BBIK to enter VN next year to offer corporate digital business solutions, and expand in Indonesia and England, sets >70% revenue growth target this year. Comment: They’re going to have repeat this performance for the next decade or so to defend the current valuation. BCPG sets Bt30b capex next year, mostly for oversea M&A, target […]

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AH keeps 30% FY22 revenue growth target, maintains GPM within 10-12% range, strong auto parts orders for new launch models, new clients in Africa & Argentina, improved operation in Vietnam & Malaysia plant and auto dealership business to boost earnings, study new products to shift from chassis production to EV parts. Comment: Should that forecast […]

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BCH sees solid yoy growth in 2Q22, on easing covid situations, boosting non-covid related traffics and oversea patients, firms on Bt17b revenue target this year, +104% vs 2020 and 1mil social security patient contract. Comment: Hmmmmm BGRIM anticipates 2Q turnaround from repriced Ft, improved feedstocks mgt, eyes M&A renewable power to diversify portfolio. CRC sees […]

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Notable Transactions Buy(s) THB 103 mn THANI – Recap done, so will this rise as it did after past recaps? The Chairman seems to think so. SUPER – The CEO is back to buying. Sell(s) THB 280 mn TSR – The family selling their stake to SABUY.

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CV acquires 60% stake in VN wood pellet manufacturer, DKC Energy Joint Stock Co., to strengthen energy source for renewable portfolio. Comment: How does a wood pellet manufacturer add to a renewable portfolio:? PSL signed agreement with KR client, Pan Ocean, to lease ultra max vessel for 9-11mths at US$35.5k/day. Comment: The smaller drybulk players […]

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BGC anticipates bottle sales turnaround aft BMA extend alcohol serving to 11pm, allots Bt2b capex for M&A, maintaining 5-10% sales growth target. Comment: That not much of a turnaround…. BGRIM sees narrow margins 1Q from high gas price, SPP replacement 5 units on track to cod in 2H, expects feedstock cost drops by 5-10% after […]

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AMATA reaffirms 650 rai land sales target this year, sets 10-20% land sales growth target for next year, while existing Bt2,771m backlog to be gradually realized thru 2022. Comment: Do you remember the days of 2-3k rai land sales for AMATA? Long gone. BEM sees Nov toll way traffic topped 1m trips/d, avg MRT riderships […]

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ADD: local fund, BBLAM, raised holding by 1.7053% to 6.5928% on October 29. BANPU divests 47.5% holding in Spain renewable firm, Sunseap, for US$364m vs initial investment at US$173.7b, announced acquisition in 768mw combined cycle gas-fired power plants in Texas, Temple 1, for US$ 430M. Comment: Cap gain to be recognised, combined with coal prices […]

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BJC upbeats outlook from CLMV expansion, sees strong traffic at Mini BigC Depo Market in Phnom Penh, Cambodia. Comment: They have decent exposure in Hcmc, Vietnam via Metro, nothing under the BigC name as Central Group won that bid for VN. CV signed Bt528m Bio Fusion projects with Premium Energy Corp. FPT teams up Spore-based […]

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HMPRO will accelerate the rollout of new private-label items, add promotion and expand e-commerce channel to boost sales. Comment: And their GPM will continue to expand. JWD to take 20% stake in ESCO and sign a partner deal with PSA, the largest port operator in the world, and become a prominent operator at Laem Chabang […]

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