AOT: Thai Vietjet will resume cross-country direct flights from Phuket-Chiang Rai starting Oct 29 to capture rising number of leisure travelers in both cities. Comment: Not sure that’s a popular flight route, nonetheless a positive to see more flights in the air. CCET announced RO 4.6b shares, 1:0.7863 @ Bt1.5/share, XR Oct 10, subscription from […]
Read More →BCH: reaffirms Bt 13b FY revenue target, sees revenue growth from international patients 50% yoy from robust traffic, expects FY fly-in patients tops 120k. Comment: Every hospital group that had foreign patients prewuflu will show the same revenue growth from international patients. PCC: wins substation project from Metropolitan Electricity Authority (MEA) valued at Bt 85.04m. […]
Read More →AMATA: secured Bt150m financial assistance from EXIM Bank to develop 410 hectare Amata Smart & Eco City in Na Toey, Laos. Comment: Laos? For what? No one uses Laos as a real manufacturing base… BAY: Card unit, Krungsri Consumer, reported 1H23 card spending +13% yoy to Bt173b, new loans +6% yoy to Bt44b, keeps Bt350b […]
Read More →BCPG acquires 25% stake in Hamilton Holding to obtain indirect interest of 2 natural gas power plant (848mw & 857mw), transaction completed on Jul 12. CPN in collaboration with J.Front Retailing of Japan in joint R&D, connecting Thailand and Japan, unveils Bt135b capex 2023-27 in >200 projects. Comment: Continuing to cement their status as the […]
Read More →ATP30 sees solid growth in 2Q, on lower costs and returning fleet from scheduled maintenances, in talks with 3-4 new EV customers, expecting a fleet of 20-30 EVs. AURA upbeats 2H outlook from surged demand from gold trading, contribution from gold for cash business, expects jewelry sales momentum pick up 4Q on holiday season, keeps […]
Read More →ADVANC sets 4-6% EBITDA growth target, excluding 3BB, expects virtual banking license by 2Q23. Comment: They should exclude 3bb as they can’t pay on time.. BCH reaffirms Bt13b full year revenue target driven by higher IPD & OPD traffic yoy, larger contribution from international patients via 3 hospitals in Chiangrai province due to PM 2.5 […]
Read More →BTS & BEM are expected to benefit from surging ridership on Blackpink concert this weekend Jan 7-8. Comment: News is reallllllllllllllllly lacking this first week back. CENTEL sees advance booking from Chinese travel agents accelerates ahead of China border reopens. Comment: Would be good to know what % this is of total bookings. EKH sees […]
Read More →CPF: announced buyback, up to 200m shares (2.32% of paid-up) under Bt5b budget from Dec 19 till Jun 18,23. Comment: I suppose that this makes sense, given that no one else wants to buy their shares…. DTCENT: GPS tracking product, software & service solutions, DTC Enterprise, debut IPO 305m shares at Bt2.86 apiece, Capital One […]
Read More →Notable transactions Buy(s) THB 235 mn SEAFCO – Family members of SEAFCO’s founder buying shares from?? Total volume is close to 5% of outstanding shares. JMART – Founder keeps buying, wonder what he has in store for next year… LALIN – Family member buys BANPU – Rather large purchase of the warrant. Sell(s) THB 167 […]
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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