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 →BA: reported advance booking (May-Dec) +13% yoy, sees 4Q air tix sales +35% yoy while load factor stays above 85% in 2H, firms on 10% FY rev growth t/g. CK: reaffirms 2Q turnaround supported by higher contribution from 3 main project coupled with higher dividend income from TTW, upbeat 3Q earnings from CKP’s hydro pp […]
Read More →ALL reported Bt263.67m default on debt payment with KKP. Comment: It’s a dead man walking, should be bankrupt. BDMS targets 6-8% full year revenue growth driven by higher fly-in patients from Middle-East, CLMV and China, target 2H OCC above 67% from 62% in 1H on seasonal, broader segment coverage from health insurance & SSO. EA […]
Read More →ADVANC sets 4-6% EBITDA growth target, excluding 3BB, expects virtual banking license by 2Q23. Comment: They should exclude 3bb as they can’t pay on time.. BCH reaffirms Bt13b full year revenue target driven by higher IPD & OPD traffic yoy, larger contribution from international patients via 3 hospitals in Chiangrai province due to PM 2.5 […]
Read More →BEM sees YTD average toll way traffic near pre-covid level 1m trips/day, expects MRT ridership gradually recovery from current 200k/day as virus eased, adding more visa contactless payment devices at tollway & MRT to boost traffic. Comment: Google Mobility shows that Thai’s visits to retail and recreation are higher today than pre-covid. But no one […]
Read More →AOT: sees earnings at trough cycle, expects FY22 loss narrow to Bt4b from Bt15b loss this year, target 62.3m passenger arrival in FY22 & 116m FY23. CPN: opening 2 malls this week, Central Sriracha on Wed & Cental Ayudhaya on Saturday, reassure FY21 earnings no less than last year. Comment: They are the giant in […]
Read More →Notable Transactions Buy(s) THB 6.2 bn JMART – He’s kept buying back shares. In the coming weeks we’re going to hear more about the capital restructuring of the company. GRAMMY – And another flailing old company that has decided to call themselves a “tech company” changes its listing status via a restructuring and boom. GLOCON […]
Read More →AOT said 31 international airlines give nods to inbound flights on Phuket sandbox begins July 1. Comment: I still hold to the viewpoint that we’ll see a parabolic rise in travelers. Slow at first and then boom. IVL completed acquisition of rPET assets of CarbonLite Holding and its subsidiary in Texas, taken charge of the […]
Read More →BANPU sees 2H turnaround from recover coal sales volume and higher selling price from improving demand from China and Vietnam. Comment: If only it were a true coal play… BGRIM upbeats 3Q earnings from low gas price, sees electricity demand from industrial clients gradually back to normal posted reopening, seeks M&A to boost inorganic growth. […]
Read More →ACG moves from MAI to SET under auto sector, effective from July 1 onwards. BDMS has entered into an agreement with China-based Ping An Health Insurance to tap the lucrative Chinese medical tourist market, target Bt1-2b p.a. in revenue. BWG board approved listing of renewable pp subsidiary, Earth Tech Environment, on MAI, expects 2H turnaround […]
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