CK sees big jump next year driven by record high construction backlog above Bt220b, higher contribution from subsidiaries (BEM & CKP) and dividend income from TTW, sees new S-curve next year supported by new project including Bt35b double deck Ngamwongwarn-Rama 9 (EIA approved), Bt27b south purple MRT Tao Poon-Ratchburana and Bt47.52b Bang Khun Thian-Bang Bua Thong.

Comment: CK is happily gobbling up the projects that ITD and UNIQ used to be able to compete for.

KTC upbeats 4Q earnings from robust card spending on seasonal, expects spending accelerate supported by mutual fund & insurance purchase for tax saving ahead of year end, sees NPL stable within 2% range, in talk with large mobile phone operator to access big data to prepare for virtual banking.

Comment: And they’ll loveeee all the interest received on late payments and installment payments

SISB sets Bt300m capex to develop 7th campus, SISB International Rungsit, can accommodate up to 1,000 students, aims to capture new market from lower admission fee by 35% from normal at rate at Bt500k-600k/semester.

Comment: What is priced in now?

SKY’s firm on Bt6b revenue target this year, target Bt9b next year on M&A deal to expand its core aviation business, sees potential in labour sourcing business under its JV, Metthier.

Comment: Perhaps I should just bite the bullet and call this the crony play on thai tourism…and go all in as it may just become a mini-GULF.

TOA announced buyback, up to 60m shares (2.96% of paid-up) under Bt1.3b budget from Dec 11 till Jun 10, 2025.

Comment: Another insider trading noise…from the family….apple doesn’t seem to fall far from the tree. Look folks…the SEC can track real time on your phone what you’re trading and where you are trading from…don’t be stupid…