AAV expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares, plans adding more flights to China and India, its major driver for growth. Comment: Record earnings? With a smaller fleet? Yes folks you read that right, they’re stuffing us into their old planes, running high […]
Read More →ANAN reported disposal of 5 services apartments for Bt2.54b, expects positive transfer momentum carry thru 2H from Bt28b ready to move inventory, additional Bt11.9b scheduled to transfer next year. Comment: They still have their stake in DUSIT to dump who wants to go bid for it? BKIH: BBL cuts holding by 0.2066% to 9.9939% on […]
Read More →CPN target 10% CAGR from office division over next 5-yr aft cod 60k sq.m. Central Park offices Silom district in 2Q25, 130k sq.m. Central Park on track to cod 3Q25, Dusit residences & Dusit Parkside total 50,500 sq.m. kick-off transfer from 4Q25. Comment: If it wasn’t for the management of Dusit, this project would’ve been […]
Read More →EA joins forces with Laos government to establish super holding co., to pursue 7GW clean energy, centrally manage electricity from clean energy in Laos, oversees renewable project expansion, manage electricity exports, support the use of EV in the country to reduce crude imports. Comment: Super Holding Co in dodgy laos? Does EA think they’re going […]
Read More →AOT: HK Express will launch new route from HK to BKK (DMK) effective Apr 25 in addition to flights to BKK (SIA), Phuket, & Chiang Mai. Comment: Don’t discount the upside…the numbers are just going to continue astounding and I’m feeling rather certain that Thailand will hit another infra bottleneck within the next decade for […]
Read More →CRC sees >20% sales growth in 1Q on Easy E-Receipt program, sets Bt500m for the Great Chinese New Year 2024 from Jan 10 – Feb 20. Comment: I would like to see a government remove this type of fiscal stimulus to know what real demand is. CMAN with KMC Indian JV to build world class […]
Read More →BCH’s firm on Bt13b revenue target this year, helped by solid 3Q on seasonal. ICHI sees record sale streak extended in 3Q on higher green tea sales both domestic and abroad, to introduce new Tan San Su favors and expand OEM, raised sale target growth to 20% to Bt7.6b, from Bt7.3b. Comment: One of their […]
Read More →AP: venture co, with Mitsubishi Estates to launch Bt8.6b hi-end project, The Address Siam-Ratchadhevi, pre-sales kick-off Aug 26-27. Comment: Given that ANAN is dead, I wouldn’t be surprised to see only the “qualified” long term players in the market partner with the large Japanese investors. ICHI: revised up full year sales target to Bt7.6b frm […]
Read More →ATP30 sees solid growth in 2Q, on lower costs and returning fleet from scheduled maintenances, in talks with 3-4 new EV customers, expecting a fleet of 20-30 EVs. AURA upbeats 2H outlook from surged demand from gold trading, contribution from gold for cash business, expects jewelry sales momentum pick up 4Q on holiday season, keeps […]
Read More →ASIAN cuts FY23 revenue target to Bt10.7b from Bt13b prior from due to soft seafood & pet foods exports caused by high inventory level of overseas trading partners, keeps Bt1.3b capex plan to revamp automate pet food production line, replacing new boiler & solar rooftop to improve efficiency, reduce energy & labor costs. Comment: So […]
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