BRR expects 70% revenue growth target this year to Bt7b on higher global price and solid growth in biomass power plant and wood pellet business. FPT sells build-to suit warehouse in logistic park Ayudhaya to Watson (TH), the 3rd distribution center at Bangpli & Khonkaen logistic center, target cod within 2Q23. NWR firms on 50% […]

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ADVANC reported 3Q net profit @ Bt6.37b, -2% yoy vs Bt6.54b consensus, subscribers rose to 43.7m, BB topped 1.6m subscribers, ARPU slightly drop from competitive air time package, will start digital lending venture with SCB (AISCB) 1Q22. AS will launch 3 mobile games before end of year, developing virtual reality (VR) games to capture growing […]

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GUNKUL reaffirms Bt10b revenue target this year, +20% yoy, expects to sign Bt700m new contract, boosting backlog to Bt9.6b, sets 3-year capex at Bt20b to boost capacity, mulls investment in hemp business and Built2Suit. GUNKUL target FY21 revenue growth >20% yoy from larger power portfolio, Bt3b out of Bt9.6b EPC backlog to transfer this year, […]

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CGD: major holder, Tommy Taechaubol, cuts holding by 0.8952% to 4.7957% of total outstanding on Monday CPW in talk to buy mobile retailer, IBIZ Plus, expects to spend less than Bt1b on deal, plans to wrap up within Oct, firms on 20% revenue growth target. DREIT reports net loss Bt56m vs Bt26m np 2Q20, pays […]

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BPP buys 33.5% stake in 543mw Nakoso Integrated Gasification Combined Cycle (IGCC) powerplants for US$80m, deal to complete by end of April. CPF opens 2 new Chester grill restaurants, Lak-si and Bang-na, and launches chicken New Orleans new menu, on track to open 10 this year. OR extend land lease contract at Khlongtoey pier central […]

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AOT approved AAV’s request to partially move its base from Don Muang to Suvarnabhumi, with initial 24 domestic flights, before extending to overseas flights by end of year. Comment: Now the future hordes of Chinese tourists will be at Suvarnabhumi.  BBL: Social Security Office cut holding by 0.0188% to 4.9903% of total outstanding on Tuesday […]

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BWG reports cod 7mw waste powerplants. Comment: As with all of these projects, it was delayed for a year but in the end its up and running and a positive. MOF grants Pico finance license to KTC, aims to control interest rate competition in the market, expects to approve nano fin & P-loan before end […]

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Ever since Bhumjaithai’s leader Anutin begun campaigning, we’ve said two things They’ll be the swing party Thailand will get roads and weed Why the roads? Easy he’s the owner of STEC Plc, why the weed? Well now I’m going to indulge myself in a mix between rumours, facts and my random thoughts and let you […]

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Six private operators petition PM Prayut on BMA awarding 30 years concession to TRUE for underground telco cable projects worth Bt20b. Comment: Does anyone else not finding this contract to True to be f@#king scandalous?  Oh yes and all approved whilst there is no government either.  AMATA sees IE land demand surge on foreign production […]

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ADVANC THCOM CSL ADVANC announced the purchase of 250mn shares of CSL from DTV Service, subsidiary of THCOM for Bt7.80/share, giving THCOM cash of Bt1.95bn. It will also buy 84mn shares from SingTel for Bt655mn. (Thun Hoon, 14/9/17) Comment: At 15x PE for CSL it isn’t the cheapest price…effectively its a right pocket left pocket […]

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