CPALL sets Bt4b to add 7-11 branches, target 13k outlets by end of FY22, in talk 7-11 to expand franchise in Laos after granted 30 years franchisee in Cambodia. Comment: CP will feed the masses CPF reports positive profit alert from HK subsidiary, CPP, 1H20np forecast at US$310-330m vs US$82m 1H19, supported by strong swine […]
Read More →AP to transfer 11 JV condo projects under LIFE Asoke-Rama-9 in August, after 95% sold. Comment: This will be interesting to watch. AWC: GIC cuts holding by 0.187% to 4.8684% of total outstanding on Monday (June 8), SEC filing. EGCO sees no impact on power gen from C19, 640mw offshore windfarm in Taiwan (25% holding) […]
Read More →BAFS branches out from jets refueling to power business on risk diversification plan, expects to wrap up M&A 20mw powerplants in 2H. BAM said to miss revenue target by 15% this year due to outbreak, mullsBt25b bond for expansion. GUNKUL upbeats outlook from 638mw PPA on hand (cod-ed 437mw), expects to win additional EPC contract […]
Read More →CHG reaffirms 10% revenue growth target after securing more SSO’s patients. Comment: The hospitals that aren’t focused on foreign customers are now the safer players. DELTA sees higher revenue from abroad after US & EU ease lockdown, maintained 5-10% revenue growth target, tailwind from weak THB boost earnings. Comment: That is impressive. INET will branch […]
Read More →BTS firms on plan to cod north green line extension Saphanmai-KuKhot in 4Q as light traffic allows construction to get ahead of schedule. CPF sees missing earlier growth forecast of 8-10% this year, cuts capex by half to Bt10b. Comment: If every corporate is cutting capex => less spending => less growth ILINK announced buy […]
Read More →AOT said coronavirus had no impact on arrival January to date as seen in 2% growth, confident of 5% growth this year, have plans to handle the outbreak. Comment: The drop will be seen in the coming weeks/months should this continue. DTC acquires F&B catering services business in Vietnam, The Caterers, for US$3.9m (Bt117m). Comment: […]
Read More →AIT revised up FY19 revenue target to Bt7b from Bt5b after clinched Bt3b 1H19, Bt9b backlog to realize till FY21, expects to win additional BB & core network replacement projects from current Bt2b bidding. Comment: So perhaps the entire IT sector shall recover again GGC upbeats 2H earnings from larger client base and wider use […]
Read More →AAV adds new route to Sihanoukville beach town in Cambodia, 4 weekly flights on route from July 1. Comment: Gotta love Airasia they really are everywhere and as a customer I love it. Has anyone else noticed how strong they are selling ad space on their planes? In the cabins? How they are selling food […]
Read More →CBG CBG targets 2018 revenue to grow by at least 20% from both domestic and overseas markets. It plans to focus on the UK and China and penetrate into Europe this year, as it aims to become a global brand. It is going to negotiate with entities in France, Germany and Switzerland and expects finalization […]
Read More →AOT AOT signals 4Q17 earnings of Bt4.69bn, driven by more passengers, especially from China. It will also gain more revenue as King Power operates commercial area in Don Muang Airport’s Terminal 1. AOT expects Suvarnabhumi Airport expansion to bring more profit. (Thun Hoon, 11/9/17) Comment: As long as there are still problems in Korea, don’t […]
Read More →