CHAYO: board gives nod to spin-off P-Loan unit, Chayo Capital, (CCAP) will sell IPO 125m shares (25% of paid-up) & list on MAI. Comment: And investors will be surprised by how small this entity is. (or not) GPSC acquires 50% of PTT’s renewable unit, Global Renewable Power (GRP), for Bt1.275b, to complete by end of […]
Read More →EV booking during Nov 29 – Dec 5 at 22,461, +66% yoy, boosting related businesses like WHA, COM7, ASAP, NYT and SJWD, Tabloid. ITD dodged default on 2 tranches of CD (ITD24DA & ITD24DB) due on Dec 4 aft securing financial assistance from 5 banks, failing to meet next payment on Bt2b CD will be […]
Read More →AUCT is expected to report big jump 2H driven by vehicle registration fees thru auction yard, revenue from vehicles transfer and acceleration of traffic from repossesses vehicles purge by financial institution by end of year, Tabloid. Comment: Just go through KKP’s MD&A and you’ll see that there are still a lot of cars to be […]
Read More →CIVIL upbeats 4Q earnings from Bt1.38b highway project transfer to Department of Highway, Bt23.92b backlog assures earnings visibility. COTTO: 3Qnp @ Bt210m, +55% yoy, thanks to lower energy costs for tiles & building material production, sales +4% yoy, board approved investment in production line of stone plastic composite (SPC) capacity 1.8m sq.m. p.a. at Hinkong […]
Read More →AWC sees solid 4Q, a record high since listed, on seasonal, boosting rev growth this year to >10%, sees momentum into 1Q24. CPN plans Bt3b to develop Nakhon Phanom and Nong Khai into secondary cities, with Robinson Lifestyle Nakhon Phanom to open in 4Q24. Comment: The retail cookie munsterrrrr MTC in biz remodeling, sees 2H […]
Read More →AAV rolls out flight promotion for Chinese travelers starting from CNY 199/trip, BKK (SIA)-Shanghai CNY 299, booking open till Oct 1, travel from Oct 1 to end of March 24, aiming to capitalize on China national day & CNY in February. Comment: Let’s see if the government let’s enough of them out of the country. […]
Read More →BBL maintain 4-6% FY loan growth t/g despite +0.6% in 1H, no plan to increase interest rates on both deposits & loans aft 25bps policy rate hiked in Aug, expects working cap demand grows on more predictable interest exp, jump start investment aft govt formed, will continue to grow business franchise in China, sees Chinese […]
Read More →Total Logistic (ETL), on SET instead of MAI to accommodate future growth. Comment: The market’s in a pumping mode. JMT said 1st two months of 3Q operations were on track, firms on 30% revenue growth target this year. Comment: There is zero issue for JMT to get NPLs, there are only 2 questions 1) Cost […]
Read More →BCP: SSO raised holding by 0.0392% to 15.0103% on Aug 2, SEC filing. Comment: Good I sold to them, thank you. CIMBT: sees mortgage demand for resales property and NPA increase as high new house price and tight purchasing power boost demand. EA: expects to report stellar 2Q from delivery of 600 E-Bus, commercial EV […]
Read More →ALL reported Bt263.67m default on debt payment with KKP. Comment: It’s a dead man walking, should be bankrupt. BDMS targets 6-8% full year revenue growth driven by higher fly-in patients from Middle-East, CLMV and China, target 2H OCC above 67% from 62% in 1H on seasonal, broader segment coverage from health insurance & SSO. EA […]
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