BAM scraps plan to establish distressed assets management jv with finance institution this year as banks delay write-off, Dailynews. Comment: There’s only one financial institution this quasi-SOE could JV with and that’s KTB, another quasi-SOE. CBG anticipates turnaround from 4Q onward after hurt by shrinking margin from high aluminum price, mulls adding more energy drinks […]

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ADVANC joins partnership with KTB to offer Point Pay campaign via KTB’s Pao Tung app, allowing subscribers to pay for >400k shops registered with KTB, aims to boost net add from incentive package. Comment: There’s a lot of positives with the Pao Tung app, they’re going to take the market away from Grab, Rabbit, Shoppe, […]

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BAM launches NPAs sales campaign Mar 1-31, 1,000 property up on showcase event, offering free transfer, interest free first 12 month, Bt20k discount via online purchase via Shopee-Lazada, cash back program. BANPU expects to report 10 year high profit this year from strong coal selling price, Bt5b gains on disposal of 47.5% holding in Sunseap […]

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ACE sees growth momentum this year on new PP both domestic and abroad, Community PP phase 2, 400MW waste PP. CHAYO sets Bt3b budget to scoop up bad debt, target Bt10b-Bt12b distressed debt under mgt by end of year. Comment: Yum yum period for these guys. COM7 upbeats 1Q earnings from strong mobile/IT products sales […]

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ADB ups production capacity of med-grade plastic compounds by 50% to fill demand from healthcare and capture wider margins. AGE target FY22 coal sales volume >6.5m tons, revenue >Bt15b, 3 new business including industrial boiler installation, cargo warehouse & logistic expected to materialize this year, mulls tap in power business. Comment: Coal isn’t finished. CPANEL […]

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AP will launch 1,237 units high-rise projects under jv Mitsubishi Estate, LIFE Rama4-Asoke, worth Bt6.7b, pre-sales kick off October 16. CPF announced buyback up to 400m shares or 4.65% of paid-up under Bt10b budget from October 15 till April 14,22, estimated FY22F EPS +3-5% if program successfully executed.CPF’s HK whole-owned unit, CPFI, proposed to take […]

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AJ reaffirms 10% FY21 BOPET sales volume target driven by strong packaging demand & larger footprint in SEA from colab with SCG Chemicals, sees wider margins 2H following px hike in 2Q, allot Bt 1.4b capex to boost capacity in SEA. AOT amended terms of use for operation of 6 airports with Department of Airports […]

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ADVANC maintained current approach to expand 5G network to increase market share to offset lower purchasing power from Covid, target 5G subscribers >2m by end of year from current 1m, stock trades XD on Monday (Aug 16), Bt3.5. Comment: Assuming that True takes DTAC, the telco industry is going to rock and roll. BPP acquires […]

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AKR will bid for govt infra procurement projects total Bt3b in 2H, aims to secure at least 10% of total bidding, sees demand for transformer remained strong from powerplants expansion, Bt300m backlog to realize this year. BBL’s accelerating NPA sales to tackle NPLs in 2H. Comment: BBL’s senior management doesn’t bother to get onto Zoom […]

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AH anticipates positive momentum carry thru 2H from strong parts order from domestic & oversea clients, higher utilization rate yoy, target margins within 10-12%, aims to catch ride on EV boom via MG car dealership business. Comment: Look at the leasing companies in EU and the US. They retired their fleets last year due to […]

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