AOT sees 20% rise in passenger during a 6-day holidays (only for civil servants). Rabbit Cash, a venture co of BTS/AEONTS/HUMAN, debut digital wellfare lending, instant credit approval within 3 mins via AI credit screening, installment period from 6-36 months, 1.25% interest/month (effective rate). Comment: Ok anyone else fed up with this “AI” bullshit? It’s […]
Read More →ALT wins e-reading meter project from Provincial Electricity Authority (PEA) valued at Bt300m. BAM reported Bt22b NPA acquired in 1H, seeking board approval to buy additional Bt33b in 2H, mulls expand distressed assets management in CLMV & Malaysia. Comment: There’s no point expanding to countries where the legal jurisdication isn’t set up for distressed assets […]
Read More →ACE to expand private PPA, sees growth there, to sign PPA for 18 alternative energy power plants by Oct, boosting capacity to 112.73MW. AMATA reaffirms 2,250 rai land sales target, entering high season, sees no impact from political impasse, as long as it’s peaceful. ITD with China Raiway jv won Bt9.34b railway construction contract in […]
Read More →I still hold to what I wrote last week, Market Update 17/07 | ThaiCapitalist, a government is being formed, the bottom has passed for now. For the market, banks’ are reporting now, can’t expect anything pretty unless they’re going to be clever about hiding the real NPL figures, and I wouldn’t be surprised to see […]
Read More →Note: Earnings season is coming again and it’s going to be a quiet 4 weeks for management trades Notable Transactions Buy(s) THB 7 mn Sell(s) THB 127 mn
Read More →AKR targets winning Bt200-300m of Bt500m EPC projects it plans to bid, eyes Bt3b bidding in transformer projects, with 10-12% winning rate. Comment: Even though I think the EV trend is bs purely because of basic engineering and science, if the government moves this way, Thailand does need to upgrade the entire grid system and […]
Read More →CBG: convenience store unit, CJ Express, postpone listing from prior schedule on 2H23 to next 1-2 years, Daily news. Comment: Ouch, does this imply that upcountry spending is far worse than we know? EGCO in collaboration with BoCo Rock Windfarm, a unit of Mitsubishi, to produce hydrogen from power plant with 113MW capacity. BoCo’s current […]
Read More →ASAP keeps Bt3.8b full year revenue target, allots Bt2b to add fleet size, expects demand for car rent accelerate after Thailand logged 2nd on AGODA top destination voted by travelers. Comment: Well, it seems to be pricing that in…liked the management and their vision a lot pre c-19, now I’m not sure what they’re up […]
Read More →AQUA files criminal case against Thanhoon Tabloid for distorting facts in its reporting in TPL, causing damages to >5,000 shareholders who own >140m shr. Comment: So they didn’t pay Thanhoon the usual 20-40k baht for the news articles? And what business AQUA actually do? Shine Bunnag was a well known stock punter (read: manipulator) back […]
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