ATP30 sees continued growth momentum in 1Q24, after realizing revenue from 5 new clients with >30 vehicles, 3 E-Bus ready for services, and in talks with several potential clients. M sees 2M24 SSSG negative yoy, margin recover from lower fresh foods costs & costs control, rolls out campaign to boost dine-in upcoming Songkran festive, seeks […]
Read More →AAV upbeats FY24 earnings as TH-China flights jumped 3 fold following visa wavier became effective, upside from BKK (DMK) – Beijing route, mulls adding 3k seats domestic & international flights to capture travel demand during Songkran festive in Apr, aims to keeps LCC market share within 35-40% range, lower exp on interest & aircraft upgrade […]
Read More →Bloomberg reports foreign net selling of TH equity at $555.6m yesterday was the most since Dec. 19, 2006. It’s worth noting that was because of the restructuring of AWC which resulted in large crossings worth $500m each on Mar 19 & 20, while UBO remains unchanged. Comment: Well…….the family has to delever…adjust the books, etc […]
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 →BTS: cabinet approved fare for monorail yellow line (Ladprao-Samrong) from Bt15 up to Bt45/trip, cod from Jul 3. MINT to acquire 100% stake in Singco Trading Pte, the intellectual property holder of Sizzler, except in US, Guatemala, and Puerto Rico, for Bt546m, including 64 restaurants in TH and 10 in JP, eyes expansion into China, […]
Read More →BRI in talk jv landlord to develop SDH project, aims to boost ROE & ROA from cost saving on landbank, maintain full year launch plan 20 projects total Bt22.5b. Comment: Wow…that’s 2x market cap, they’re still somehow able to continue expanding…I’m not sure how many non-related land owners are willing to partner with a developer […]
Read More →APCO mulls expanding anti-aging supplements product portfolio to capture growing aging society, eyes 30-50% FY revenue growth target. Comment: How is this MLM company still going? DUSIT’s official cod of hi-end project, Dusit Suites Athens, features 36 suites nearby Glyfada beach, first branded property in Europe. Comment: Russians and Ukrainians are going to buy this […]
Read More →BA upbeats 1Q earnings from strong passenger traffic, mulls purging obsolete aircrafts to 26-28 from 35 eo-FY22 to improve efficiency, target FY cabin factor >73-74%, 4.4m FY passenger target. Comment: Price over volume… National Anti-Corruption Commission has filed charges against Keeree Kanjanapas, major shareholders of BTS Group, and Sukhumpan Boripat, former BKK governor, on graft […]
Read More →ADVANC said testing of 5G CA (carrier aggression) tech on its full bandwidth of 100MHz in the band of 2600MHz and 1200MHz of the 26 GHz band has achieved 5G download speeds of 22.01 gigabits per sec (Gbps) and max upload speeds of 4.4 Gbps, representing a global first. BRI revealed FY23 launch plan total […]
Read More →CPN: plans Bt 14b investment in 2 mixed-use projects in Nakhon Sawan & Nakhon Pathom provinces, target cod both within 1H24. Comment: And they’re going to conquer it all. PTTEP: reaffirms solid 4Q from higher Oil & Gas sales volume from Arthit, Erawan & Bongkot fields, tailwind from Algeria Hassi Bir Rekaiz projects, seeks to […]
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