AH eyes 3-5% full year sales growth target driven by larger auto parts orders from establishment of 2-3 Chinese BEV manufacturing plants in TH, sets Bt400m capex to build new plant to accommodate orders from new clients, target cod by end of FY25. GULF: digital assets unit, Gulf Binance, begins digital asset exchange & brokerage […]
Read More →AU sets Bt127m capex this year for 12 new branches, including 1st in Cambodia, sets 10-15% revenue growth target. Comment: Now this interesting….Trading at THB 300mn/store (off the top of my head don’t quote me), and capex/store is THB 10 mn CPN said progress in 5 mix-used projects and business expansion in Vietnam to help […]
Read More →I already feel like I’m on holiday mode, I believe the market is the same mood. It’ll be the last week of the year that I’ll post. Let’s see what happens. But Thailand continues to be a dog dog dog. Normally you’d see 1/2 the market green over 12 months and the other 1/2 red […]
Read More →EV booking during Nov 29 – Dec 5 at 22,461, +66% yoy, boosting related businesses like WHA, COM7, ASAP, NYT and SJWD, Tabloid. ITD dodged default on 2 tranches of CD (ITD24DA & ITD24DB) due on Dec 4 aft securing financial assistance from 5 banks, failing to meet next payment on Bt2b CD will be […]
Read More →ACE to expand private PPA, sees growth there, to sign PPA for 18 alternative energy power plants by Oct, boosting capacity to 112.73MW. AMATA reaffirms 2,250 rai land sales target, entering high season, sees no impact from political impasse, as long as it’s peaceful. ITD with China Raiway jv won Bt9.34b railway construction contract in […]
Read More →BJC mulls adding Covid medications via 146 branches of Pure Pharmacy and Siri Pharma nationwide after National Communicable Disease Committee allowed hospitals, clinics & drug stores can procure Covid medicines from September 1. Comment: Coming to you from the family whose insurance company screwed over their customers TH meat producer, Betagro, to raise Bt20b (US$554m) […]
Read More →BCH will book Bt3b revenue from Moderna alternative jab this year, target Covid-related services revenue +104% yoy as caseloads jump, upside from higher SSO patients quota yoy, allots Bt920m capex to revamp hospitals, expand labs. Comment. Would love to know the profits from this one…. GUNKUL-JMART-SINGER form venture, JGS, to offer solar turnkey solutions from […]
Read More →ADB mulls production capacity of med-grade plastic compound, sealant for construction and plastic beads for cable to capture demand, eyes 30% sales growth target. AOT: Thai Lion Air plans to resume international flights from SIA in 2Q, will open BKK-Jakarta route to serve transit passenger to JPN & India. Comment: Now if only Thailand could […]
Read More →DOHOME reported SSSG MTD-Oct >30% yoy, above 20% Sept avg, online sales +300% yoy, expects positive momentum carry thru holiday season, opening 2 stores before end of year. Comment: Now the question for firms like DOHOME is can it continue such a growth momentum from 2022 onwards? KEX forms venture with livestocks co, Betagro, to […]
Read More →AAV mulls adding more flights to accommodate demand for travel, sees advance booking jumps on Chiang Mai, Chiang Rai & Hat Yai routes. Comment: The limited flights that are going around the country – are full (up to the 75% limited) BAFS anticipates FY22 turnaround from recovery jet refueling business, target sales volume +110% yoy […]
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