ASK keeps Bt37b FY loan target after logged Bt18.14b in 1H, improves debt service ability and high seasonal in 4Q to boost earnings. Comment: And because of their product/customer base, NPLs are not going to mimic what has been seen in the motorcycle space BA reaffirms Bt8b revenue target this year, 2.6m passengers, on tourism […]
Read More →Chief of ADVANC’s pushing the NBTC to decide whether to approve or decline the TRUE-DTAC mega merger, noting that the agency has the legal authority to do so. Comment: The NBTC is having a field day collecting payments from all the groups. AQUA in collab with THR, a unit of THG, opens the Hills Rehab […]
Read More →BA to launch Bt14.3b BAREIT, offering 1st year yield at 8.46% with Samui Airport as main asset, and plan to add on airports in Trad, Sukhothai and oversea airports. Comment: The samui airport is just a license to print money for this family. I’d argue it has limited the development of Samui. BYD sees return […]
Read More →BA submitted filing to SEC to establish BA airport leasehold REIT (BAREIT) to invest in its Samui int’l airport, fund size up to Bt14.3b. BANPU invests US$150m in healthcare fund in U.S. as founding partner. Comment: Wait what? Someone go take over BANPU, their capital allocation is frustrating.. BBLAM, who manages JASIF, said ADVANC’s plan […]
Read More →ANAN says no impact from Bt60.77m investment in 225k KUB Coins as price plunged, got guarantee price buy back from Bitkub Blockchain Tech, Bangkokbiznews. Comment: BItkub seems to have quite a few buyback guarantees out there, how are they going to finance this? A cap raise? Or is this what SCB found in their DD […]
Read More →AS: local fund, BBLAM, raised holding by 0.4382% to 5.0033% of total outstanding on January 27. Comment: It’s a bit late to be adding no? But I’ve been totally wrong on AS over the past 2 years, why? I remember all my meetings with them from 2010-2020 and didn’t think management would be able to […]
Read More →AAV’s 1.714b new shares from RO 5.7625:1 @ Bt 1.75/share tradable today. Comment: Apparently the WHO has said that they recommend for countries to relax travel restrictions and remove the vax passports last night, hooray! BA to resume 2 daily flights from SIA to Phuket to support sandbox & sealed route scheme from February 1. […]
Read More →Thai AirAsia (TAA) has announced mass layoffs, extended furloughs, and cut its fleet by 10% after struggling with the impact of the pandemic, despite the country’s reopening on Nov 1 Comment: And just after they said expected a full recovery BA will reduce fleets size to 35 aircrafts next year from current 38, return additional […]
Read More →BA to resume Samui-Phuket route, from Aug 25, will return 1 lease aircraft this year and 6 in FY22 lower fleet size to 32 from current 39 by end of next year. Comment: Airlines are (were?) a fantastic reopening play. BANPU sees solid 3Q from high gas and coal price, and revenue contribution from El […]
Read More →ADVANC secures official broadcaster right for Toyko Olympics on AIS Play for all matches. Comment: This is slowly taking True’s market share. AIS Play is fantastic for sports today versus True especially on a price comparison basis. BA to suspend BKK-Samui route from Jul 21 and postpone resumption of 5 other routes. Comment: I know […]
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