AWC sets >Bt100b 5-yr capex, focusing on domestic, with 3 new hotels to CODed and Jurassic World in Jul, interested in Govt’s entertainment complex for non-casino segment. Comment: Buying from the family? Or actual development? AWC b/s still feels stretched and even with the share price -50% since its IPO, it’s still expensive…
Read More →BGRIM mulls increasing proportion of direct PPA on power sales in portfolio, target data center & AI infrastructure. Comment: What happened to their renewable port and targets? DE PTTEP keeps FY O&G sales volume target at 510k boepd, EBITA margin btw 70-75%, sees 2Q sales momentum remain strong aft increased stake in Sinphuhorm project, larger […]
Read More →BANPU: planning more M&A power business in the US to take advantage of Trump’s fossil fuel-friendly policies & power-hungry data center, aims to expand at least 750mw of gas-fires power in the US over next 5 years from current 750mw from Temple I & Temple II operating in Texas. Comment: The news is amazing, first […]
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 →ADVANC’s 1Q25 NP due today, expected to report Bt9.82b bbrg consensus, +16.2% yoy, on stronger core segments, mobile and fixed broadband biz. Comment: No more free coffees and their margins are going higher. Choose which oligarch you want to pay for the right to use a phone, Gulf & friends or CP Group. BGRIM reaffirms […]
Read More →Hey Thailand is recovering!! It’s “only” down -14.7% this year….ffs…. We’re still in the midst of earnings season which finishes on the 15 May. What clever comment could I add today…None I’m stumped. But the LTF selling is gone, everyone’s switching to LTF LGBTQEFG funds. And now with selling pressure gone – is it time […]
Read More →It’s still in the silent period until 15 May. And then let’s see what happens next as for the first time this year Thailand will start working non-stop until the major holidays at year end. Buy(s) THB 26 mn Sell(s) THB 19 mn
Read More →ERW tones down 2Q earnings as OCC drops on quake impact, seasonal effect on low-season. Comment: Every hotel group had immediate cancellations. And that’s when you can decide which names to trade again. And I thought that ERW was “well-diversified” outside of Thailand. NER anticipates robust rubber volume this year as rain arrives sooner than […]
Read More →