Thai AirAsia (TAA) predicts full recovery for Thai tourism in the next 2 years as international borders will gradually be opened by next year, while passenger traffic has yet to resume despite the country’s reopening on November 1. Comment: Depends upon the definition of a full recovery. But w/o a doubt I still think tourism […]
Read More →ACG to open 3 new FAST FIT in BKK from late November, to complete total of 6 by end of year, plans promo in 4Q to boost sales, which should be better yoy overall. Comment: Not to be confused with a gym name, Fast Fit is their version of B-Quik/ACT ASIAN to list its subsidiary, […]
Read More →CGD: major holder, Tommy Taechaubol, cuts holding by 0.8952% to 4.7957% of total outstanding on Monday CPW in talk to buy mobile retailer, IBIZ Plus, expects to spend less than Bt1b on deal, plans to wrap up within Oct, firms on 20% revenue growth target. DREIT reports net loss Bt56m vs Bt26m np 2Q20, pays […]
Read More →ADVANC upbeats 2H earnings from higher BB subscribers & eased px war, will launch budget 5G handset <Bt10k to expand segment coverage, accelerated data package upgrade to 5G. Comment: Imagine the second order effects from this. Allianz sees growth from insurance business in Asia post C19 as risk awareness grows. Comment: The listed play here […]
Read More →ANAN reports Bt3,979m 1Q21 pre-sales, 17% higher than target, thanked to 100% sold-out of one condo projects, sees solid demand for condo along mass transit lines. Comment: Sold out one project @ cost? BEAUTY develops new business model, by securing distribution channel via retail outlets in provincial areas, sets to appoint 8 large distributors, covering […]
Read More →ASIAN sees solid 4Q20 on exports, boosting FY20 to record high, exceeding Bt8.4b target. Comment: The amazing performance of their seafood & petfood businesses has stumped me. FN reports 100k download of FN online shopping app following debut on February 2, expects FY21 turnaround from larger network via Shopee, Lazada, FB, Line and mobile app, […]
Read More →AGE eyes 5.5m tons FY21 coal sales volume target from recovery demand in SEA, seeks to branch out from coal sales & transport to logistics & renewable energy to diversify risk, target full year revenue >Bt11b. Comment: Realise that they benefit from the rising coal price environment seen since the end of 3Q20 (coal prices […]
Read More →CBG eyes no.1 domestic energy drink market share by FY22, targeting 20% revenue growth next year from CLMV sales, will finalize plan to list supermarket stores, CJ Express Group, within FY22. Comment: CJ dominates eastern Thailand, didn’t know that eh? Yup a drive around there and you won’t see 7-11’s, tesco’s, bigc’s as much as […]
Read More →AP reports Bt1b presales from newly launched 6 SDH projects on 1st 2 days, 8M20 SDH sales topped Bt18.4b account for 82% of horizontal sales target, maintaining launch plans 16 SDH projects total Bt17.5b for remaining 4 months, Bt12b out of Bt49.33b outstanding backlog to realize this year. AWC seeks M&A existing hotels to scoop […]
Read More →ADVANC sees marginal impact from tower dispute settlement with State-owned, CAT Telecom, after transfer 155 telco towers ownership to CAT & and rent back from CAT for 5 years from Jul 1,20, CAT will use space & maintenance service from ADVANC over the same period, estimate net impact Bt186m where Bt90m has already booked in […]
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