BCH: refrains from heavy investment, focus on new launched cancer center & ongoing hospital project (Kasemrad Samut Prakan), additional 300K patients quota from SSO to drive earnings this year. Comment: If even the hospitals don’t want to invest heavily, then what does the say about the economy? JPARK: aims to add 10k parking space this […]
Read More →BCH revises foreign patients to 20% from 16%, boosted by permanent visa waiver for Chinese, firms on 10% revenue growth target this year, adding 300K SSO patients to 1.8m. Comment: Chynaaaaa. Investors/people have written off Chinese tourism to Thailand at their own risk. I wouldn’t be surprised by 4Q24 if it’s already on par w/ […]
Read More →Notable Transactions Buy(s) THB 190 mn Sell(s) THB 368 mn
Read More →ASW reported 3 locations of campus condo sweeping sales of Bt4b, will launch another project nearby Thammasart University Rangsit in 4Q under the Kev project. PROEN wins 2 underground cable project from Provincial Electricity Authority & Mae Sor Municipality total Bt179.8m. TASCO cuts FY asphalt sales volume target to 1.2m tons due to feedstock shortage […]
Read More →AAV: is expected to report wider margin qoq from low hedging on jet fuel as avg price 2Q stands at US$ 95/bbl vs US$ 106/bbl in 1Q, tailwind from strong cabin factor during Songkran holidays boost earnings, tabloid. AH: credit rating upgrade to A- from BBB+, stable outlook at TRIS Rating. GLOBAL: anticipates mediocre 2Q […]
Read More →AP sees Apr-May presales at Bt7.8b, lifts 5M presales to Bt18b, account for 32% of Bt58b full year target +15% yoy. BTS is optimistic on getting Bt20b overdue payment from BMA after BKK Governor prepares to seek approval from board in early Jul. Comment: It is legally owned to BTS…the BMA has to pay up. […]
Read More →AGE upbeats outlook from improved revenue mixed after diversify from coal trading business to logistic and agricultural trade, mulls expand coal sales in VN & Cambodia to meet demand, branch out from coal logistic to other goods such as cement, biomass fuel & agricultural products to utilize existing resources, provide new source of revenue. Comment: […]
Read More →BBL’s firm on 4-6% loan growth target, sees lower LLP at Bt26b vs Bt34b yoy, mulls JV to set up an AMC to manager bad debt. Comment: Read between the lines “THERE IS A STUPID AMOUNT OF BAD DEBT” GFPT reaffirms solid earnings from strong poultry orders from EU to replace supply from Ukraine and […]
Read More →CPF sets 10% revenue growth target this year from Bt517b last year, to start exporting to Saudi Arabia in 2-3 months, after 5 plants with 7-8K tons got approval from Saudi FDA. NYT sees recovery traffic at RO-RF pier on improving auto EXIM, expects BOI EV incentive boost exports volume. Comment: The volumes from EV […]
Read More →Notable Transactions Buy(s) THB 202 mn JMART – And he’s still buying shares in the market. Some say he’s artificially supporting the share price, others say he believes in the potential of the group. XPG – The Chairman subscribed via the RO. Sell(s) THB 263 mn TEAMG – Sale by the founders/shareholders to SCC. PPM […]
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