PRM: will takes delivery of 2 vessels (crew boat & AWB) in 1H, upbeat outlook from improve traffic on O&G transport supported demand for travel, support vessels for O&G EP, eyes 10% revenue growth target. Comment: And yet the share price never really ran. TU: bondholders approved change to interest coverage ratio & proposal to […]

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AH eyes 3-5% full year sales growth target driven by larger auto parts orders from establishment of 2-3 Chinese BEV manufacturing plants in TH, sets Bt400m capex to build new plant to accommodate orders from new clients, target cod by end of FY25. GULF: digital assets unit, Gulf Binance, begins digital asset exchange & brokerage […]

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AH: anticipates positive auto parts sales momentum continue driven by growing Asian mkt compared with other regions, upside from larger Euro 6 std parts in portfolio aft joined hands with Eberspaecher, expects to serve new customers in the EV segment next year. Comment: Zero impact on their business…marginal growth at best from EV’s…. TASCO: seeks […]

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AAV sees Apr load factor >90%, 80-90% for the first 2 weeks of May, supported by 3 new routes from Chiangmai to Beijing, Hangzhou & Changsha, aims to secure at least 10-15% market share from Chinese travelers visit Thailand. Comment: The Red wave is coming. CHAYO anticipates Bt150b NPL flooding in the system 1H23, allots […]

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AMA targets 20-25% full year revenue growth from Bt3.23b FY22 driven by improved demand for marine & land oil transports on recovery demand for fuels, target full year utilization rate exceed 85% vs 80% FY22, sets Bt340m capex to add 1 tanker from current 9 vessels. Comment: It’s the margin risk…volume is typically there, and […]

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BA upbeats 1Q earnings from strong passenger traffic, mulls purging obsolete aircrafts to 26-28 from 35 eo-FY22 to improve efficiency, target FY cabin factor >73-74%, 4.4m FY passenger target. Comment: Price over volume… National Anti-Corruption Commission has filed charges against Keeree Kanjanapas, major shareholders of BTS Group, and Sukhumpan Boripat, former BKK governor, on graft […]

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BRI reported 2M23 residential sales topped Bt2b, maintains launch plan 20 projects total Bt22.5b, eyes 20% FY revenue growth target above Bt13b, revenue +40% >Bt9b. CPALL sees 5-7% SSSG via 7-11, sets Bt27b capex to add 700 branches in TH & 30 in Cambodia, will debut 2 outlets in Laos this year, reassures FY interest […]

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AEONTS reported 3Q22np (end of Nov 30,22) at Bt1.42b, +35% yoy, topped Bt984m consensus, new loans 3Q22 +17% yoy, lifted 9M +29% yoy, recovery consumption & tourism boosted card spending. Comment: Just fantastic numbers. BCP board approves plan to take over ESSO, pending shareholder approval, pushing refinery output to 250K bbl/day and maintaining #2 retailer […]

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