ANAN reports Bt3,979m 1Q21 pre-sales, 17% higher than target, thanked to 100% sold-out of one condo projects, sees solid demand for condo along mass transit lines. Comment: Sold out one project @ cost? BEAUTY develops new business model, by securing distribution channel via retail outlets in provincial areas, sets to appoint 8 large distributors, covering […]
Read More →7UP sees rising water sales in Phuket, after Provincial Waterworks Authority cancelled 7 contracts with 7 private firms with 18K m3/day contracts, while water treatment contract with CPF sees solid growth, firm on 50% revenue growth this year. BJC launches BIGC vending machines, target factory workers, industrial estates, hospitals. CHAYO target FY21 revenue growth >25% […]
Read More →AMATAV sees big jump in profit this year, supported by 50-50 hectare land sales in 2 IE in Vietnam, boosting rev by Bt1b, sets Bt3-5b capex. Comment: Years of promise and nothing delivered. Vietnam already exports more than Thailand and yet AMATAV is nowhere. CPF signed MOU with Maejo University (MJU) a branch of TH’s […]
Read More →AGE eyes 5.5m tons FY21 coal sales volume target from recovery demand in SEA, seeks to branch out from coal sales & transport to logistics & renewable energy to diversify risk, target full year revenue >Bt11b. Comment: Realise that they benefit from the rising coal price environment seen since the end of 3Q20 (coal prices […]
Read More →AGE reaffirms big jump 4Q20 from strong coal exports to China, logged FY20 sales volume above 3.5mt target, 1m tons backlog to realize till eo-2Q21, mulls to add vessels and trucks to boost transport revenue, seeks to expand power business. Comment: I used to refer to them as baby banpu pre-2010. But they are traders […]
Read More →CK wins 2 tollway maintenance contracts (Si Rat – Outer Ring & Udon Ratthaya Expressway) from BEM total Bt1.005b. DTAC’s offering up to Bt3,500 worth of compensation to subscribers unable to sign up for government’s 50-50 co-payment scheme due to technical glitches in its online systems yesterday morning. Comment: Well done DTAC, they’re going to […]
Read More →ADVANC target BB market shares growth no less than 20% next year from current 1.35m AIS Fiber subscribers, keen on improving customers experience to mitigate price war. ALT: branch out from turnkey 5G network installation to infra & state enterprise, expects to awards railway network projects from State Railway early next year. BR: local fund, […]
Read More →AWC: cod 72 villas luxury resort, Banyan Tree Krabi. BBL, KBANK, TISCO passed BOT’s stress test, expects official announcement from BOT within next few days, tabloid. Comment: BBL and KBANK both raised capital, TISCO hasn’t yet, I wouldn’t be surprised to see them require new capital next year. GULF: confirms cod schedule of 2.5k mw […]
Read More →AEONTS: 2Q21np (end of Aug20) at Bt 966m +82.3% qoq, +2.6% yoy, beats Bt 836m consensus, pays interim Bt 1.85 dps, XD Oct 19. Comment: A surprise for the market, people are still paying the minimum requirements on the loans/cards. Will this lead to more excitement into SAWAD and MTC? What about 2021 when the […]
Read More →Government Saving Bank appointed TMB to be FA for acquisition of iBank’s leasing subsidiary, AMANAH, to expand non-bank auto title loan business, finalized by end of October. Comment: So is this the vehicle that the government will use to supply liquidity to the country? CHAYO: board approved moving from MAI to SET, will proceed after […]
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