ADVANC may report Bt6,688m 3Q21, +2.7% yoy, as online-call center and AIS mini corner helped servicing clients during pandemic, while AIS fiber home internet rev showed promising growth, Tabloid. Comment: The story for ADVANC is 1) sale of assets to a fund 2) True & DTAC merging and then the entire sector can start charging […]
Read More →CKP to increase capacity to 5,000MW by end of 2025 from 2,100 now, thru new investments and M&A in hydro power projects and other renewable energy, plans Bt2b CD in Oct to re-finery, sets Bt6b capex to develop Luang pra bang hydro power plants & solar projects in Laos. HFT reaffirms big jump 2H supported […]
Read More →BAFS signs JV OR to establish Global Aero Associates to expand jet fuel services in U-Ta-Pao airport EEC, target cod FY25. Comment: Just imagine the scenario in 5-10 years. Don Muang booming, Suvarnabhumi booming, and U-ta-pao benefiting from the EEC and growth of the Eastern Seaboard region. And then figure out what you would pay […]
Read More →DOD to import 10 hemp species from the US by end of June or early Jule, 4-5 months from planting to harvesting, and into products by 4Q21. Comment: I do find it ridiculous that Thailand doesn’t ensure an organic internal system, but that’s because of the usual structure of the country with interests controlling parts […]
Read More →BCH’s confident covid tests could reach 500K in 2Q, after 300K tested in April-May, vs 390K in 1Q, while the country’s doubling of Moderna quota to 10m doses should also help boost 3Q earnings. Comment: And they are increasing the fee’s for the COVID patients. CCET to temporary halt operations at Petchaburi plant from May […]
Read More →BANPU sees solid 2Q21 on rising coal price to >$100/ton, while cutting costs in coal mines in Australia and Indonesia. Comment: And AGE and LANNA have benefited as well. JUBILE keeps 10% revenue growth target this year, on solid 1Q which showed a 11% growth, with plans to expand branches and promo in 2H to […]
Read More →Asia Cab in JV with 4 partners, including EA and SCG chemical, to develop 1st Thai EV cab prototype, while EA said its EV plant in on track to COD in 2-3 months. Comment: EA are going to be the GULF of this industry. You’ve been witnessing the growth of crony capitalism in Thailand over […]
Read More →ANAN reports Bt3,979m 1Q21 pre-sales, 17% higher than target, thanked to 100% sold-out of one condo projects, sees solid demand for condo along mass transit lines. Comment: Sold out one project @ cost? BEAUTY develops new business model, by securing distribution channel via retail outlets in provincial areas, sets to appoint 8 large distributors, covering […]
Read More →BPP buys 33.5% stake in 543mw Nakoso Integrated Gasification Combined Cycle (IGCC) powerplants for US$80m, deal to complete by end of April. CPF opens 2 new Chester grill restaurants, Lak-si and Bang-na, and launches chicken New Orleans new menu, on track to open 10 this year. OR extend land lease contract at Khlongtoey pier central […]
Read More →CPF sees solid performance this year, boosted by contribution from swine business in China after acquisition of CIT, cost control and recovering global economy, mulls plan to add hemp and plant-based protein products. OR expects oil sales this year to be close to last year at 27,000m liters on higher demand, plans to raise EV […]
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