BCP to collect a large amount of used cooking oil for use as a raw mat for its commercial production of sustainable aviation fuel (SAF) next year. EGCO expects its share purchase of US-based Apex Clean Energy Hld to increase its renewable power proportion to 30% by 2030 as it seeks to promote clean energy. […]
Read More →BANPU teams up with APAC Sustainable & Decarbonization Infra Equity Fund sponsored by Aravest & SMBC Group to jointly fund $145m investment in Amp Co, a JPN renewable solution firm, to develop solar & wind project combined 800 mw in JPN. BGRIM mulls expand proportion of direct PPA in port, expects robust demand growth for […]
Read More →ASK targets 5% FY24 loan growth from Bt75b outstanding loanbook at end of FY23, aims to protect market position of leading new commercial vehicle HP, expands title loan product to boost yield, expects FY24 NPL edge below 5% from current 5.2% at end of 1Q. Comment: Wasn’t this the company that raised a tonne of […]
Read More →ADVANC reports 1Q after closes, Bt7.22b consensus, on higher ARPU. BTG sets up Betagro Ventures a new corporate venture arm to incubate new food and agriculture tech ventures, expecting to spur innovation across its ecosystem. Comment: They’ve run out of ideas.. BGRIM sets up B.Grim Power Future Solution (BGPFS) to jointly invest in 80mw solar […]
Read More →On the road for 4 of 5 weeks – great time for random thoughts and notes… Commodity cycle for dummies Owned the commodity names from 2020-2023, then own the capex beneficiaries of the commodity names from 2024-2027, then own the names that benefit from the decline of commodity prices as supply hits the globe, 2028-2035, […]
Read More →HMPRO collabs with BAY’s consumer unit, Krungsri Consumers, to launch BNPL service, Home Pay by Krungsri Genesis, for HMPRO’s clients, target 120k new account this year. JMART sees another record high profit this year driven by robust mobile sales on the back of shopping tax rebate stimulus, growth from recently acquired Tee-Noi hot pot restaurant, […]
Read More →ASAP reaffirms big jump 4Q supported by robust car rental on holiday season, S-Curve from 51% holding in Changan EV dealership business (Eternity@One), expects 1k vehicles bk during 2 week event, Motor Expo 2023, Nov 30-Dec 11, firms on Bt3.8b FY revenue target, will add 45 showrooms next year. Comment: I’ve enjoyed my conversations w/ […]
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 →AH sees strong growth in EV related business next year, with 12-month advanced orders, boosting capacity to 100%, and solid growth in its MG dealership. Comment: Well….EVs are great for the dealers – people will buy the cars, believe that they are great for 1-2 years, then the batteries die off, and will have to […]
Read More →AMATA: secured Bt150m financial assistance from EXIM Bank to develop 410 hectare Amata Smart & Eco City in Na Toey, Laos. Comment: Laos? For what? No one uses Laos as a real manufacturing base… BAY: Card unit, Krungsri Consumer, reported 1H23 card spending +13% yoy to Bt173b, new loans +6% yoy to Bt44b, keeps Bt350b […]
Read More →