ADVANC: AIS provide more convenient for the public by expanding 5G, 4G and free WiFi signals, battery charging points and drinking water nearby the Grand Palace. , Sanam Luang and Ratchadamnoen Ave. (Hoonsmart) ITTHI: The management is accelerating its work on three key projects: EV charger installation, EV transformation, and lighting. The EV charger installation […]
Read More →APCO in talks Nigeria prtnr to expand health supplement biz in Africa, expects to secure OEM ords to supply 12 items at first phase, ink deal in Jun. AOT: Austrian Airlines will increase flights frm Vienna to BKK, operating double daily services for an upcoming winter flight scheduled frm Oct till Apr 2026. AWC & […]
Read More →TIDLOR to debut today, after transforming into a holding co via share swap at 1:1 ratio, while NTL is delisted effective today. Comment: Some clever people were telling me yesterday that the last 2 companies to switch to holdco’s were SCB and STEC and both their share prices, as did TIDLOR’s, declined stupidly into the […]
Read More →ADVANC’s 1Q25 NP due today, expected to report Bt9.82b bbrg consensus, +16.2% yoy, on stronger core segments, mobile and fixed broadband biz. Comment: No more free coffees and their margins are going higher. Choose which oligarch you want to pay for the right to use a phone, Gulf & friends or CP Group. BGRIM reaffirms […]
Read More →BA mulls adding >20 new planes, including A220 and B737 MAX7, taking total to >30 by 2029, preparing for rises in Samui traffic from 50 to 73 flights, with Bt1,500m capex to upgrade Samui airport. Comment: Are they getting these deathtraps for free? BJC-TIDLOR-ITC are among top candidate to be added in SET50 for 2H24 […]
Read More →BGRIM: acquires 40% stake in 33.7mw UAE solar rooftop operator for $ 3.39m, 4.1mw cod-ed & 29.6mw target COD during FY24/25. Comment: Why? I understand it’s sunny over there but when the gov makes it rain then the roads are flooded… JR: awards EPC contract from TTCL valued at Bt120m. SPREME: IT Solutions provider, Supreme […]
Read More →ASAP anticipates FY24 turnaround after scaling back rental fleets to 10k vehicles from 20k last year to mitigate impact from heavy depreciation on used car market, diversification to EV dealership business provide cushion. Comment: Shocking…-50% in the fleet? That’s going to hurt the rental market…rental rates are going to go high…(for tourists) CHAYO reported Bt400m […]
Read More →AAV eyes 20m FY24 passenger target, supported by improved traffic to China on the back of visa wavier scheme (93 flights/week vs 83 in 4Q23), larger fleet size yoy (60 aircrafts vs 56 in FY23), new route from Taipei-Okinawa, Taipei-Osaka, Kaohsiung-Narita start from 2Q. ADVANC and TRUE are awaiting NBTC’s draft auction planned for 3 […]
Read More →BPP in talks to buy gas-fired power plant in the US by end of 1H, mulls 25-30% stake of the project, sets $ 500m capex between FY24/25 for M&A and energy project, target 5,300mw by end of FY25 (4,500mw fossil & 800mw renewable) from current 3,632mw & 385mw. GUNKUL upbeats earnings visibility from Bt4.8b backlog […]
Read More →On the road for 4 of 5 weeks – great time for random thoughts and notes… Commodity cycle for dummies Owned the commodity names from 2020-2023, then own the capex beneficiaries of the commodity names from 2024-2027, then own the names that benefit from the decline of commodity prices as supply hits the globe, 2028-2035, […]
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