ACE will cod 21 solar farm combined 47mw by end of year, firms on plan participate bidding for 3,600mw renewable ppa under new power development plan (PDP). Comment: Ticks some boxes for the woke ESG crowd, makes the family wealthy at the cost of businesses and the tax payer. EMC in collab with eTreego, a […]
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 →HANA set up a 49:51 JV with PTT, to study a possible investment in smart electronics industry. JMART reaffirms solid 1Q driven by strong mobile sales supported by new launched Samsung AI S24 Ultra, higher contribution from subsidiaries (JMT & Tee Noi hot pot) to boost earnings. Comment: Market just has no love for JMART […]
Read More →ACE mulls allocating Bt20b to finance 55 renewable PP projects it won in auctions as part of TH’s clean energy policy. KLINIQ opens new branch in Nakornsrithammarat, the most populated in the South, helping it achieves all time high rev this yr. Comment: Think this B grade version of MASTER is going to slower disappear […]
Read More →AWC: cod 383 guest rooms, 10 meeting rooms, 6.2k sq.m event space, Chiang Mai Marriot Hotel, Night Bazaar district, target MICE & leisure travelers. BR sees >10% revenue growth momentum into next year, on exports to EU, JP, Aus and Saudi. GEM Global Yield, a US Fund, target 19.9% stake in SABUY, worth Bt1,750m, after […]
Read More →ADVANC wraps up Bt14.866b acquisition of 700MHz bandwidth from NT, boosting its 5G capacity after securing 13 years roaming service fee. Comment: So is this the cost for acquiring 3BB? Or is it because TRUE can’t afford it? BEM anticipates solid 3Q from strong daily avg MRT ridership thanks to robust int’l travelers, higher revenue […]
Read More →AOT: Transport Minister mulls propose Royal Thai Air force to obtain vacant flight slots to accommodate commercial flights on an upcoming high season. Comment: As Queen ML says “this looks like they’re getting ready to announce a huge capex for AOT” CPF & BTG are expected to turnaround in 4Q as domestic swine selling price […]
Read More →AP: venture co, with Mitsubishi Estates to launch Bt8.6b hi-end project, The Address Siam-Ratchadhevi, pre-sales kick-off Aug 26-27. Comment: Given that ANAN is dead, I wouldn’t be surprised to see only the “qualified” long term players in the market partner with the large Japanese investors. ICHI: revised up full year sales target to Bt7.6b frm […]
Read More →AOT sees 20% rise in passenger during a 6-day holidays (only for civil servants). Rabbit Cash, a venture co of BTS/AEONTS/HUMAN, debut digital wellfare lending, instant credit approval within 3 mins via AI credit screening, installment period from 6-36 months, 1.25% interest/month (effective rate). Comment: Ok anyone else fed up with this “AI” bullshit? It’s […]
Read More →AAV sees Apr load factor >90%, 80-90% for the first 2 weeks of May, supported by 3 new routes from Chiangmai to Beijing, Hangzhou & Changsha, aims to secure at least 10-15% market share from Chinese travelers visit Thailand. Comment: The Red wave is coming. CHAYO anticipates Bt150b NPL flooding in the system 1H23, allots […]
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