GULF: INTUCH amalgamation deal to complete early 2Q25, sets Bt70b capex plan over next 5 years on new power project that already won license for construction as well as M&A on overseas power & natural gas project, new data center & private cloud solution (Google Distributed Cloud air-gapped) on track to cod in Apr 2025 […]
Read More →And earnings season is done Random Thoughts: 3Q24 #’s | ThaiCapitalist, YoY the #s were more red than green, but perhaps, just perhaps 2Q-3Qq24 was the bottom for economic performance and domestic listed company performance. Could we see upgrades – for EPS #s going forward, I bet yes…BUT Bear story – we all know this […]
Read More →Notable Transactions Buy(s) THB 67 mn Sell(s) THB 60 mn
Read More →ALT plans to roll out submarine cable station rental service in Satun province to support Data Center Interconnect (DCI) between Vietnam, Malaysia & Singapore. Comment: How could a company of ALT’s “standing” be considered for an important contract such as this? AOT: FY24 net profit (end of Sept) @ Bt19.18b, +119% yoy; missed Bt19.54b consensus […]
Read More →ASIAN revised down FY revenue target to Bt10.2b from Bt10.5b prior due to suspension of fish feed production in 3Q and flat shrimp sales yoy, sales revenue from frozen seafoods drop from softer demand from European market. Comment: Is the recovery bump now over? GUNKUL raised holding in 30.9mw solar subsidiary, Gunkul Chubu Powergen (GCPG), […]
Read More →AOT: Malaysia based Batik Air will introduce new direct service btw Johor Bahru & Bangkok on Dec 1, 24. On separate note, ITA Airways has started direct flight btw Rome-BKK on Nov 17 and will extend til mid-2025, from initial plan for only during the cool season. Comment: The # of planes are in the […]
Read More →A quick summary of the companies and ….awful predominately predicated around the petrochemical co’s and energy companies. My expert analysis says – it’s been a shitty 12 months for listed Thai entities. Note: These aren’t all companies listed on the SET/MAI
Read More →DOHOME sees positive SSSG in Oct-Nov supported by resumption of government project following government budget disbursement started in Oct, surged demand for home improvement upcountry posted harvest season, expects GPM widen in 4Q to 17% vs 16.4% in 3Q from stable steel price, sets Bt450m capex to open 3 branches next year (2 in 2Q25 […]
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