EGCO’s confident of growth this year, supported by 500-600MW rise in capacity, including 272 MW from Linden Cogen in the US, which will contribute from 2Q21. CHG reaffirms solid 4Q20 from strong OPF & IPD patients traffic, Respiratory Syncytial Virus (RSV) outbreak in infants and young children and tailwind from SSO patients. FSMART plans to […]
Read More →BGRIM: ADB sold 2.01% stake in overnight placement (52,295,200 share) at Bt51.40 – Bt52.40 per share, a discount of 2.5% to 4.4%, by JP and Citi. CENTEL signs 3 hotels, 2 in Vang Vieng, Laos & 1 in Khao Yai, adds 304 rooms in portfolios. Comment: I still think CENTEL > MINT in terms of […]
Read More →ADVANC to provide 5G network solution for Bosch’s factory in EEC, sees growth from IoT, remote production curling & monitoring, automated warehouse & logistic to improve productivity. Comment: I think we are underestimating the potential impact of 5G on businesses, it’s going to be far bigger than we may realise. AOT’s board omitted bonus payment […]
Read More →JKN expects positive earnings momentum continued in 4Q from strong media contents sales, tailwind from home shopping and health supplement products (C-Tria), aiming to scale back content sales revenue to 70% from 90%, commerce & others 30% to diversify risk. Comment: Well let’s see how far this can go. They don’t have the network that […]
Read More →BCP adds CRC’s mini mart brand, TOP’s, in retail stations, add more Inthanin café to boost non-oil revenue. JKN board approved to move JKN listing from MAI to SET, will seek SET approval. GUNKUL upbeats 2H earnings from EPC solar projects and contribution from wind & solar power port, 30mw Kenyir solar & 40mw in […]
Read More →AAV add 4 domestic routes, SIA-CNX 5 daily flights, SIA-HKT 3 daily flights, 2 daily flights for SIA-KBV and SIA-URT starting from September 25. Comment: Flights I’ve been taking are constantly full (note AAV has been changing departure times quite regularly, likely to ensure a full flight & save costs) CNT sets up renewable earnings […]
Read More →CPF’s founding family, Chearavanont, ranked 21th in the world richest family, highest among Thailand, with assets worth US$30.7b, Bloomberg. GUNKUL sees earnings bottom-out 2Q, 60mw Vietnam solar able to offset power equipment trading and underground wiring projects delayed from lockdown, expects solid turnaround 2H from JPN & TH solar high season, resumption of infra construction, […]
Read More →ANAN to issue Bt1b worth of subordinated debt, offering 9.5% p.a. for first 5 years. Comment: That sounds closer to what I expected for debt pricing, though in reality it should be double digits. BEM sees Blue line ridership rose to 60% or 250ktpd avg post lockdown, expects momentum carry to 2H on school reopen. […]
Read More →BBL expects 2Q NIM flat qoq from 2.5% in 1Q as cost of funding also drops from repricing deposits, sees no impact from debt moratorium as consumer lending account for marginal in portfolio. BTS sees full year ridership drops 10% yoy; but no impact to revenue thanks to cod of greenline extension stations, compensation from […]
Read More →BGRIM to wrap up 4-5 M&A projects both at home and abroad, keeps 10-15% revenue growth target this year. Comment: The cookie monster of the energy space in the region. BBL reports 4M20 mobile banking transactions +28% yoy from C19, target 11m users from 8.6m by end of year. Comment: Now all of the banks […]
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