AOT: S.KR LCC, Eastar Jet, will resume daily flights from Busa to Chiang Mai, effective Dec 19. BEM sees MRT ridership accelerates in 4Q supported by a 10 day event Vegetarian Fest in China town, Book fair at Queen Sirikit National Convention Center, improved traffic at Lumpini park & Silom stations from cod-ed of One […]
Read More →CAZ reported 4 EPC contracts signed total Bt798.43m. DELTA setups overseas unit, Delta Electronics Philippines (DEP), to distribute power management products, automations & data center & network equipment. Comment: We can laugh at the impact of DELTA has on the thai market, but they have grown their profits by 3x over the past 4 years. […]
Read More →ADVANC: 3Qnp at Bt 6.03b -5.4% yoy; missed Bt 6.42b consensus, core service revenue +1% yoy; -0.5% qoq as inflation eroded purchasing power on price sensitive mobile users. Comment: Far better than DTAC & TRUE…for now… CAZ: awarded 2 construction contracts total Bt 143m. IVL: joins bidding race against Bain Capital & CVC for PET […]
Read More →BE8 reassures solid 2H after completed M&A tech integration, X10 IT Resource, Bt713m backlog from corporate transformation projects pending to realize, additional M&A cyber security, Bay Computing (BAYCOM), to complete next year, expects to enhance competitiveness from one-stop digital transformation solution, larger ecosystem. Comment: The thai tech scene has been boominggggggggg. Though at one point […]
Read More →AOT to pay full rental to Treasury Department, from 50% during covid, if govt declares an endemic from July 1. Comment: Here is the dirty little secret. When the government finally declares its an endemic. Then all the discounts and delays in payments that companies had during COVID are gone. BC’s indirect subsidiary, Bespoke Life […]
Read More →Eleven Thai chicken factories, including 6 of CPF, have been given permission by Saudi Arabia to export chilled and frozen fresh chicken, effective as of March 13, after 18 year suspension. Comment: CPF, GFPT and friends are going to benefit from this. CAZ signed 2 contracts to develop LNG receiving terminal & civil work projects […]
Read More →BAM launches NPAs sales campaign Mar 1-31, 1,000 property up on showcase event, offering free transfer, interest free first 12 month, Bt20k discount via online purchase via Shopee-Lazada, cash back program. BANPU expects to report 10 year high profit this year from strong coal selling price, Bt5b gains on disposal of 47.5% holding in Sunseap […]
Read More →AEONTS reports 1Q20 (end of-May) at Bt530m, -46% yoy, TFRS9 & positive impact from lockdown weighed. Comment: Can’t wait to see KTC’s #’s. AP records Bt12.81b presales in horizontal projects 1H20, or 60% of full year target of Bt22.5b. Comment: Every major property developer has shown great presale figures for housing projects during 2Q, the question […]
Read More →ATP30 ATP30’s management targets revenue growth of 10% this year, focusing on customers in industrial estates. It is working hard to widen margin via cost control with target margin of 27%. It will provide service to a new customer in February. It plans to purchase ten service buses this year. (Thun Hoon, 22/1/19) Comment: Rather […]
Read More →BA SEC punishes top BA shareholders. The Securities and Exchange Commission (SEC) has imposed fines totaling Bt500mn against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation. (Bangkok Post, 19/1/19) Comment: Isn’t it silly? Not the SEC, the founder(s) of BDMS and BA. Their official paper net […]
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