BRI reported 2M23 residential sales topped Bt2b, maintains launch plan 20 projects total Bt22.5b, eyes 20% FY revenue growth target above Bt13b, revenue +40% >Bt9b. CPALL sees 5-7% SSSG via 7-11, sets Bt27b capex to add 700 branches in TH & 30 in Cambodia, will debut 2 outlets in Laos this year, reassures FY interest […]
Read More →JMART to reveal JV partner for new business next week, keeps 50% revenue growth target next year, firms on Bt500b group market cap target in 2024. Comment: Well…they said on the call yesterday that they will announce a new JV that will make people surprised, in a positive way? Group target mkt cap is implied […]
Read More →CPALL to sell tix of TH Moto GP event, OR Thailand GP, via 7-11 nationwide and www.allticket.com, free practice from September 30, race day October 2. ERW expects FY22 OCC at budget hotel unit (Hop-Inn) >70%, non Hop-Inn >60%, RevPar +60% yoy, Hop Inn Bangna to open in October, Thonburi station near Icon siam & […]
Read More →AOT is expected to gain 6.5m passenger after adding 3 airports to management (Udon Thani, Krabi and Buri Ram), translated to 5-6% profit upside, Tabloid. Comment: Thailand’s airport system is actually rather fantastic. Go fly around Europe or the US, a shambles in comparison. BAFS sees clear sign of recovery this year, sets 3,000m liter […]
Read More →BCH keeps Bt17b FY revenue target supported by recovery domestic & international patients traffic, contribution from social security patients & specialty clinics, upside from Covid vaccine sales as government stockpile depleted. Comment: Not sure why we still need these flu shots… BEC mulls expand in-house studio to boost contents production, reduce costs and save time, […]
Read More →AEONTS’s 1Q23np (end of May) at Bt1.11b, -3% yoy, il/w Bt1.03b consensus. BIZ in talk partner to invest in hospital business, aims to diversify earnings from med supplies, cancer radiosurgery system, disinfection & unmanned delivery robot business. CPALL signed Lisa Blackpink as brand ambassador, citing The Standard Wealth. Comment: I suppose this is positive? DTAC’s […]
Read More →AOT: extends remedy package for concessionaires & airlines operating at 6 international airports for one more year till end of March 23. Comment: I both fully understand and fully don’t understand AOT’s price today. The bull – no competition + eventual recover, the bear – there are no tourists and they may only get to […]
Read More →BAM & RATCH are expected to be remove from MSCI index on an upcoming reshuffle announcement November 11, effective at the close of Nov 30, tabloid. Comment: And the replacements will be MAKRO and…? CPALL: anticipates 4Q turnaround from positive SSSG, expects sales jump after curfew lifted on October 31 (11pm) as sales during 7pm-10pm […]
Read More →CPALL opens the 1st store of 7-11 in Phnom Penh, Cambodia. Comment: Years in the marking and finally executed. EPG sets Bt300m capex for M&A, revamp food packaging unit & auto parts production, maintained 12-15% full year revenue growth target. GLOBAL estimated subsidiary in China, Guangxi Global House International Trade, to source products from China, […]
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 →