Delta Int’l Holding Ltd B.V., wholly owned by Taiwan’s Delta Electronics Inc., offers $425m in zero-coupon bonds exchangeable into shares of DELTA, zero coupon with a $100m, initial exchange premium is 35% to 45% over the reference share price, which is that of the concurrent delta placement. Comment: This is an interesting development…..old school target […]
Read More →CPN and CRC’s Central Dept Store are investing Bt500m in CNY campaign under “The Great Chinese New Year” from Jan 7 – Feb 6. CPN anticipates 1Q traffic thru malls +20% yoy supported by Easy E-Receipt shopping tax rebate stimulus. Comment: It’ll be interesting to see the 4Q24 #’s of CPN and CRC… DELTA sets […]
Read More →CHAO appointed Malaysia partner, YLF Marketing, to distribute snack products in Malaysia, Singapore & Brunei, aims to stretch revenue from abroad to 38% by FY26 from current 27%. DELTA sees stronger growth in 2H on higher EV demand in EU and AI trend in data center segment. Comment: DELTA i’ll see you at 50. MINT: […]
Read More →BJC fell 3.69% on elevated volume, as tax may rise as much as 20%, forcing it to cut FY24 projection, Tabloid. DELTA reported Bt4.31b 1Q Net Profit, +19% yoy, on strong growth in sales revenue of power electronics and mobility business segments, but missed Bt4.58b consensus. RT sees brighter prospect in 2Q, on Bt8.52b backlog […]
Read More →AMATA reaffirms solid turnaround, multiple industrial land sales contract pending to sign in the pipeline, 50% out of Bt14.2b backlog to realize this year, price hike at Chonburi & Rayong (Bt11m/rai & Bt4.5m/rai) boost margin. Comment: China + 1 (or as we say…GTFO of China strategy) helps everyone BCP: SSO cuts holding by 0.1106% to […]
Read More →BBGI: BCP raised holding by 0.0021% to 45.0014% on Mar 7. COCOCO allots Bt1.5b capex to expand production capacity of coconut juice, plant-based foods & pet food, firms on Bt6.6b FY24 revenue target, eyes Bt10b by end of FY26. DELTA sets $500-1,000m capex over 5-year, with $500m to be spent in TH and India on […]
Read More →Note: It still seems to be an incredibly quiet news period. PTTGC t/g chem sales +7-10% yoy on shorter period of maintain shutdown, higher contribution from Allnex on improved demand for coating for auto, metal and packaging, sees FY PE spread higher yoy, set US$150m FY24 capex to increase proportion of HVA products. Comment: Yawnzz […]
Read More →AH target 10-12% FY24 revenue growth driven by 3 jv with strategic partners in auto parts biz group, clean exhaust system under partnership with Purem by Eberspaecher, upside from 4-5 EV parts deals and Isuzu plans to use Thailand to be EV hub. Comment: It has zero net volume growth to AH. Instead people should […]
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 →BGRIM cod 140mw co-gen powerplant Bgrim Power Ang Thong 3 (BGPAT3), lift total capacity to 3,970mw from coded project. CHAYO mulls selling IPO of nano finance subsidiary, Chayo Capital (CCAP), up to 25% of paid-up, enable to CCAP to access various form of funding by themselves, flexibility in accessing funding sources, increases growth opportunity thru […]
Read More →