AOT’s 3rd runway on track to cod in July, adding more automatic channel (e-passport reader) to enhance convenience, mulls expand SIA & DMK airports capacity to handle 140m travelers p.a., expects to sell TOR by end of year.

CP Group plans to slow its investment this year, eager to harvest its outlays from recent years, CEO Suphachai Chearavanont.

Comment: Because they are cash broke, overleveraged, the cashflow from all their acquisitions in the past decade only cover interest payments (okok i’m exaggerating, but only slightly…)

ORI & MBK successfully roll over, CD sold in Jan. meet target. RML, TNITY & MQDC fell short of target, Thunhoon.

Comment: Oh (?), reminder I brain farted over this last month, Random Thoughts: Bonds | ThaiCapitalist

PTTEP’s subsidiary, PTTEP Energy Development, speeds up work to install equipment & wellhead platforms at Erawan field to increase production capacity from current 400m cuftpd to reach 800m by April 1, to avoid paying fine if fails to deliver the minimum amount required between contract signed with PTT.

Comment: Hello O&G service providers🙂

PTTGC reaffirms robust 4Q23 from Bt3.75b extra gains from disposal of 50% stake in GC Logistic to WHA, Bt1.5b gains from repurchased senior notes, sees overall chem spreads stable this year, recovery demand on specialty chem (coating, liquid resin) to provide cushion.

SOLAR eyes 15-20% FY rev growth target driven by 25mw solar project schedule to cod this year, contribution from Bt900m EPC backlog, mulls tapping in wind & hydro power to diversify earnings.