Last week’s announcement by ADVANC on its proposal to acquire fixed broadband provider Triple T Broadband (TTTBB) is expected to complicate the telecom regulator’s decision on the fate of the merger between TRUE and DTAC, with the sector becoming a duopoly. Comment: It’s not complicated, its very straightforward, the next decade will see great cashflows […]
Read More →AEONTS’s 1Q23np (end of May) at Bt1.11b, -3% yoy, il/w Bt1.03b consensus. BIZ in talk partner to invest in hospital business, aims to diversify earnings from med supplies, cancer radiosurgery system, disinfection & unmanned delivery robot business. CPALL signed Lisa Blackpink as brand ambassador, citing The Standard Wealth. Comment: I suppose this is positive? DTAC’s […]
Read More →AQUA sets Bt120m for max 200m share buy back from June 1 – Nov 30 Comment: Oddly rather consistent figures over the past 5 years. COM7 sees >20% revenue growth target, on track to open >150 new outlets this year, bringing overall to 1,200 by end of year, expanding online and game as well as […]
Read More →ADVANC’s expressed opposition to the planned merger of its rivals TRUE and DTAC during the hearing organized by the NBTC, saying the deal wud diminish the price war and free competition in the segment. Comment: Well would they publicly support it? DCC sees flat qoq in 2Q22, firm on 5% revenue growth target this year […]
Read More →GULF’s concluded a deal to invest in a digital asset exchange service of Binance.US, through seed funding of an unspecified amount as it continues to grow its digital tech business. Comment: So the military and friends are ok with another digital exchange set up in Thailand? III expects to submit filing to list air freight […]
Read More →CPF sets 10% revenue growth target this year from Bt517b last year, to start exporting to Saudi Arabia in 2-3 months, after 5 plants with 7-8K tons got approval from Saudi FDA. NYT sees recovery traffic at RO-RF pier on improving auto EXIM, expects BOI EV incentive boost exports volume. Comment: The volumes from EV […]
Read More →ALT upbeats FY22 outlook from improved revenue mixed after branching out from telco network installation to EPC solar rooftop, sees popularity increase among industrial & SME clients from private PPA platform without capital requirement, target 50 projects install this year, mulls tapping in factory clients and government agencies. AS reaffirms solid 4Q21 from full quarter […]
Read More →Thai AirAsia (TAA) predicts full recovery for Thai tourism in the next 2 years as international borders will gradually be opened by next year, while passenger traffic has yet to resume despite the country’s reopening on November 1. Comment: Depends upon the definition of a full recovery. But w/o a doubt I still think tourism […]
Read More →ADD: local fund, BBLAM, raised holding by 1.7053% to 6.5928% on October 29. BANPU divests 47.5% holding in Spain renewable firm, Sunseap, for US$364m vs initial investment at US$173.7b, announced acquisition in 768mw combined cycle gas-fired power plants in Texas, Temple 1, for US$ 430M. Comment: Cap gain to be recognised, combined with coal prices […]
Read More →BPP: firms on plan to cod 3 power plants in JPN & Vietnam total 60mw in 4Q. EGCO: subsidiary, EGCO Plus, acquires 17.46% in U.S-based renewable developer, Apex Clean Energy Holding, transaction to completed within 4Q. OTO: wins a 3 year contract to provide call center & customer service for State Railway (SRT) total Bt166.84m. […]
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