AOT: cabinet approved DMK airport expansion phase 3 to accommodate 40m passenger traffic p.a. from current 30m, 3rd passenger terminal & 6th parking bay to be added under Bt36.829b budget. Comment: Getting ready for China + India to visit Thailand en masse CHIC selected by GRAND for interior design and furnishing of hi-end projects, ANIL […]
Read More →ADVANC eyes virtual banking license, after selling remaining stake in AISCB to SCB, aims to capitalize on its >50m mobile and internet customers. Comment: Urgh…can’t think of one digital bank that is actually profitable globally. Prove me wrong if there’s one out there. AMR signed MOU Eastern Pro Water Supply to jointly expand tap water […]
Read More →BBIK to enter VN next year to offer corporate digital business solutions, and expand in Indonesia and England, sets >70% revenue growth target this year. Comment: They’re going to have repeat this performance for the next decade or so to defend the current valuation. BCPG sets Bt30b capex next year, mostly for oversea M&A, target […]
Read More →China? Protests? Don’t care about a regime change there unless you see senior Chinese leaders commenting that Xi is acting sillier than the donkey from Winnie the Pooh. And from what I’ve seen, doubt we’ll see much travelling out from China until 2H23. What I do care about, the continued improvement in travelers throughout Thailand […]
Read More →Notable TransactionsBuy(s) THB 1.3 bn Sell(s) THB 1.5 bn
Read More →Stock news dgw.vn, kdc.vn, vic.vn, msn.vn, nlg.vn, vng.vn, lpb.vn , tcb.vn DGW VN: In 4Q 2022, DGW targets a net profit of VND300 billion, down 8.3% yoy from the highest in Q4/2021 with a net revenue target of VND7,500 billion (down 5.3% yoy). Comment: High comp base, followed by a slowdown in consumer spending. KDC […]
Read More →JMART to reveal JV partner for new business next week, keeps 50% revenue growth target next year, firms on Bt500b group market cap target in 2024. Comment: Well…they said on the call yesterday that they will announce a new JV that will make people surprised, in a positive way? Group target mkt cap is implied […]
Read More →AWC and CRC are added to MSCI Min Volatility Index, while OSP had weighting increased, effective Nov 30. Comment: WTF is this index? BCP sets Bt200b capex to boost green business and gas, target Bt70b EBITDA in 2030, from current Bt40b. CK is close to signing Bt210b Luangprabang project this year, while falling steel price […]
Read More →BANPU sees 4Q22 coal & gas sales volume higher qoq & yoy, no rush on hedging amid winter season, eyes opportunity in lithium mining business. Comment: Finally they aren’t being stupid with their hedging, coal is only up some 5x…. CPN sees solid 4Q on rising tourist arrival and seasonal campaigns, sets Bt20b to expand […]
Read More →