Commerce Min’s Intellectual Property Dept, in partnership with CPALL, yesterday kicked off a scheme to sell geographical indication (GI) products online. Comment: Shall we just call this the CP Government? CK to sign Rama 3 (4th contract) worth Bt6.6b on Dec 3, while winners of 1st and 3rd contracts to be known by December. IRPC […]
Read More →EA upbeats 3Q earnings from windfarm high season and full quarter contribution on 80mw Hanuman 10 projects coded April 13, firms on 30% revenue growth target >Bt20b. Comment: The dream is still the EV battery for EA. Where’s the evidence that this is working? HMPRO opened its 84th branch, HomePro Max Mukdaharn, aims to capture […]
Read More →ANAN: kick-off promo event, Urban Expo, Aug 23-25, aims to purge inventories from 32 ready-to-move in project. Comment: Expect to see a drop in their GPM’s BBL: mulls to revise measures to curb credit card NPLs, sees soured loans from those who has no pay slip climbed (self-employed, online vendor & SMEs). SIRI: cut FY19 […]
Read More →ANAN to adjust sales strategy by focusing more on existing stocks and expansion in China, sees Bt300-400m recurring income from serviced apartment, reaching Bt1.8b in 2021. Comment: Questions are still around regarding the condo transfer market, hence why this name is still at 5x PE JUBILE sees strong 2H19 on seasonal and new products to […]
Read More →ADVANC’s board to decide on May 9 whether to take up Government’s offer to defer payments of 900MHz license fee, sets 1m AIS Fibre customers and becoming top 3 by 2021. Comment: Of course the telco’s are going to take it, its free savings. Absolutely ridiculous move by the government. AP to launch Bt8.8b JV […]
Read More →BCPG sets Bt8.6b investment budget to sustain growth ambitions. Comment: It looks like their acquisition spree has been slowing down. TKN sets 10-15% revenue growth target this year, to expand branches here and overseas and change distributors, and seek new partners in US and China. Comment: This has been an interesting stock (not company) to […]
Read More →AAV AAV, the country’s largest low-cost airline, ranked eighth of all no-frills carriers in the world with 81% of flights departing or arriving on time, according to the Punctuality League Rankings assessed by AOG Aviation Worldwide. Thai AirAsia’s ranking jumped from 19th last year. (Bangkok Post, 7/1/19) ASAP ASAP is dealing with commercial banks to […]
Read More →BEM BEM notified arbitrator that the Expressway Authority of Thailand (EXAT) already paid the premium difference between the Chalerm Mahanakorn and the Si Rat Expressway toll plus interest. There are many cases that BEM expects to win. (Thun Hoon, 1/11/18) Comment: Well EXAT did just make a bucketload from TFIFF… so was that used to […]
Read More →BAY BAY doubles capacity for mobile banking transactions. Bank of Ayudhya (BAY), the country’s fifthlargest commercial bank by assets, has doubled its mobile banking transaction capacity to keep pace with booming online volume and to comply with Thai Bankers’ Association (TBA) measures to prevent a future system crash. (Bangkok Post, 29/10/18) COM7 COM7 expects 4Q18 […]
Read More →ANAN ANAN plans to launch three property projects worth Bt6.8bn in 4Q18 and boost its presales to reach its target of Bt35bn this year. It believes demand for condominiums adjacent BTS and MRT lines is still growing. (Kao Hoon, 11/10/18) Comment: For property the story is quite simple…a good location at a decent price typically […]
Read More →