3BBIF said BBL has accepted for consideration adjusting interest rate and extending payment terms, while ADVANC is confident downtrend in interest rate is helping the case. Comment: I have read, from people far smarter than I am, that the US Fed will cut rates in July & Sept – purely for optics…and if that’s the […]
Read More →CCP sets 3 year CAGR at 10%, on core business and cost control, with Bt1.6b backlog to gradually realize, eyes Bt2.5b worth of new project, targeting 50% success rate, and firms on Bt3.3b revenue target this year. Comment: A smaller construction material provider…nothing too attractive here on paper… CENTEL sees hotel business growth at 20% […]
Read More →AH sees rising opportunity for EV parts orders and Changan dealership shows strong growth, sets Bt800m capex this year. Comment: Sure – but again – total volume growth isn’t there, it’s just replacement for the domestic market. BAFS sets Bt1.2b capex for project to connect pipeline with Thappline in Bang Pa-in, contract by 1H24 and […]
Read More →Notable Transactions Buy(s) THB 208 mn Sell(s) THB 110 mn
Read More →It’s songkran holiday week & people are already gone on holidays…but…the market has a lot going on for it. (note i’m posting this on the 11th April), governments announcing the budget, digital wallets, and property stimulus – same game different decade….
Read More →AMA raised land transport utilization to 85% from 80%, better April than Jan, on higher rate and margin, brighter 2Q post vessel maintenance, adding new vessel in 2H. AP reports Bt17.5b 1Q presales, on higher demand in all segment, plans 22 new projects in 2Q worth Bt27.7b. CHAYO bought Bt29.04m of bad debts in 1Q, […]
Read More →ASW recorded Bt6,269m 1Q sales, +65% yoy and account for 35% of Bt17,800m FY24 target, its “Title” jv project has 50% booked and Title Serenity NaiYang Phuket attracts lots of interest, plans 2 projects worth Bt2,460m in 2Q. COCOCO reaffirms 30-40% revenue growth target this year, on rising demand for coconut water and related products, […]
Read More →BAFS sees 1Q jet refueling vol +17% yoy, expects positive momentum carry thru 2Q supported by travel demand during Songkran holiday. Comment: And it continues to grow and grow and grow. BDMS invests in TH healthcare start-up, CARIVA, for AI-driven personalized diagnosis, provides precision healthcare thru AI interpretation of lab tests, genomics and disease diagnosis, […]
Read More →ABM: AGE raised holding by 0.2802% to 5.24% on Mar 28. Comment: Why is AGE buying into a loss-making, above BV bio mass co? AOT: Coral Finest Business Class Lounge (Cocoon), International Concourse C, SIA received Pioneer of the Year award from Priority Pass for unique & innovative services, Miracle Lounge Domestic Concourse D, SIA […]
Read More →