AOT: Lufthansa & Qatar mull amp up flights to TH after CCSA scraps RT-PCR & Thailand Pass from May. Comment: Thailand has to get rid of this Thailand pass, the stupid testing protocols after arrival etc etc, but that’s just me screaming at the wall. BCH sees strong Covid services rev in 2Q from higher […]
Read More →BGC anticipates bottle sales turnaround aft BMA extend alcohol serving to 11pm, allots Bt2b capex for M&A, maintaining 5-10% sales growth target. Comment: That not much of a turnaround…. BGRIM sees narrow margins 1Q from high gas price, SPP replacement 5 units on track to cod in 2H, expects feedstock cost drops by 5-10% after […]
Read More →Notable Transactions Buy(s) THB 640 mn III – The logistic boys are just going to rock and roll. SPALI – The family still continues to buy back their shares in the market. SAWAD – Her stock has been hammered as the market is worried about slowing growth rates and NPLs, she doesn’t seem to think […]
Read More →ACE sees growth momentum this year on new PP both domestic and abroad, Community PP phase 2, 400MW waste PP. CHAYO sets Bt3b budget to scoop up bad debt, target Bt10b-Bt12b distressed debt under mgt by end of year. Comment: Yum yum period for these guys. COM7 upbeats 1Q earnings from strong mobile/IT products sales […]
Read More →BCPG paid Bt1,070m for 25% stake in Nam Tai for power transmission line in Laos (220 kilovolt). CV expects to conclude jv deal with partner to establish RDF production plant in Vietnam by eo-1Q, 70% of Bt2.4b EPC power plant construction projects to realize this year, eyes 150% revenue growth target. LPH mulls raising hospitel […]
Read More →AGE revised revenue target this year to Bt12b from Bt11b, on uptrend coal price and booming logistic business, sees record high coal sales at 5.5m tons. Comment: The chinese have tried to smack the coal market with margin requirements, thereby leading the prices to drop ~40% in a week. Now it appears that they’ve cleared […]
Read More →AOT: sees earnings at trough cycle, expects FY22 loss narrow to Bt4b from Bt15b loss this year, target 62.3m passenger arrival in FY22 & 116m FY23. CPN: opening 2 malls this week, Central Sriracha on Wed & Cental Ayudhaya on Saturday, reassure FY21 earnings no less than last year. Comment: They are the giant in […]
Read More →AAV resume domestic flights today Comment: Reopening trade done for this name. There should be talks of recap coming again before the end of the year. BAM maintained Bt17b FY21 revenue target, eyes Bt4.2b cash collection in 3Q & Bt6b in 4Q post reopened, launch installment campaign & digital marketing to boost sales, sets Bt10b […]
Read More →ADVANC: Supreme Admin Court dismiss the CAT’s Bt2,449m damage claim against ADVANC, legal dispute is considered final. Comment: This case has been going on for a decade, should help the “overhang” on the share price. AOT 8M into this fiscal year (Oct-May its passengers fell 71.5% to 18.33m, flights dropped 51.6% to 206K flights, yet […]
Read More →DOD to import 10 hemp species from the US by end of June or early Jule, 4-5 months from planting to harvesting, and into products by 4Q21. Comment: I do find it ridiculous that Thailand doesn’t ensure an organic internal system, but that’s because of the usual structure of the country with interests controlling parts […]
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