AOT’s firm on solid 2H24 (April – Sept), pax at 6 airports to exceed 120m target, sets 140m target next year, pre-covid level, mulls seeking board approval for interim dividend, while bids for 3rd ground operators to start in Jul, with AOTGA to participate, sees Bt2-3b revenue from 3rd phase expansion at Donmuang to cater […]
Read More →AOT: Spanish LCC, Iberojet, will begin a weekly flight Madrid-Bangkok (SIA) as its first destination in Asia, start on May 30th, will increase twice-weekly flights in early Oct. Comment: And you doubt Thailand’s tourism renaissance. KBANK sees debt service ability of top 50 corporate clients remain strong, discontinued unsecured p-loan to prevent surge in bad […]
Read More →ASK targets 5% FY24 loan growth from Bt75b outstanding loanbook at end of FY23, aims to protect market position of leading new commercial vehicle HP, expands title loan product to boost yield, expects FY24 NPL edge below 5% from current 5.2% at end of 1Q. Comment: Wasn’t this the company that raised a tonne of […]
Read More →Heyyy looooooookkkk it’s only down a little bit….urgh. Random thoughts:
Read More →Notable Transactions Buy(s) THB 196 mn Sell(s) THB 187 mn
Read More →Week 20/05 – 24/05 acb.vn, acv.vn, bcm.vn, bid.vn, cii.vn, dcm.vn, hbc.vn, idc.vn, lpb.vn, nlg.vn, nvl.vn Company ACB VN: June 3rd is the last registration day to receive 2023 cash dividends at the rate of 10% and stock dividends at the rate of 15%. ACB plans to pay cash dividends on June 13th. ACV VN: invested […]
Read More →CPN expects to attract tremendous amount of traffic to its shopping malls during Thailand’s Pride Celebration 2024 which it hosts in June, as data from TAT shows this segment spends 40% more than avg tourists in general with preferences for luxurious lifestyles. OR sees solid 2Q from tourism, Bt0.70-Bt1.2/liter marketing margin, $80-85/bbl, sets Bt23b capex […]
Read More →BLAND wants to develop Muang Thong Thani as a smart city district, with plans to build a new seafood and fruit centre offering goods at affordable price to attract tourists to Nonthaburi, banking on the Pink Line monorail service that is scheduled to start running there next year. Comment: It’s been a multi decade play […]
Read More →Week 06/05 – 10/05 This is a catch up post from 2 weeks, ago, 4 corporate news items caught my eye… ADVANC sets 13-15% revenue growth target this year, takeover of 3BB to help doubling its broadband revenue, data business venture with GULF to COD 1Q25, but sees slower 2Q23 on seasonal. Comment: The new […]
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