BANPU teams up with APAC Sustainable & Decarbonization Infra Equity Fund sponsored by Aravest & SMBC Group to jointly fund $145m investment in Amp Co, a JPN renewable solution firm, to develop solar & wind project combined 800 mw in JPN. BGRIM mulls expand proportion of direct PPA in port, expects robust demand growth for […]
Read More →PPM: reaffirms solid 2Q supported by robust sales of copper tube and air condition insulation as demand for cooling products grow during summer season, tailwind from turnkey solar rooftop subsidiary, Solar PPM, boost earnings. PTTGC & TOP are expected to recover in 2H from lower interest exp as both buy back & cancellation of a […]
Read More →BEM targets full year MRT ridership +13% yoy to 440k trips/d driven by cod of One Bangkok mixed-use project at Lumpini station, feeder from Pink and Yellow line, positive tourist momentum. Comment: Oh, still growing, oh you thought WFH exists in this country? Nah. And One Bangkok hasn’t opened yet…idiots in the news… GFPT sees […]
Read More →BRR to cod wood pellets fuel for biomass power plant in 3Q, full quarter contribution in 4Q., sees sugar selling price remain strong in 2H from draught impact, Indonesia exports curbs. Comment: I wonder how long before the news refers to El Nino as a climate change event driven by “fossil fuels” and pollution and […]
Read More →AEONTS anticipates solid 4Q22 (eo-Feb23) driven by higher card spending from shopping tax rebate stimulus, lower LLP after purged bad debts last year. Comment: It doesn’t seem to what how slow or fast the economy is growing, AEONTS continues to grow its equity year after year. ALL defaulted on a bond’s Bt10.7m interest payment yesterday, […]
Read More →CV acquires 60% stake in VN wood pellet manufacturer, DKC Energy Joint Stock Co., to strengthen energy source for renewable portfolio. Comment: How does a wood pellet manufacturer add to a renewable portfolio:? PSL signed agreement with KR client, Pan Ocean, to lease ultra max vessel for 9-11mths at US$35.5k/day. Comment: The smaller drybulk players […]
Read More →BCPG paid Bt1,070m for 25% stake in Nam Tai for power transmission line in Laos (220 kilovolt). CV expects to conclude jv deal with partner to establish RDF production plant in Vietnam by eo-1Q, 70% of Bt2.4b EPC power plant construction projects to realize this year, eyes 150% revenue growth target. LPH mulls raising hospitel […]
Read More →AOT maintenance 3.7km west runway of DMK airport for 270 days from Oct 27, 21 till Jul 23, 22, sees no traffic congestion, flights density are manageable. CHAYO in talk to buy bad debts from 5 fin institution total Bt10b, expecting to secure Bt6-8b before end of year. Comment: Because BAM is done, everyone else […]
Read More →AGE revised revenue target this year to Bt12b from Bt11b, on uptrend coal price and booming logistic business, sees record high coal sales at 5.5m tons. Comment: The chinese have tried to smack the coal market with margin requirements, thereby leading the prices to drop ~40% in a week. Now it appears that they’ve cleared […]
Read More →ADVANC agreed to pay Bt448m to settle Bt50b dispute with NT, paying ways for future collaboration. Comment: All of these lawsuits will be settled due to the new owners. APCO launches antiviral supplement, MyLife100, out on sales October 1. Comment: And these snakeoil salesmen have another bunch of rubbish supplements for you to try. BAY’s […]
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