AOT reported 7 days passenger traffic via 6 airports under management during Songkran fest (Apr 11-17) +22.7% yoy to 2.49m travelers, aircrafts movement +15.3% yoy to 14,934 flights. Comment: And voila….2025 is going to be higher. And people still don’t believe it yet. ASW anticipates 2Q turnaround from completion of 4 condos total Bt6.6b, tailwind […]
Read More →BLC’s unit, Bangkok Drug, wins license from Japan partner, Nichi-Iko Pharmaceutical, to solely distribute its generic pharmaceutical products in TH, expects sales jump from good products at affordable price. Comment: Should be worth our time to investigate. CK firms on plan to participate auction of 5 dual-rail projects total Bt128b this year. CPNREIT to raise […]
Read More →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 →ASAP anticipates FY24 turnaround after scaling back rental fleets to 10k vehicles from 20k last year to mitigate impact from heavy depreciation on used car market, diversification to EV dealership business provide cushion. Comment: Shocking…-50% in the fleet? That’s going to hurt the rental market…rental rates are going to go high…(for tourists) CHAYO reported Bt400m […]
Read More →As of writing the Thai Baht just went past USDTHB 37… Well – a decade of military idiots running the country followed by the US jacking up rates = this magical scenario facing Thailand. Friends are now starting to whisper USDTHB 40…let’s see…anyways this means that in USD terms the SET is -13% for the […]
Read More →Notable Transactions Buy(s) THB 5 mn Sell(s) ZZZ
Read More →Week 15/04 – 19/04 Corporate – ctd.vn, gmd.vn, mwg.vn, hhv.vn, shb.vn Financials – ctr.vn, bcg.vn, bmp.vn, hax.vn, gil.vn, ppc.vn, pvd.vn, shb.vn, shs.vn, ssb.vn, ssi.vn Country
Read More →Random Thoughts…given I read a tonne of research papers…notes…etc…I’m going to start dumping thoughts, notes here, will try to source/date…remember don’t invest based upon my ramblings, instead follow the worst piece of advice ever created by the investment industry…do your own homework. Emphasis always mine. Source/date: Tchart (maybe?) 8 April 2024 DMK Duty Free Space […]
Read More →ATP30 sees continued growth momentum in 1Q24, after realizing revenue from 5 new clients with >30 vehicles, 3 E-Bus ready for services, and in talks with several potential clients. M sees 2M24 SSSG negative yoy, margin recover from lower fresh foods costs & costs control, rolls out campaign to boost dine-in upcoming Songkran festive, seeks […]
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