BAY is also to report today, Bt8.207b 4Q22, and Bt29.84b FY22 consensus. Comment: Perhaps the best managed bank in the country over the past few years. COM7 mulls expanding house brand products portfolio from <10% of mobile accessories sales to >25% in FY23 to boost margin, utilize existing shelf spaces. Comment: so they’re going to […]
Read More →BAY teams up online payment processing platform (Stripe) to expand ecommerce payment solutions & online transactions. Comment: Now that’s an interesting development. CWT acquires 8mw bio-mass power plants in Sa Kaeo province from IEC for Bt238m. DMT reaffirms solid 4Q22 after average daily tollway traffic topped 103k trips/day thanks to recovery traffic at Don Muang […]
Read More →ADVANC mulls collaboration with KTB to launch Virtual Bank, to capitalize on its >50 customer bases. Comment: So they no longer partner with SCB that always wants to go alone and if they work with KTB and get access to the Pao-tang app, then well, game over for every other player. BAY’s consumer credit unit, […]
Read More →BAM anticipates 2 year high earnings from lower provision, will wrap up NPA land sales to SENA in 2H, mulls establish distressed assets management venture with finance to boost revenue. Comment: Well I think that we can all guess that BAM and KTB should/will partner. BAY’s card unit, Krungsri Consumer, reported Bt153b card spending during […]
Read More →BAY targets 3-5% FY22 loan growth, NPL <2.6%, teams up MUFG to expand corporate loans in ASEAN, no plans to set up jv on distressed assets management. Comment: That’s because BAY has been far more prudent compared to other banks. If you look at what else MUFG has in the region, you’ll see how BAY […]
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 →Thai AirAsia (TAA) predicts full recovery for Thai tourism in the next 2 years as international borders will gradually be opened by next year, while passenger traffic has yet to resume despite the country’s reopening on November 1. Comment: Depends upon the definition of a full recovery. But w/o a doubt I still think tourism […]
Read More →ADVANC agreed to pay Bt448m to settle Bt50b dispute with NT, paying ways for future collaboration. Comment: All of these lawsuits will be settled due to the new owners. APCO launches antiviral supplement, MyLife100, out on sales October 1. Comment: And these snakeoil salesmen have another bunch of rubbish supplements for you to try. BAY’s […]
Read More →BAFS signs JV OR to establish Global Aero Associates to expand jet fuel services in U-Ta-Pao airport EEC, target cod FY25. Comment: Just imagine the scenario in 5-10 years. Don Muang booming, Suvarnabhumi booming, and U-ta-pao benefiting from the EEC and growth of the Eastern Seaboard region. And then figure out what you would pay […]
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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