BH expects FY24 profit tops Bt7b registered last year after logged Bt3.9b in 1H, sees 3Q momentum remain solid from robust traffic from fly-in patients, local patients on rainy season, keeps focus on medical advancement & healthcare technology to boost margin. Comment: Its their expansion plans that the market is pricing in. CPF buys 65% […]
Read More →Kasemrad Plastic Surgery (KPS), a unit of BCH, said its collaboration with Korean College of Cosmetic Surgery and Medicine (KCCS) will elevate the standards of cosmetic surgery in TH, involving knowledge exchange and training. It sets Bt200m capex for 2 new centers and 3 surgery Comment: Oh thailand, you fake beauty. JPARK to sign more […]
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 →A5 announced buyback, up to 33m shares (2.73%) under Bt100m budget from Jun 17 till Dec 16. Comment: On paper the numbers seem ok, but a sharebuyback at this valuation? …it’s not that cheap.. AWC sees no impact from the insolvency of FTI in Germany, projects strong OCC to continue in 2H, plans to open […]
Read More →BA: reported advance booking (May-Dec) +13% yoy, sees 4Q air tix sales +35% yoy while load factor stays above 85% in 2H, firms on 10% FY rev growth t/g. CK: reaffirms 2Q turnaround supported by higher contribution from 3 main project coupled with higher dividend income from TTW, upbeat 3Q earnings from CKP’s hydro pp […]
Read More →ASAP anticipates FY24 turnaround after scaling back rental fleets to 10k vehicles from 20k last year to mitigate impact from heavy depreciation on used car market, diversification to EV dealership business provide cushion. Comment: Shocking…-50% in the fleet? That’s going to hurt the rental market…rental rates are going to go high…(for tourists) CHAYO reported Bt400m […]
Read More →24CS: wins infra work project from ICOCO (TH) valued at Bt75.35m. JPARK reaffirms solid 1Q driven by delivery of parking solution project for State Railway, revenue recognition from Khonkaen airport parking management starts to kick in, larger parking slots under management yoy. Comment: Do love the model, asset light, management fees, makes sense. PTTGC’s board […]
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: is expected to be the main beneficiary from extend Thai traditional holiday to 5-days in Apr after government declared extra holiday on Apr 12 for government offices & state agencies thanks to vast hotels coverage across country, upside from F&B unit (CRG), Thunhoon. Comment: Well no…but fine. EURO: home decorative products distributor, Euro Creations, […]
Read More →BCH: refrains from heavy investment, focus on new launched cancer center & ongoing hospital project (Kasemrad Samut Prakan), additional 300K patients quota from SSO to drive earnings this year. Comment: If even the hospitals don’t want to invest heavily, then what does the say about the economy? JPARK: aims to add 10k parking space this […]
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