ADVANC collab with Singtel and 34 members of leading mobile alliance, Bridge Alliance, to provide GPU-asa-Service offers a convenient way to access high performance computing resources for machine learning & data-intensive applications, allows users to leverage advanced computational capabilities w/o the need for expensive hardware or complex infra mgt. BA keeps 4.5m FY passenger target, […]
Read More →ADVANC keeps 13-15% revenue growth target this year, 14-16% EBITDA, emphasizing on efficiency amid economic uncertainty. Comment: That’s not a disappointment…they’re going to destroy us (lowly consumers) BBL’s exploring virtual banking opportunities as it transitions to digital banking services in response to changing customer behavior. VGI, a unit of BTS Group, indicated its interest in […]
Read More →Ailing EA, which has been under investigation over alleged fraud involving former executives, has rescheduled payment of 2 of its tranches of short-term B/E due to tight liquidity, forcing to sell Thai Smile Bus (TSB) to raise liquidity. Comment: La la la la, it’s a POS, it’s going under, who’s going to save it? BJC […]
Read More →3BBIF said BBL has accepted for consideration adjusting interest rate and extending payment terms, while ADVANC is confident downtrend in interest rate is helping the case. Comment: I have read, from people far smarter than I am, that the US Fed will cut rates in July & Sept – purely for optics…and if that’s the […]
Read More →BEM & BTS: MRT & Skytrain to extend operating holders from 4am till 2am from current 5am till midnight during New Year season Dec 29 till Jan 2.BEM: Department of Rail transport reported average Blue line MRT ridership during TH Red Cross bazaar Dec 8-17 hit all time high at 520k trips/d. HL on track […]
Read More →CIVIL upbeats 4Q earnings from Bt1.38b highway project transfer to Department of Highway, Bt23.92b backlog assures earnings visibility. COTTO: 3Qnp @ Bt210m, +55% yoy, thanks to lower energy costs for tiles & building material production, sales +4% yoy, board approved investment in production line of stone plastic composite (SPC) capacity 1.8m sq.m. p.a. at Hinkong […]
Read More →ECL sees YTD loan growth +30% yoy, expects HP demand remain strong in 4Q as EV boom brings price of ICE vehicle down, more vehicles change hands in used car market, firms Bt7.5b FY loan book target. PRINC raised holding in Pewdee Clinic Esthetics by 38% to 93% from 55% prior for Bt106.4m, will restructure […]
Read More →The planned takeover of TTTBB by ADVANC still awaits the nod of the NBTC board, with a meeting scheduled for Oct 25 as all key documents for the determination were sent to the NBTC office as of Oct 14.Comment: C’mon Sarath, just pay them and get it done. BGRIM’s subsidiary, RES Company Sicilia, buys 81mw […]
Read More →ADVANC: plans to sell telecom & broadband network total Bt50b into JASIF after NBTC give nod on 3BB M&A deal on Sept, Khaohoon. Comment: This is why ADVANC want’s JASIF, it’s not because of the quality of the assets of 3BB but it accelerates being able to raise capital by selling assets directly into JASIF […]
Read More →ACE to expand private PPA, sees growth there, to sign PPA for 18 alternative energy power plants by Oct, boosting capacity to 112.73MW. AMATA reaffirms 2,250 rai land sales target, entering high season, sees no impact from political impasse, as long as it’s peaceful. ITD with China Raiway jv won Bt9.34b railway construction contract in […]
Read More →