BEM sees record high profit this year to Bt3.9b, boosted by Government’s Bt20 flat fare for electric trains in BKK effective from Oct 1 this year, covering 8 lines and 13 routes and 276.84kms in total, seeing 20% jump in ridership. Comment: Well yes and no, it’s a function of a new line up and […]
Read More →AMATA’s assessing the impact of 36% US tariff, but was in line with its expectation, still keeps 3,500 rai land sale target this year, while WHA said no impact to its main customers, EV and data center, but assessing impact on electrical appliance clients, firms on 1,750 rai land sale target. Comment: Let’s see how […]
Read More →NBTC board postponed endorsement of June 29 mobile spectrum auction, won by TRUE and ADVANC, to make sure there was no collusion, rescheduled meeting to Jul 6, the deadline for it to approve the bidding outcome. Comment: Perhaps for the first time I agree with this news that this is no collusion between these twogroups […]
Read More →CIVIL wins construction contract from Highway Dept for Highway#4046 Trang-Ban Khok Ton route valuedat Bt648.44m. EA got approval from holders in 3 bonds due in 2025 & 2026 to lengthen payment deadlines by 7 years,but failed to get approval from enough holders to extend payment on 8 bonds worth Bt26b, aiming to ease its financial […]
Read More →BGRIM acquires 97% stake in Philippine solar power pcdr (Caronsi Solar Energy Corp) undertaking & developing 65mw solar project. Comment: The Philippines is the best example of a country that is controlled by 10 families and a group of corrupt politicians and civil servants. An unpopular opinion I have is that Duterte was fantastic for […]
Read More →CPN sets Bt120b capex over next 5 years to invest in new malls in BKK, Nonthaburi & Khon Kaen, will cod Market Place Theparak community mall on Mar 28, followed by Central Park & Central Park offices in Aug and Central Krabi in Oct, revamp malls are set to open later this year including Central […]
Read More →ADVANC sets 3-5% revenue growth target this year from mobile and BB, to convert service stores into retail shops and digital services, with virtual banking license to add value. Comment: Either this comes from ASP increases or from taking market share from True. DMT targets new business venture to boost sustainable business growth, bid for […]
Read More →AH’s board approved acquisition of the remaining 50% in venture auto part co., AAPICO Sodecia (TH) no exceeding Bt110m. MONO is under cash balance, cash upfront trade, from today Nov 27 until Dec 17, after jumping 22% yesterday. Comment: The story is that due to JAS winning the EPL rights, means that MONO is going […]
Read More →AOT: S.KR LCC, Eastar Jet, will resume daily flights from Busa to Chiang Mai, effective Dec 19. BEM sees MRT ridership accelerates in 4Q supported by a 10 day event Vegetarian Fest in China town, Book fair at Queen Sirikit National Convention Center, improved traffic at Lumpini park & Silom stations from cod-ed of One […]
Read More →CPAXT relists today, post amalgamation, but under original ticker. No ceiling/floor caps. Comment: Yawn… GULF shareholders meeting to approve merger with INTUCH today. Comment: Of course it’s going ahead, this just helps GULF’s stretched balance sheet… NRF to open 4,000 sq.m. Asian supermarket, Bamboo Mart, in Victoria Parade LDN, will add 1 more in LDN’s […]
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