AOT: Etihad to open link from UK to 7 Asian cities via its Abu Dhabi hub, will start direct flight to Krabi from Oct 2025 follow by Chiang Mai from Nov. Comment: Etihad vs Emirates, lfg! tourism will continue to boon in Thailand. BA sees advance booking from 4Q24 till end of 1H25 +12% yoy, […]
Read More →AOT: Malaysia based, Batik Air, cod daily direct flights btw BKK (DMK) – Johor Bahru, effective Dec 1. Comment: There’s more and more flights coming…still another +20-30% to reach the same # of flights as 2019. EA to issue up to 4.97b new shares to accommodate cash call via RO 3.73b shares at 1:1 at […]
Read More →BAM: ARI-AMC, a venture company between Government Saving Bank & BAM will buy first lot of distressed assets in 4Q, target unsecured loan at 1st phase, 2nd jv with KBANK is under way, expects to get license from BOT by end of year. Comment: This is going to be a multi-year process, it makes zero […]
Read More →BTG’s subsidiary, Betagro Food, acquires HK listed Eggriculture to gain exposure on fresh egg & egg products distribution in Spore. CIVIL signed construction contract for Huai Chalom reservoir project valued at Bt711.7m. COM7 changed the period for ending share repurchase program from original date of Jul 1 to Dec 31, revised to Jul 1 to […]
Read More →ITD expects to win Bt18.7b 16.2km Chatuchot-Lamlukka expressway project from Expressway Authority (EXAT) on an upcoming official announcement today. Comment: Wait……isn’t ITD a bankrupt panther killer, how on earth could a government agency give this project to them? JPARK: CEO, Santipol jenwattanaphaisarn, sold big-lot 39.9m shares (9.97% of paid-up) @ Bt6.35 total Bt253.3m to local […]
Read More →CPALL: sees positive SSSG and wider margin qtd supported by recovery consumption, improves product mix & 7-11 branches expansion in Laos & Cambodia. Comment: How many of you were surprised by that 1Q? The dog has finally awoken. ITD: Bt122m -60% yoy, GPM fell to 7.31% from 10.8% yoy due to losses in mining project […]
Read More →CCP sets 3 year CAGR at 10%, on core business and cost control, with Bt1.6b backlog to gradually realize, eyes Bt2.5b worth of new project, targeting 50% success rate, and firms on Bt3.3b revenue target this year. Comment: A smaller construction material provider…nothing too attractive here on paper… CENTEL sees hotel business growth at 20% […]
Read More →AH sees rising opportunity for EV parts orders and Changan dealership shows strong growth, sets Bt800m capex this year. Comment: Sure – but again – total volume growth isn’t there, it’s just replacement for the domestic market. BAFS sets Bt1.2b capex for project to connect pipeline with Thappline in Bang Pa-in, contract by 1H24 and […]
Read More →BA sees 2M24 passenger traffic +17% yoy, mulls opening new routes to Prae, Mae-Sot, Had Yai and increasing flights frequency to Krabi. Comment: Yum yum for BA and Friends. BANPU offers 5 series of new bonds in May for debt repayment & working cap, 2.9%-3.1% for maturity of 2.3y, 3.5%-3.6% for 5.9y, 3.7%-3.8% for 7y, […]
Read More →CENTEL sees 16% growth in bookings in 1Q at 77% OCC, solid momentum boosted by Goverment’s Maha Songkran Festival in April. Comment: Tourism is going to continue going to the moon. You don’t realise that Thailand is the future Chinindian capital of the world EPG sees solid 4Q24 (ending Mar 24) on higher sales in […]
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