ADVANC in 70:30 JV with SPI to set up Saha Advance Network (SAN) with Bt30m registered cap, offering fiber optic and ICT infra within SPI’s industrial estate and EEC area. AMA target to lift biodiesel transport revenue to 15% of total revenue from 11% last year, sees solid turnaround 2H from higher traffic from improving […]
Read More →AAV to resume all 25 domestic routes by July, sold 41K seats in a single day on June 23 Comment: And today they’ve launched a pay one-time 2,999 for 6 months special deal. BAM mulls selling Bt25b CD, funding NPAs acquisition in 2H, sees lucrative opportunities in tourism segment. Comment: Would be amusing to see […]
Read More →BBL expects 2Q NIM flat qoq from 2.5% in 1Q as cost of funding also drops from repricing deposits, sees no impact from debt moratorium as consumer lending account for marginal in portfolio. BTS sees full year ridership drops 10% yoy; but no impact to revenue thanks to cod of greenline extension stations, compensation from […]
Read More →FTSE rebalance today may see as much as Bt3.6b outflows, after FTSE All World cuts SET weighting to 2.98% from 3.05%, while FTSE SET index sees additions in CRC, DIF, ACE, BAM, RBF. ADVANC signed JV Saha Pathana Group to develop fiber infra to expand corporate BB, data center, 5G solutions and cloud services for […]
Read More →IVL to buy 9,000 ton p.a. PET recycling plant in Brazil. Comment: Cookie munster returns! MCOT mulls lawsuit against NBTC if it fails to reach a resolution on the amount of compensation it would give for the 2600MHz spectrum recall. Comment: One government group suing another one. Amusing. OTO anticipates meaningful turnaround this year from […]
Read More →CPALL hiring 20k motorbike drivers to accommodate surge demand for 7-11 Delivery services, following soft lockdown. Comment: Amusing isn’t it that 7-11, tesco’s and BIGC’s are allowed to operate completely whereas everyone else has to shut down? FSMART inked deal partner to be Covid-19 insurance agent via its top-up machines, target 500k policies sales this […]
Read More →AOT to announce winner for Bt13b SIA’s 3rd runway projects and satellite terminal on March 9. AWC target 15% CAGR over next 5 years, sets 5 year capex at Bt30b to expand hospitality and commercial projects. BANPU sees profitable this year from -Bt553m loss in 2019, expecting turnaround in coal, utility and gas business. Comment: […]
Read More →AP maintained launch plan 37 residential projects worth Bt47.1b, eyes Bt40.5b revenue target, Bt51.9b backlog to realize till FY23. Comment: Well they are perhaps the most aggressive developer out there at the moment BCP’s confident of rebound in GRM in 2H, boosting this year EBITDA growth of 20%, plans 60 new retail stations from current […]
Read More →AAV expects to lose 300,000 Chinese passengers during 1Q20, as flights to China make up 30% of its total rev, to ramp up India and Japan routes. Comment: Well given the Thai government’s response to the virus I doubt that the international travelers from India and Japan are going to make up for the short […]
Read More →AP: K-ASSET raised holding by 0.1212% to 5.1039% of total o/s, SEC filing. Comment: I find it interesting that now the news is reporting what the institutions are doing, are we going to see a situation in Thailand similar to the US that institutions become major shareholders as family’s reduce their holdings. Plus these announcements […]
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