CBG: convenience store unit, CJ Express, postpone listing from prior schedule on 2H23 to next 1-2 years, Daily news. Comment: Ouch, does this imply that upcountry spending is far worse than we know? EGCO in collaboration with BoCo Rock Windfarm, a unit of Mitsubishi, to produce hydrogen from power plant with 113MW capacity. BoCo’s current […]
Read More →AAV will resume 4 weekly flights from BKK (DMK) to Colombo starting Jul 9, mulls going daily during peak holiday season in Dec. AOT’s has ordered a safety check on every moving walkway at BKK’s Don Mueang airport, following an incident in which a woman lost a part of her left leg after falling on […]
Read More →CPALL anticipates 2H turnaround from eased financial burden after refinance MAKRO deal, target 700 new 7-11 branches by end of year after opened 209 in 1Q, target 100 outlets in Cambodia by end of year, debuts first 7-11 branch in Laos this year, ramp up promo on 7-11 Delivery & All Online to boost sales, […]
Read More →BGC reaffirms solid turnaround from robust demand for F&B packaging from improved local consumption & tourism, tailwind from Songkran festive & domestic travel stimulus, wider margin from lower energy costs, eyes 10% full year revenue growth target. Comment: Earnings haven’t gone anywhere for the past 5 years, and Singha group has an issue since the […]
Read More →ASW plans 12 new projects worth Bt22.5b, sets Bt15b presales target and Bt7.2b revenue, Bt12.9b backlog, sets Bt400m capex for non-property business. AU sees solid 4Q22 on higher tourist numbers and seasonal, boosting FY22 growth to >25% target, mulls new products, 5 new branches, including 2 in HK this year. Comment: And every quarter is […]
Read More →Notable Transactions Buy(s) THB 428 mn Sell(s) THB 780 mn
Read More →24CS: building engineering contractor specialize in electrical, air vent, telco and sanitary system, 24 Con & Supply, debuts 130m shares at Bt 3.4/share, UOB leads. Comment: Now that’s an IPO! ASIAN upbeats outlook from accelerated OEM pet food orders as international clients expand house brand products to boost margin, sees tuna & seafood business remained […]
Read More →AUCT sees repossessed vehicles traffic accelerates thru auction yard aft debts relief prog phased out since July, expects FY22 traffic in the system above 300k vehicles. Comment: And they’ve increased the fee that they charge…. BAM reaffirms Bt4b cash collection target in 3Q, will announce JV distressed assets management venture on July 29, sees earnings […]
Read More →GULF: keeps 80% FY22 revenue growth target from higher capacity yoy, full year recognition of GSRC unit 1/2/3, contribution from INTUCH, sets Bt120b 5-year capex FY22-26 (60% for renewable, 20% large pp, 10% digital biz, 5% infra, 5% LNG), will conclude 2-3 M&A overseas pp by end of year, keeps investment plan in blockchain ecosystems […]
Read More →BANPU acquires Barnett shale field in Texas with gas production capacity of 225mmscfd from Exxon Mobil for US$750m, lifts total gas production in the US to more than 900mmscfd. Comment: Ya ya ya, share price would’ve been far higher…ok time for me to move on from whining about last year’s recap. Once BANPU has finished […]
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