PPM: reaffirms solid 2Q supported by robust sales of copper tube and air condition insulation as demand for cooling products grow during summer season, tailwind from turnkey solar rooftop subsidiary, Solar PPM, boost earnings. PTTGC & TOP are expected to recover in 2H from lower interest exp as both buy back & cancellation of a […]
Read More →ASW recorded Bt6,269m 1Q sales, +65% yoy and account for 35% of Bt17,800m FY24 target, its “Title” jv project has 50% booked and Title Serenity NaiYang Phuket attracts lots of interest, plans 2 projects worth Bt2,460m in 2Q. COCOCO reaffirms 30-40% revenue growth target this year, on rising demand for coconut water and related products, […]
Read More →AAV’s introducing new route from BKK (DMK) to India seaside city Visakhapatnam, tally total to 10 routes btw India and BKK, cod from Apr 9,24. Comment: Looks like they are pulling tourists from TH to India. AWC partner with PTT to install EV charging stations across 17 affiliated property including hotels, shopping centers & community […]
Read More →A wheel fell off a Yellow Line monorail train and hit a taxi in Thepharak, outskirt of BKK. The train is operated by a consortium headed by BTS (75%), STEC and RATCH. Comment: One hopes that this is a 1 off accident… But I’ll happily blame STEC (anutin) all day long. GUNKUL plans to raise […]
Read More →AOT’s Chiangmai airport reports 47% of flights, 77 domestic and 24 overseas, during Nov 27-28 Loy Krathong, has been cancelled, due to safety concerns, related to flying of lanterns and balloons during the Loy Krathong festival. AOT: Air India confirmed new service flying direct from Delhi to Phuket starting Dec 15,23. Comment: Incredible Indiaaaaaa. Thailand […]
Read More →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 →BDMS sees >3% revenue growth this year on rising patients both local and foreign, with the latter account for 30%, its normal level. Comment: BDMS is too large to grow revenues at this point beyond price increases. CPAXT’s interested in joining government’s digital wallet scheme, sets 20% revenue growth target next year, mulls hybrid model […]
Read More →NBTC’s chairman said ADVANC’s takeover deal of 3BB will be concluded at meeting tomorrow, after lingering on for > a year, Tabloid. Comment: Let’s see if the change in government & friends + the latest spectrum acquisition has helped this deal quicken. IVL to acquire remaining 34% stake of Israel technical fiber producer, Avgol, for […]
Read More →Kia is considering building a car factory in TH capacity 250k units p.a., may sign agreement with government for plant construction as early as this year, Maeil Business Newspaper. positive WHA & AMATA. Comment: Ahhh finally a non CCP related company…. BDMS: holders approved raising foreign ownership limit to 30% from current 25% of total […]
Read More →ADVANC sold 33.33% of e-wallet Rabbit Line Pay to Line man (TH) & Line Company (TH), VGI also purged 33.33% to both parties. Comment: Looks like digital wallets and all these “fancy” things actually don’t make $….who woulda thunk it. BAFS maintain 4.2b FY jet refueling volume target +40% yoy from 2.99B FY22, sees rev […]
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