AOT: expects full year revenue reaches pre-Covid level above Bt62b driven by positive momentum from aero & non-aero rev, SAT-1 terminal on track to cod upcoming Sept. CHASE: reported Bt1.6b bad debts purchased for Bt150m during 4M23, aims to seal 2 more deals before end of 2Q. Comment: The first time they’ve bought something in […]
Read More →ASEFA announced buyback up to 17m shares account for 3.09% of paid-up under Bt70m budget for 6 months period from March 1 until end of Aug. Comment: That’s odd, not sure why, valuations don’t look unreseaonable. BVG: automates motor claims platform & software solutions, Blueventure Group, debuts IPO 157.5m shares @ Bt 3.85, KGI leads […]
Read More →ADD: local fund, BBLAM, cuts holding by 1.4375% to 4.3536% of total outstanding on Jan 26. NBTC gave greenlight to ADVANC’s bid for 3BB and JASIF, pending appointment of independent consultant, before submitting for NBTC’s board approval in 1-3 months, Tabloid. Comment: Well that took them a while… BH sets double digit revenue growth this […]
Read More →AAI: ASIAN’s pet food unit, Asian Alliance International, debut IPO 637.5m shares at Bt 5.55 apiece, Tisco & UOBKH joint-leads. Comment: And that’s how you do an IPO pump. BBL: expects FY22 loan growth near double digits vs 4-6% previous projection, target 2-4.5% for FY23 (1-1.5x of FY23F GDP growth), NPL & provision likely to […]
Read More →ANAN sees positive sign from Ashton-Asoke case, firms on Bt13b transfer target, after Bt9.3b in 9M22, solid backlog at Bt12b to support Bt15.68b presales target, mulls 6 projects worth Bt21.63b in 4Q Comment: That asoke project….a never ending saga for ANAN. BEC aims to shift revenue mix from TV laden to digital platform, global content […]
Read More →BRR expects 70% revenue growth target this year to Bt7b on higher global price and solid growth in biomass power plant and wood pellet business. FPT sells build-to suit warehouse in logistic park Ayudhaya to Watson (TH), the 3rd distribution center at Bangpli & Khonkaen logistic center, target cod within 2Q23. NWR firms on 50% […]
Read More →BJC mulls adding Covid medications via 146 branches of Pure Pharmacy and Siri Pharma nationwide after National Communicable Disease Committee allowed hospitals, clinics & drug stores can procure Covid medicines from September 1. Comment: Coming to you from the family whose insurance company screwed over their customers TH meat producer, Betagro, to raise Bt20b (US$554m) […]
Read More →AEONTS reports 1Q22 net profit (end of May21) at Bt1.149b, +117%, topline -11% yoy from shrinking card spending from Covid impact & new loan suspension at Aeonts Micro finance (Myanmar) since February 1, lower LLP yoy, recovery on doubtful account and costs control provided cushion. Comment: Given the high debt levels in Thailand, a friend […]
Read More →AOT: Thai Smile to resume Phuket-Hong Kong route, 4 weekly flights (Monday/Wednesday/Friday/Sunday) from July 2. Comment: Initial travelers are going to be all over the local news, and then disappointment will set in as the figures are lower than expected, and then it will ramp up faster than the infrastructure can manage. BAM sees 2Q turnaround […]
Read More →AUCT: anticipates recovery traffic at auction yard 2Q onward as repossessed vehicles mounting on third wave of pandemic, expects wider margins this year from lower SG&A and online auctions, upside from partnership with leasing & distressed assets management partners (ECL & CHAYO). Comment: CHAYO is the interesting play here, they have access and now a […]
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