AURA upbeats 1Q earnings from robust sales of gold jewellery ahead of CNY, expects positive momentum continue thru valentines in Feb, sees growth from gold for cash biz as banks stringent on credit approval. Comment: It’s the financing arm of AURA that is fantastic…. BANPU anticipates solid 1Q supported by strong natural gas price, keeps […]
Read More →PTT and OR denied reports that they were charged by the DSI for money laundering and fraudulent activities based on accusation that GGC sold crude palm oil (B100) to OR at below Government’s min price, causing GGC huge financial loss several years ago, saying it was a BAU. Comment: This is a hilarious rumour… SKY […]
Read More →ILINK upbeat 3Q earnings from robust IT cable & equipment trading, larger clients portfolio, launches high-speed fiber optic cables to meet bandwidth-intensive applications of AI. Comment: Quietly stacking revenue streams PR9 revamps health check-up unit, ER & respiratory clinic to improve services & accommodate larger traffic, estimate overseas marketing unit to expand fly-in patients & […]
Read More →CPN expects to attract tremendous amount of traffic to its shopping malls during Thailand’s Pride Celebration 2024 which it hosts in June, as data from TAT shows this segment spends 40% more than avg tourists in general with preferences for luxurious lifestyles. OR sees solid 2Q from tourism, Bt0.70-Bt1.2/liter marketing margin, $80-85/bbl, sets Bt23b capex […]
Read More →BEM & BTS: MRT & Skytrain to extend operating holders from 4am till 2am from current 5am till midnight during New Year season Dec 29 till Jan 2.BEM: Department of Rail transport reported average Blue line MRT ridership during TH Red Cross bazaar Dec 8-17 hit all time high at 520k trips/d. HL on track […]
Read More →BGC in talk JV packaging partner, seeks to branch out from glass containers, plastic packaging and label to other types of packaging, finalize deal by end of Feb. CPN cods 93k sq.m. mall project, Central Westville Ratchapruek. Comment: The retail cookie munssster LEO’s board approved US$1m investment in LogiCam to expand shipping business between Thailand […]
Read More →AAI reaffirms 2H turnaround driven by recovery PET foods order from overseas clients aft excess inventory jitter eased, 1 new client (private label) on board, expects margin widen from lower tuna price, higher utilization rate and tail wind from weak THB. Comment: So…take the bet before earnings…or wait and see… CPN sets Bt600m promo budget […]
Read More →AKR anticipates positive earnings momentum continue thru next year driven by rising demand for transformer from property & solar rooftop project, aims to fill EPC backlog from Bt300m current bidding, 50% out of Bt350m backlog to realize this year, maintain 15% FY revenue growth target. Comment: The demand for transformers and substations are going to […]
Read More →BGRIM, GUNKUL, GULF, SCC, BANPU, WHA, TSE, DEMCO, GPSC among qualified bidders for 5GW renewable PPA from Electricity Generating Authority (EGAT). Comment: Other than the first 3, do the others really stand a chance? JR: wins sub-contract project from STEC valued at Bt3.9b, lifting backlog to all time high at Bt7.5b, expects positive growth momentum […]
Read More →ADVANC: 3Qnp at Bt 6.03b -5.4% yoy; missed Bt 6.42b consensus, core service revenue +1% yoy; -0.5% qoq as inflation eroded purchasing power on price sensitive mobile users. Comment: Far better than DTAC & TRUE…for now… CAZ: awarded 2 construction contracts total Bt 143m. IVL: joins bidding race against Bain Capital & CVC for PET […]
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