AAV: boost domestic flights from 87 to 105/d to accommodate travel demand on holiday season. Comment: This will go some way to alleviating high domestic ticket prices, and the scale increase should help AAV. ASIAN: cuts full year revenue target to Bt9.7b -14% yoy, weak topline on sluggish frozen food sales outweigh improve tuna export […]
Read More →BANPU sets 3 years capex plan at US$2b (Bt 70b) to expand renewable port, invest in energy tech, future mining (Nickel & Lithium) carbon capture, R&D 100% ammonia burn hydrogen-based powerplant. Comment: BANPU should continue to enjoy the amazing cash flow’s they’re getting from coal, it’s going to be stupidly higher for a number of […]
Read More →AMA upbeats 2H outlook from strong tankers transporting on high season, sees qtd utilization rate at 96-97% vs 95% yoy, expects road transport utilization rate pick up to 85% from 80% end of FY22 driven by logistic demand from PTG, eyes 20-25% FY revenue growth target. Comment: Could be worth a look as PTG has […]
Read More →IRPC’s unveiled an innovative nano-zinc oxide product, a nutrient supplement for plants, under Renifoxx brand. OR to expand healthcare biz in 1Q24, mulls Japanese style budget hotel at OR’s service stations, starting Bt1,000/night, sees no impact from diesel price cap due to its well diversified into non-oil. TKN revised up FY revenue growth target to […]
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 →BDMS sees year-to-date fly-in patients reach 30% of total rev, potentially hit 35%, above pre-covid level by end of year, allots Bt1.8b to adds 3 hospitals, seeks to expand market share from SSO patients, eyes 6-8% FY revenue growth target. Comment: And that’s the best growth you can hope for, as they’re a behemoth now. […]
Read More →AS board approves purchase of 9.22% stake in Bitkup Online for Bt600m. Comment: Probably pushed by SABUY, buying bitkub at 20x PE…ok…and remember that SCBXXX offered thb 30-40 bn 2 years ago, found a whole lot of financial shenanigans and then walked away, so now bitkub is valued at thb 6bn…a steal!!!!!!!!! idiots.. CENTEL sees […]
Read More →BJC announced business restructuring plan that separates its port into retails, wholesale, production, imports and exports of consumer goods, with all existing business of BigC are under BigC Retail Corp (BRC), Bt87.1b registered capital, pending listing. Comment: Et voila, the rumour from last year is true, and just in time for the group as interest […]
Read More →ASK upbeats FY23 outlook on surging demand for credit for commercial vehicles, expects wider NIM this year after expand auto title loan portfolio which command higher yield than HP. Comment: And their NPL’s and provisions have increased as well. But regardless they raised capital and they’re going to keep growing despite this. BANPU raised holding […]
Read More →ICHI mulls selling international franchise of its JPN restaurant, Oishi Biztoro, seeks to expand selling channel via multiple formats to expand coverage, plans to open 30 new restaurants over next 3 years as dine-in recovery, focus costs management to stretch margin. Comment: Because they haven’t done well with it.. KTB in collab with BJC to […]
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