AAV rolls out flight promotion for Chinese travelers starting from CNY 199/trip, BKK (SIA)-Shanghai CNY 299, booking open till Oct 1, travel from Oct 1 to end of March 24, aiming to capitalize on China national day & CNY in February. Comment: Let’s see if the government let’s enough of them out of the country. […]
Read More →BBL maintain 4-6% FY loan growth t/g despite +0.6% in 1H, no plan to increase interest rates on both deposits & loans aft 25bps policy rate hiked in Aug, expects working cap demand grows on more predictable interest exp, jump start investment aft govt formed, will continue to grow business franchise in China, sees Chinese […]
Read More →Total Logistic (ETL), on SET instead of MAI to accommodate future growth. Comment: The market’s in a pumping mode. JMT said 1st two months of 3Q operations were on track, firms on 30% revenue growth target this year. Comment: There is zero issue for JMT to get NPLs, there are only 2 questions 1) Cost […]
Read More →BCP: SSO raised holding by 0.0392% to 15.0103% on Aug 2, SEC filing. Comment: Good I sold to them, thank you. CIMBT: sees mortgage demand for resales property and NPA increase as high new house price and tight purchasing power boost demand. EA: expects to report stellar 2Q from delivery of 600 E-Bus, commercial EV […]
Read More →ALL reported Bt263.67m default on debt payment with KKP. Comment: It’s a dead man walking, should be bankrupt. BDMS targets 6-8% full year revenue growth driven by higher fly-in patients from Middle-East, CLMV and China, target 2H OCC above 67% from 62% in 1H on seasonal, broader segment coverage from health insurance & SSO. EA […]
Read More →BCPG acquires 25% stake in Hamilton Holding to obtain indirect interest of 2 natural gas power plant (848mw & 857mw), transaction completed on Jul 12. CPN in collaboration with J.Front Retailing of Japan in joint R&D, connecting Thailand and Japan, unveils Bt135b capex 2023-27 in >200 projects. Comment: Continuing to cement their status as the […]
Read More →ACG sets Bt300m to expand AutoClik (Fast-Fit) branches to 20 this year, from 13 currently, and 30 by end of 24, to open its 13th in Phuket today. Central Marketing Group (CMG), a unit of CRC, and a leading distributor of >40 top global brands in fashion, beauty, watches, and tech segments, anticipates revenue growth […]
Read More →DELTA reported Bt3,614m 1Q net profit, +30% yoy, missed Bt3,849m consensus.DELTA par changed to Bt0.10 from Bt1, board lot changed to 100 from 50, tomorrow. Comment: The miss vs the stock split. Fun times coming for these shares. PTTEP to report 1Q today, Bt19.33b consensus. Comment: Finally printing $ and they’ll continue to for the […]
Read More →AGE targets Bt500m new loans from backhoe & trailer hire-purchase, to diversify earnings from coal trading & logistic business, capitalize on existing drivers who have good track record & credit score from subsidiary, AGE Transport. Comment: Coal prices have dropped from their peak by -60%, but are still 2x from pre c-19 levels, plus age […]
Read More →ARIP reaffirms solid turnaround this year driven by organizing events backlog total 17 projects worth Bt124m, tail wind from digital marketing, creative content & e-learning solution to boost growth, eyes 30% FY revenue growth target. Comment: I do wonder about this industry, obvious tailwind, not sure if the local players can do as well as […]
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