AOT said 6 airports under management recorded 119.2m pax last fiscal year ending Sept 2024, +19% yoy, expecting 129.9m this current year.

Comment: With all the expansion taking place, I can’t see any reason why pax #’s don’t increase.

BA keeps 4.5m FY passenger target after logged 2.26m in 1H, sees positive earnings momentum thru 1Q25 supported by robust advance booking +20% yoy, codeshare partnerships, lower personnel exp HoH and high season on Samui island fuel earnings.

Comment: Look at the share price of BA…it didn’t make sense when it dropped in 2018-2019…it just took time…and the #’s are great.

CBG upbeat 4Q earnings from wider market share on domestic energy drink market, boost from government handout stimulus, growth from overseas sales, improved alcohol sales on holiday season, higher contribution from new platform store (CJ More), a combination of CJ Express & CJ Supermarket, lower sugar price open upside on margin.

PRI: board approved acquisition of Prim Insurance Broker (PRIM) from ORI, total purchase price not exceed Bt11m, to expand product portfolio of real estate services.

PSL’s taken delivery of a secondhand 39,260 dwt bulk carrier, lifts fleet size to 40 vessels.

Comment: Given how the market is set up, I’m flummoxed as to why BDI rates aren’t higher.

TOP’s requesting the parent firms of construction companies comprise of Petrofac, Saipem and Samsung E&A, working on Clean Fuel Project (CFP) to settle months-long delay on wage payment to subcontractors which led to protests at the refinery in Chon Buri, mulls taking back Bt16b deposit if contractors forgo obligation or terminate contract.

Comment: When this is resolved, TOP bounces…