AOT recorded 11.1m travelers @ its 6 airports in Feb, +4% yoy. Foreign tourist arrivals -0.4% in the week ended Mar 16, with 8.3m total YTD, +3.9% yoy. Comment: There is zero issue with tourism to Thailand…and just wait until there’s more capacity available…the issue for AOT is the link to King Power whom hasn’t […]
Read More →BANPU’s preparing two gas-fired power plants in the US to capitalize on an upward trend in forward power price within the Texas market, which are expected to nearly double in 2025. BCP: Capital Asia Investments cuts holding by 9% to 4.8612% on Mar 5. Comment: Yes – but it’s been switched between the same parties. […]
Read More →BH expects FY24 profit tops Bt7b registered last year after logged Bt3.9b in 1H, sees 3Q momentum remain solid from robust traffic from fly-in patients, local patients on rainy season, keeps focus on medical advancement & healthcare technology to boost margin. Comment: Its their expansion plans that the market is pricing in. CPF buys 65% […]
Read More →CPF & GFPT are expected to recovered windfall from surged chicken exports order to JPN aft first bird flu outbreak of the season found at poultry farm in Hokkaido. Comment: Everyone will be massively surprised by how great the margins are from GPFT and CPF’s (core business) for the 3Q LTS signed exclusive dealer with […]
Read More →BEM sees positive profit momentum thru 3Q from continuous ridership growth on Blue line MRT supported by full quarter of the academic year & tourism, tollway traffic remain Comment: Printing $ BGRIM signed MOU with BKK Industrial Gas (BIG) to study feasibility to replace fossil fuels with green hydrogen for power plant, target net zero […]
Read More →CPF’s top line drivers could improve with higher sales price of swine & poultry, and better expected volume of livestock brightening mid-term Outlook. International sales, 60% of revenue, remain key to expansion, BI. Comment: It’s going to be better than you expect…. BYD’s chairman said heard about report that EA’s selling TSB to raise fund […]
Read More →ALLY reaffirms 2Q turnaround from eased interest burden after re-payment, contribution from new asset on board, Happy Avenue, small sized community mall Donmuang district. CPF could see flagging sales at its China pork biz on China’s anti-dumping probe on imports from EU, with any gains probably minuscule. CPF’s livestock sales from China -36% yoy, account […]
Read More →BGRIM Holding, a unit of BGRIM, has acquired the 30-mw Malacha hydropower plant in Northern California from Brookfield Renewable US and affiliates for Bt2.5b, sees immediate rev recognition in the tune of Bt300-400m p.a. Comment: Perhaps we should protest in front of BGRIM’s offices for contributing to higher energy prices. SGP keeps FY LPG sales […]
Read More →AH anticipates positive earnings momentum continue next year driven by robust growth from EV parts orders, contribution from subsidiary (Able EV), Changan dealership business. Comment: Still find it ridiculous that Thailand is going down this EV route. I’ll happily bet that Hydrogen>EV in the next decade. ANI: freight forwarder, Asia Network International, major holding by […]
Read More →ADVANC completed successful testing of 5G standalone (5G SA) roaming with Deutsche Telekom Global Carrier & T-Mobile, completing 5G SA roaming btw the US and Switzerland and the US and Thailand. ARIN: local fund, KKPAM, purged entire holding 21.6666% on Dec 8. Comment: News appears to be misleading here, it’s most likely a transfer from […]
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