BBGI: BCP raised holding by 0.0021% to 45.0014% on Mar 7. COCOCO allots Bt1.5b capex to expand production capacity of coconut juice, plant-based foods & pet food, firms on Bt6.6b FY24 revenue target, eyes Bt10b by end of FY26. DELTA sets $500-1,000m capex over 5-year, with $500m to be spent in TH and India on […]
Read More →AAV eyes 20m FY24 passenger target, supported by improved traffic to China on the back of visa wavier scheme (93 flights/week vs 83 in 4Q23), larger fleet size yoy (60 aircrafts vs 56 in FY23), new route from Taipei-Okinawa, Taipei-Osaka, Kaohsiung-Narita start from 2Q. ADVANC and TRUE are awaiting NBTC’s draft auction planned for 3 […]
Read More →BEM sees all time high daily MRT riderships in Feb at 550k trips, tollway traffic hit 1.2m trips, rental revenue growth from commercial space +10% yoy, firms on 8-10% FY24 revenue growth target. CHAYO board approved spin-off plan of subsidiary, Chayo Capital (CCAP), will sell IPO up to 125m shares and list on MAI. Comment: […]
Read More →Oh look, several sectors up MoM, there’s no “hope”, “belief” you name it for Thai equities at the moment. I wouldn’t be surprised to see figures look better than expected for multiple sectors…then again I can also paint the bear argument, valuations, no real FDI, and a country still dealing with the piss-poor military donkeykong […]
Read More →Notable Transactions Buy(s) THB 510 mn Sell(s) THB 175 mn
Read More →Week 04/03 – 08/03 Company cii.vn, dgw.vn, fpt.vn, gvr.vn, hsg.vn, kbc.vn, nab.vn, nvl.vn, vcg.vn, vtp.vn CII VN: registered to buy 5 mn shares to increase ownership at NBB. Expected transaction implementation time is from March 7th to April 5th, 2024. DGW VN: approved a short-term loan plan at TCB, maximum term of 4 months, total […]
Read More →BPP in talks to buy gas-fired power plant in the US by end of 1H, mulls 25-30% stake of the project, sets $ 500m capex between FY24/25 for M&A and energy project, target 5,300mw by end of FY25 (4,500mw fossil & 800mw renewable) from current 3,632mw & 385mw. GUNKUL upbeats earnings visibility from Bt4.8b backlog […]
Read More →AOT: British Airways flights from LDN-BKK will return in October after paused in FY20, reservation opened on Mar 5. Comment: Who wants to fly BA? No one, its full of old white aunties that give you the worst service. But ok this is a good sign for the continued improvement in tourism to/from Thailand. BAY […]
Read More →BAM sees 2M24 cash collection exceeded Bt3b, firms on Bt20b FY, revamps NPA appraisal process to save time costs, in talk with financial institutions & residential developers to establish distressed asset management JV. Comment: And what if they perform better than expected? The upside is then taken care of. KJL signed partnership agreement Schneider Electric […]
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