JMT: parent co., JMART, says no plan to exit debt collection business, maintain top holder of the company (53.84%). Comment: Why is it when a market declines that short sellers get the blame etc etc. The ability of the market participants to create fairytales is always remarkable…love markets. I hope this never stops, it creates […]
Read More →BEM reported August MRT ridership +5.3% mom (Blue line +9.94%, Purple line +6.8%), 1H-Sept avg daily traffic within 480k-500k while tollway traffic 1.2m-1.4m trips/d. Comment: Perhaps a late mover for the reopening? COCOCO sees rising orders from China will help it achieve 30% revenue growth target this year, new machine installed and ready for test […]
Read More →AH’s firm on record high revenue target this year, from Bt28.3b yoy, on higher orders, contributions from JV, and newly acquired 60% stake in Avee, a Malaysian auto part maker affiliated of Proton Group. Comment: Despite the odd venture into India, this company has performed incredibly well relative to its peers in Thailand over the […]
Read More →AMATA to build its 2nd TH-Chinese IE in Rayong, valued at Bt2b, to serve mainland investors and support EV and battery manufacturing pjs. Comment: Sigh….I just hate that this is the direction the country is taking. But hats off to Amata, they’ve been able to capture the Japanese and now the Chinese manufacturing co’s expanding […]
Read More →BBL raises prime lending rates by 15-20bps, savings by 5-25bps from today, its minimum lending rate now at 6.45% and savings will be 0.5%, becomes the 1st to hike after BOT’s on Wednesday. Comment: Just look at that spread, remember the news article where the bankers said they wouldn’t increase rates. BEM mulls revising up […]
Read More →BAREIT: BA Airport Leasehold REIT, debut IPO 1.03b units at Bt 10 apiece, KBANK leads & KASSET trustee. BCP ramps up Oil & Gas EP investment in Norway via flagship venture OKEA drilling co (45.7% holding) as 1H22 OKEA revenue +148% yoy to Bt 10.2b boosted by geopolitical conflict, rising price and increasing global demand. […]
Read More →ACE, TPCH, UAC to bid for community PP phase 2 with 400MW later this year. Comment: Who wants to take the over/under that the police related ACE are going to win the majority of this? CRC to invest Bt100b over next 5-year to grow revenue by 2.5X, EBITDA by 3.5X, and market cap by 2.5X. […]
Read More →BCP paid Bt1.6b for 20 years right on 99kms oil transporting pipeline between BKK-Bangpa-in from BAFS’s unit. CSS reaffirms big jump this year from contribution of 25% holding in 99.216mw Phu Khanh Solar Power Joint stock co., (PKS) in VN, 38% holding in Namsor hydro power plants in Laos, aims to increase renewable portfolio to […]
Read More →BGC anticipates solid turnaround from bottling unit on recovery consumptions post reopening November 1, tailwind from holiday season, mulls diversify to total packaging solutions to balance revenue mixed. EKH may report 670% jump in 3Q21 profit, boosted by windfall from field hospital and vaccination services for both private and public sectors, while reopening from November […]
Read More →ADVANC agreed to pay Bt448m to settle Bt50b dispute with NT, paying ways for future collaboration. Comment: All of these lawsuits will be settled due to the new owners. APCO launches antiviral supplement, MyLife100, out on sales October 1. Comment: And these snakeoil salesmen have another bunch of rubbish supplements for you to try. BAY’s […]
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