BCPG’s board approved US$ 115m investment in 150.98mw combined cycle gas power plants in Ohio, US. JMART said its 9.2% strategic stake in BKD is to create synergy, as its group has >10K units of pre-owned houses and needs BKD’s expertise to renovate, before selling them. Comment: And they’re still going around the country building […]
Read More →ICHI mulls selling international franchise of its JPN restaurant, Oishi Biztoro, seeks to expand selling channel via multiple formats to expand coverage, plans to open 30 new restaurants over next 3 years as dine-in recovery, focus costs management to stretch margin. Comment: Because they haven’t done well with it.. KTB in collab with BJC to […]
Read More →BAY is also to report today, Bt8.207b 4Q22, and Bt29.84b FY22 consensus. Comment: Perhaps the best managed bank in the country over the past few years. COM7 mulls expanding house brand products portfolio from <10% of mobile accessories sales to >25% in FY23 to boost margin, utilize existing shelf spaces. Comment: so they’re going to […]
Read More →BCPG’s planning to build Asia’s largest wind farm in Laos, 600MW, in coop with PowerChina International, to COD in 2025. NER seeks board approval for its 3-year business plan, including Bt500K tons sales and Bt30b revenue target, Bt400m capex for expansion in 3 new plants in Northeastern, targeting 1.1m ton/year capacity. Comment: Their margins have […]
Read More →BBIK to enter VN next year to offer corporate digital business solutions, and expand in Indonesia and England, sets >70% revenue growth target this year. Comment: They’re going to have repeat this performance for the next decade or so to defend the current valuation. BCPG sets Bt30b capex next year, mostly for oversea M&A, target […]
Read More →ASW reported 9M22 residential sales at Bt13.1b, >Bt10b FY target thanks to strong sales of 2 condos (Kave Town Colony BKK Uni & Atmoz Oasis Onnut), will launch 2 projects Esta Rangsitkhlong 2 (SDH) & Kave Universe Bangsaen (condo) total Bt1.2b by end of year. CHAYO reported 9M22 debts acquisition >Bt4.2b, plans to add Bt10b-11b […]
Read More →24CS: building engineering contractor specialize in electrical, air vent, telco and sanitary system, 24 Con & Supply, debuts 130m shares at Bt 3.4/share, UOB leads. Comment: Now that’s an IPO! ASIAN upbeats outlook from accelerated OEM pet food orders as international clients expand house brand products to boost margin, sees tuna & seafood business remained […]
Read More →BE8 reassures solid 2H after completed M&A tech integration, X10 IT Resource, Bt713m backlog from corporate transformation projects pending to realize, additional M&A cyber security, Bay Computing (BAYCOM), to complete next year, expects to enhance competitiveness from one-stop digital transformation solution, larger ecosystem. Comment: The thai tech scene has been boominggggggggg. Though at one point […]
Read More →AOT is expected to gain 6.5m passenger after adding 3 airports to management (Udon Thani, Krabi and Buri Ram), translated to 5-6% profit upside, Tabloid. Comment: Thailand’s airport system is actually rather fantastic. Go fly around Europe or the US, a shambles in comparison. BAFS sees clear sign of recovery this year, sets 3,000m liter […]
Read More →AH keeps 30% FY22 revenue growth target, maintains GPM within 10-12% range, strong auto parts orders for new launch models, new clients in Africa & Argentina, improved operation in Vietnam & Malaysia plant and auto dealership business to boost earnings, study new products to shift from chassis production to EV parts. Comment: Should that forecast […]
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