budget total Bt 636.5m. Comment: And they keep winning every project that was spoken about 4-5 years ago. SCC: acquires 60% stake in waste management, Recycling Holding Volendam, for Bt 2.1b to enhance green polymer value chain. Comment: Doesn’t move the needle, but waste management has […]
Read More →AOT: sees no impact if Treasury department decides to scrap 50% land rent discount at 6 airports from next year as remedy package for duty free shop, tenants & airlines also coming to an end at eo-FY23, higher international arrivals, recovery aero & non-aero revenue > rescue package. MAKRO: launched mini mart platform, BuddyMart, aims […]
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