BGC mulls revising up FY24 sales target following positive surprised bottles & packaging sales, supported by tourism, long summer season, consumption during Songkran festive. Comment: Does that mean singha beers > chang beers? CENTEL’s 95 guestrooms first affordable lifestyle brand hotel, COSI Vientiane Nap Phu in Laos opens today. Comment: Cookie munsterrrr FLOYD wins 2 […]
Read More →CCP sets 3 year CAGR at 10%, on core business and cost control, with Bt1.6b backlog to gradually realize, eyes Bt2.5b worth of new project, targeting 50% success rate, and firms on Bt3.3b revenue target this year. Comment: A smaller construction material provider…nothing too attractive here on paper… CENTEL sees hotel business growth at 20% […]
Read More →AMATA upbeat FY24 outlook from surged demand for industrial land on improved FDI, margin is expected to expand yoy on price hike, 50% of Bt14b outstanding backlog to realize this year, may see FY24 sales exceed 720 acres target (1,800 rais), will submit filing to list utility unit (AMATAU) by end of year. CENTEL is […]
Read More →BA plans to buy new aircrafts as travel rebounds. It operated 24 airplanes at eo-2023, down from 35 a year earlier, expects pax revenue to rise to Bt17.8b from Bt15b last year. Comment: Please don’t buy a boeing like Thai airways… CENTEL’s 6 property on track to cod this year, 3 in TH including Centara […]
Read More →BA sees 2M24 passenger traffic +17% yoy, mulls opening new routes to Prae, Mae-Sot, Had Yai and increasing flights frequency to Krabi. Comment: Yum yum for BA and Friends. BANPU offers 5 series of new bonds in May for debt repayment & working cap, 2.9%-3.1% for maturity of 2.3y, 3.5%-3.6% for 5.9y, 3.7%-3.8% for 7y, […]
Read More →AOT: British Airways flights from LDN-BKK will return in October after paused in FY20, reservation opened on Mar 5. Comment: Who wants to fly BA? No one, its full of old white aunties that give you the worst service. But ok this is a good sign for the continued improvement in tourism to/from Thailand. BAY […]
Read More →CENTEL sees 16% growth in bookings in 1Q at 77% OCC, solid momentum boosted by Goverment’s Maha Songkran Festival in April. Comment: Tourism is going to continue going to the moon. You don’t realise that Thailand is the future Chinindian capital of the world EPG sees solid 4Q24 (ending Mar 24) on higher sales in […]
Read More →CENTEL: is expected to be the main beneficiary from extend Thai traditional holiday to 5-days in Apr after government declared extra holiday on Apr 12 for government offices & state agencies thanks to vast hotels coverage across country, upside from F&B unit (CRG), Thunhoon. Comment: Well no…but fine. EURO: home decorative products distributor, Euro Creations, […]
Read More →AOT: China-based airline, Juneyao Air resumes flights btw Shanghai & Chiang Mai effective Jan 20. CENTEL to cod 95 guest rooms lifestyle hotel, COSI Vientiane Nam Phu in Laos in Feb, first overseas COSI brand. CHG eyes Bt8b FY24 revenue target driven by larger quota on SSO patients, contribution from 100 beds Chularat Maesot hospital […]
Read More →ADVANC expects its broadband service revenue to grow by 5-10% next year, target 13m households from current 9.5 broadband subs, following its takeover of TTTBB. CENTEL sees solid 4Q on hotel and F&B, firms on Bt10.8b hotel business revenue, and Bt14b F&B, sets Bt17b 2-years capex. Comment: Look at the rates the strong hotel players […]
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