ECL sees YTD loan growth +30% yoy, expects HP demand remain strong in 4Q as EV boom brings price of ICE vehicle down, more vehicles change hands in used car market, firms Bt7.5b FY loan book target. PRINC raised holding in Pewdee Clinic Esthetics by 38% to 93% from 55% prior for Bt106.4m, will restructure […]
Read More →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 […]
Read More →ADVANC upbeats earning outlook from improved ARPU on eased competition, higher revenue from sim sales on surging tourists arrival, maintain mid-single digit revenue growth target, broadband M&A with TTTB expected to complete by end of 1Q. Comment: And voila…we have 3 players now (yeah yeah I know it’s only 2 NT doesn’t count, but on […]
Read More →BBIK to speed up expansion in Vietnam, boosted by Vietnamese Government’s push for digital transformation, sets Bt50m revenue and oversea revenue contribution to 10-20%. Comment: These companies, BBIK, BE8, DITTO, have to continue growing at a tremendous rate to maintain their valuations.. CCP sets Bt2.5b revenue target this year, Bt1.6b backlog, of which Bt1b will […]
Read More →Eleven Thai chicken factories, including 6 of CPF, have been given permission by Saudi Arabia to export chilled and frozen fresh chicken, effective as of March 13, after 18 year suspension. Comment: CPF, GFPT and friends are going to benefit from this. CAZ signed 2 contracts to develop LNG receiving terminal & civil work projects […]
Read More →BGRIM to import 650K tons of LNG via its right to PTT’s terminal under an 8-year contract, to supply SPP replacement. BRR target 30% FY22 revenue growth driven by higher sugar sales volume yoy, sugarcane ecoware packaging & utility sales, will expand RDF fuel business this year. EA sets 20% revenue growth target this year, […]
Read More →As I say with everyone, interpret as you see fit Data source: ourworldindata.org Date: 10 July 2021 (why? Because this is the latest data when # of tests is included)
Read More →ACG anticipates recovery sales 3Q from debut of All new Civic Gen 11, will add 6 branches of Fast Fit auto services by end of year. CKP may report a record Bt931m 2Q21 NP, as higher water flows in Xayaburi Dam boosted capacity, sees momentum into 3Q. ECL expects positive 2H loans momentum from hire-purchase […]
Read More →BBL raised holding in BSL leasing to 90% from 35.88%, will expand leasing, HP, factoring & maintenance lease business. ECL estimate insurance broker subsidiary, Mighty broker, to capitalize on HP clients on hand, will branch out to non-auto insurance next year. GFPT sees strong 3Q, a high season for exports, but Covid should hurt overall […]
Read More →Notable Transactions Buy(s) THB 100 mn ECL – A switch between family members Sell(s) THB 144 mn BLA – A director decides to dump some shares. ECL – See above
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