AOT sets Bt9b capex to expand East terminal, adding 66k sq.m. to up SIA capacity to 60m psx p.a. from current 45m, expects to open bid within Apr-May, begin construction in July, target completion within 2 years. AOT’s expected to report after close Bt5.1b 1Q24 (ending Dec 23) consensus. Comment: People forget that AOT had […]
Read More →ADVICE in talk Apple to be authorize distributor in TH, expects to open iStudio by Advice by eo-2Q. Comment: I don’t know anyone that got these shares, so the great little pumps are back! ASIAN upbeats outlook this year from improved frozen seafood exports vol, +ve pet food sales mmtum, eased pressure on pdtn costs, […]
Read More →AAV: is expected to report wider margin qoq from low hedging on jet fuel as avg price 2Q stands at US$ 95/bbl vs US$ 106/bbl in 1Q, tailwind from strong cabin factor during Songkran holidays boost earnings, tabloid. AH: credit rating upgrade to A- from BBB+, stable outlook at TRIS Rating. GLOBAL: anticipates mediocre 2Q […]
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 →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 →AS’s 2 major holders sell 73.72m shares (15.7% of total outstanding) and up to 33.83m units of AS-W2 to SABUY, expects synergy from digital ecosystem, blockchain and e-payment service while SABUY can access new clients from AS’s 100m mobile gamers account. Comment: It’s very interesting watching SABUY work. I think this has been a great […]
Read More →DOD reaffirmed 20% revenue growth target this year to Bt1,220m, on plans to exports >50 hemp supplements, sets Bt180m capex to expand warehouses and boost productivities. Comment: The quality of TH’s hemp supplements are rubbish due to the FDA requirements on the low THC levels. Barely has any medical use cases. GLOBAL forms venture with […]
Read More →ADVANC sees 2H turnaround from larger revenue from roaming service on recovery demand for travel, sees positive momentum in upmarket & corporate solutions, maintaining 4-6% FY22 revenue growth target. Comment: No one (except for this one incredible lady who is reading this) comments on the fact that ARPU’s for 5g are rubbish. AS will launch […]
Read More →AOT: Lufthansa & Qatar mull amp up flights to TH after CCSA scraps RT-PCR & Thailand Pass from May. Comment: Thailand has to get rid of this Thailand pass, the stupid testing protocols after arrival etc etc, but that’s just me screaming at the wall. BCH sees strong Covid services rev in 2Q from higher […]
Read More →GLOBAL: reaffirms 15% FY22 sales growth target supported by shopping tax rebate stimulus in 1Q, positive SSSG yoy, contribution from Indonesia and Cambodia, mulls tap in Lao, Phil, Myanmar market. Comment: Consistently surprised by the growth in this industry throughout the region MTC: reported 3 tranches of CD total Bt 4b carrying interest rates of […]
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