AMATA mulls revising up FY22 revenue guidance from improved land & utilities sales, Bt1.45b out of Bt4.768b backlog to realize this year, sees upside from increased FDI. AMATAV target 100% revenue growth this year from strong industrial land sales in Vietnam from manufacturing relocation, higher selling price yoy on surging demand. Comment: Low base more […]
Read More →AOT to still report net losses this year, after only 19m pax traffic in 7M22, way below 62.13 FY22 target, which soon to be revised lower. Comment: Valued as if Chinese tourists are going to be here in force in 2 months CEYE: content management, digital marketing, on/offline media solutions, Chamni’s Eye, debut IPO 70m […]
Read More →AOT sees 19m passenger arrival for 6M22 (Oct 21 – Mar 22), likely fall short of 60-70m full year target, expects Transport Ministry to approve transfer of 3 airports (Udonthani, Burirum, Krabi) from Department of Airport by end of April. Comment: Still the best monopoly play on the country’s aviation, but….yes…valuations are what they are. […]
Read More →AOT: Lufthansa & Qatar mull amp up flights to TH after CCSA scraps RT-PCR & Thailand Pass from May. Comment: Thailand has to get rid of this Thailand pass, the stupid testing protocols after arrival etc etc, but that’s just me screaming at the wall. BCH sees strong Covid services rev in 2Q from higher […]
Read More →ADVANC’s written to the NBTC to express opposition to the planned merger of its rivals TRUE and DTAC, according to a source at the regulator. Comment: The letter probably said this “we don’t want to be the #2 player, it hurts our ego” AMATA’s board approved land investment in Laos, will start develop industrial estate […]
Read More →AMR wins conversion of overhead line to underground system for Green line extension (Sukhumvit 81 – Bearing) total Bt216.5m. Comment: People that have lived in Bangkok will not even realise the changes that have been made over the past decade, and the coming 5 years. Now regarding this company, where did they come from? Anytime […]
Read More →AOT: Vietjet annced resumption of SIA – Danang route, 3 flights/week from Mar 27. Comment: VN was far stricter than Thailand in their restrictions, but I wouldn’t be surprised to see them open up far faster. Hell, even Malaysia is opening up faster than Thailand with less onerous requirements BEM: Office of Transport and Traffic […]
Read More →ADB mulls production capacity of med-grade plastic compound, sealant for construction and plastic beads for cable to capture demand, eyes 30% sales growth target. AOT: Thai Lion Air plans to resume international flights from SIA in 2Q, will open BKK-Jakarta route to serve transit passenger to JPN & India. Comment: Now if only Thailand could […]
Read More →AJA signed MOU with China Mobile International (TH) to joint operate Mobile Virtual Network Operator (MVNO), smart city, modern tech and various aspects of smart solutions. Comment: Seriously? What has this company achieved over the past 5-10 years with any of its announcements? AOT: Jetstar Asia gets nod to operate 5 weekly vaccinated travel lane […]
Read More →AAV to start accepting digital currency for payment from next year, sees 100% recovery in domestic travels in 2Q22. Comment: I can just picture royal nationalists saying that is anti-monarchy… now, I am curious to see how far these systems will go. Though for now expect for all the Thai companies accepting “digital currencies” to […]
Read More →