AMATA expects 2H recovery, keeps 950 rais land sales target, and books 60-80% of Bt2.486b backlog this year. Comment: Seeing is believing. That EEC story seems to have disappeared. AMATAV keeps Bt1.5b revenue target this year, supported by transfers of 28 hectares of land and sales of ASCLT 1 and ASCLT 2 in Vietnam this […]
Read More →LH expects cost saving from lower land tax, existing landbank ensures new projects over next 4 years, maintaining 2H launch plans 12 SDH projects worth Bt21b. Comment: I expect to see that the larger players just get larger, especially in the housing market NOBLE secures Bt1.3b in presales during 1st day of online booking under […]
Read More →AOT sees 53% drop in passengers this year to 66.58m, 44.9% drop in flights to 490K, sees recovery October 2021. KTIS to sell a 5 liter 70% alcohol under KNAS at 7-11 for Bt300, will launch 1 liter at Bt89. MTC and SAWAD are among leasing firms getting Bt5b soft loan each from Government Saving […]
Read More →AAV urges govt to roll out rescue package to save operation costs of airlines and tourism operators aside from tourism promo campaign as virus persist. Comment: Not sure why a private company should rely upon a government bailout… BCPG expects FY20-25 EBITDA growth above 75% driven by contribution of 2 power projects in Laos combined […]
Read More →ADVANC FY19 came after close at Bt 31.19b +5% yoy; missed Bt 32.18b consensus, pays interim Bt 7.34 dps, XD Feb 19. Comment: It’s a dividend payer, if 5G bids and capex are too strenuous it should comfortably maintain its DPS ratio, perhaps even an increase? AOT: report Feb MTD passenger arrival at SIA drops […]
Read More →AMANAH reaffirms big jump 4Q from strong demand for credit on holiday season, larger coverage from branches expansion and lower LLP after shift strategy to seize vehicle instead of settle with debtors on hire-purchase default AMATA signs JV Spore partner, Surbana Jurong Infrastruture, to provide consultancy service for entire projects under Amata Group. Comment: I […]
Read More →CKP sees big jump after COD Xayaburi hydro dam y’sday, 1,200MW. HMPRO sees strong demand for home improvement 4Q on seasonal, expects tailwind from govt cash handout and rebate scheme, will open 2 Megahome in 4Q, upbeat GPM aft revamped prod-mixed. Comment: They are hoping that 4Q will be a seasonal high, if not its […]
Read More →BANPU in jv with Dura Power to open Lithium Ion battery in China with 1 Gwh capacity. A debt default by PACE will likely dampen other prop developers’ ability to issue new debentures, warns a property industry source. Comment: Absolute bull$hit, AP, LH, PSH, ANAN can (and have) all easily issue debentures/bonds at rates below […]
Read More →AIE sees 2H turnaround from recovery demand for B10 biodiesel on government promotion, eyes 20% revenue growth this year. BEAUTY, ANAN, PSL, TKN, ERW may be taken off the SET100, with the arrival of AWC, Tabloid. Comment: Well 5 companies are not going to be removed because of 1 company CHAYO allots Bt1b budget to […]
Read More →EA upbeats 3Q earnings from windfarm high season and full quarter contribution on 80mw Hanuman 10 projects coded April 13, firms on 30% revenue growth target >Bt20b. Comment: The dream is still the EV battery for EA. Where’s the evidence that this is working? HMPRO opened its 84th branch, HomePro Max Mukdaharn, aims to capture […]
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