Inflation/supply chain A silly analogy however every once in a while Ill enjoy an overpriced (but fantastic) coffee for 120 baht. Recently the price has increased to 140, why? According to the staff it’s because finding fresh cow milk is harder than before. This doesn’t apply just to them, the average coffee that I buy […]
Read More →KBANK may be readmitted to MSCI after raising free-float, sees Bt6.1b inflows, while BAM may be deleted, announcement Aug 11 and effective Aug 31, Tabloid. Comment: It’s going to be a fun week for this sector. MAKRO added 3rd hypermarket branches in Phnom Penh, sees positive feedback from local F&B operators, mulls tapping in VN […]
Read More →BANPU in collab with SG partner Durapower & TH largest bus manufacturer, Cherdchai Motors sales to establish battery assembly plant in Nakhon Ratchasima province, target cod 1H23, aims to boost capacity to 1GWh by eo-FY26. Comment: I just wonder where they’ll source the raw materials for this to ensure competitive pricing? BEM’s retail subsidiary, BKK […]
Read More →BCH up hospitel capacity to accommodate rising virus cases after long holidays. Comment: Lots of unregistered “positive” cases throughout my network at the moment. Obviously not shown in the figures, and by now you’ll know my viewpoint is that I just don’t care about this. I hope that most people don’t care either. KBANK in […]
Read More →BGRIM performed foundation stone laying for its Bgrim Power Angthong 2 and 3, 280MW combined worth Bt12b, CODed late next year and Bt5-6b revenue per year. Comment: Screwed on margins for the rest of this year until the government can start charging the nation higher costs for electricity. KBANK’s announced a Bt100b strategic program aimed […]
Read More →AWC anticipates solid turnaround 2H from recovery OCC & higher room rate, contribution from MICE, 12 hotels on track to open FY23-FY27. Comment: Despite it being one of the larger groups on the mkt, it doesn’t attract as much investor interest. GULF raised revenue growth target this year to 80% from 60%, on rise in […]
Read More →AEONTS’s 1Q23np (end of May) at Bt1.11b, -3% yoy, il/w Bt1.03b consensus. BIZ in talk partner to invest in hospital business, aims to diversify earnings from med supplies, cancer radiosurgery system, disinfection & unmanned delivery robot business. CPALL signed Lisa Blackpink as brand ambassador, citing The Standard Wealth. Comment: I suppose this is positive? DTAC’s […]
Read More →BDMS, who owns 95.76% in SVH, will tender for the remaining 4.24% at Bt480/share and will delist SVH from SET. BEM to hold rate for Blue Line at Bt17-42 until end of year, then raise to Bt17-43, sees no impact. Comment: I have often commented that the MRT in Singapore is cheaper than the subway/skytrains […]
Read More →AP reported 5M22 SDH & townhome sales at Bt16.8b, +23% yoy, account for 45% of Bt38b horizontal projects sales target, maintaining 16 launch plan in 2H total Bt15.04b. Comment: No reason to be surprised, its a market share game, private comp is gone, ap/spali/lh/psh are gaining their market shares back in sdh/th BRR upbeats full […]
Read More →AMATA mulls revising up FY22 revenue guidance from improved land & utilities sales, Bt1.45b out of Bt4.768b backlog to realize this year, sees upside from increased FDI. AMATAV target 100% revenue growth this year from strong industrial land sales in Vietnam from manufacturing relocation, higher selling price yoy on surging demand. Comment: Low base more […]
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