EPG expects heat insulation sales pick up from surged demand from industrial sector and commercial vehicle from the US on the back of Trump’s America First policy, eyes 8-10% FY25 revenue growth target, margins 30-33%. Comment: Who cares about EPG…..perhaps on the next company visit they’ll talk about even more patents that have been filed. […]
Read More →In an exclusive interview, TQM Alpha’s leadership outlines the company’s transformation, investment strategy, and vision for the future as it expands its reach and diversifies its portfolio in the Thai insurance market. Founded over 71 years ago, TQM Alpha has grown from a small family-run business in Bangkok’s Chinatown to Thailand’s leading insurance broker. The […]
Read More →ATP30 anticipates wider margin yoy after replaced shuttle fleets to EV, mulls adding 35 units this year from current 13 e-bus, firms on 10% FY24 revenue growth target. INSET’s in the midst of submitting 2-3 bids for data center construction, hoping to secure continuous projects from large clients over 5-10 years, eyes infra and telco […]
Read More →Delta Int’l Holding Ltd B.V., wholly owned by Taiwan’s Delta Electronics Inc., offers $425m in zero-coupon bonds exchangeable into shares of DELTA, zero coupon with a $100m, initial exchange premium is 35% to 45% over the reference share price, which is that of the concurrent delta placement. Comment: This is an interesting development…..old school target […]
Read More →BJC: is expected to report turnaround 4Q from +2% SSSG yoy, higher fresh food sales revenue from price hike & improved inventory management, higher rental revenue yoy after cod-ed of 5-7th floor of BIGC Ratchadamri branch, aims to list retail unit, BIGC, on SET in 2H25. Comment: Note that this isn’t volume growth. TISCO: FY […]
Read More →Zero buyers, look at the beautiful red of practically every sector ex telcos and tech. Aeon’s numbers scared me (again): “AEONTS reported 3Q24 (end of Nov 24) at Bt788.57m, +11.7% yoy, beats Bt687m consensus, thanks to Bt94m gain on disposal of AEON Microfinance (Myanmar) in Nov 2024, operation wise PPOP came in at Bt2.6b, -4.9% […]
Read More →Notable Transactions Buy(s) THB 198 mn Sell(s) THB 21 mn
Read More →CPN and CRC’s Central Dept Store are investing Bt500m in CNY campaign under “The Great Chinese New Year” from Jan 7 – Feb 6. CPN anticipates 1Q traffic thru malls +20% yoy supported by Easy E-Receipt shopping tax rebate stimulus. Comment: It’ll be interesting to see the 4Q24 #’s of CPN and CRC… DELTA sets […]
Read More →AEONTS reported 3Q24 (end of Nov 24) at Bt788.57m, +11.7% yoy, beats Bt687m consensus, thanks to Bt94m gain on disposal of AEON Microfinance (Myanmar) in Nov 2024, operation wise PPOP came in at Bt2.6b, -4.9% yoy, -12.6% qoq, loan port -4.4% yoy & -1.8% qoq, NPLs -0.3% qoq to Bt5.3b but NPL ratio increased due […]
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