BAM sees 2Q turnaround on improved cash collection, eased jitter on NPA sales aft resolved loan rejection issue from fin institution, jv distressed assets management with Government Saving Bank (GSB) supported earnings. Comment: When the government starts spending => the banks will start lending => these names will take off again. EPG sets Bt466m capex […]
Read More →CPN plans to expand luxury zone at Central Phuket Foresta from 2k sqm to 8k by 2026, sees daily avg traffic above 50k/d 30% above pre-Covid level, while database of the group’s loyalty program indicated that Central Phuket customers have the highest spending per person among CPN malls nationwide, with wealth segment customers spending up […]
Read More →AOT: TAT anticipates surge in tourists arrival in 2H after collab with airlines to offer holiday pkg or special airfare for long-stay travelers, Air Canada agreed to launch long-stay airfares btw Vancouver-BKK from Oct. For EU winter schedule, Iberojet, a Spanish-Portuguese charter, will operate 7 charter flights a week between Madrid & BKK, Condor, German […]
Read More →KTB anticipates transaction increase from surging tourism participants in secondary provinces stimulus, offering Krungthai e-tax invoice & e-receipt service to support operators from May till prog end in Nov. LHSC’s unit holders approved investment in additional assets, Terminal 21 Pattaya mall project, value not exceeding Bt 5.7b. MAJOR upbeats 2Q earnings from strong ticket sales […]
Read More →Notable Transactions Buy(s) THB 334 mn Sell(s) THB 89 mn
Read More →The mood on the ground is that … Thailand is rubbish, and the SET is mimicking this.
Read More →AU targets 10-15% CAGR over next 3 years, will add 10-20 branches & pop-up stores at tourist attraction locations, 1st branch in Cambodia on track to cod this year. Comment: One day they’ll figure out international expansion, one day… GFPT expects FY24 chicken sales volume jump yoy as US & EU clients revamp orders schedule […]
Read More →AAV will introduce direct flights from BKK to Indian city Tiruchirappalli in southern India, start on Sept 21 with 3 weekly flights, expects robust growth as Indian travelers make up 80-90% passenger of flights between India and TH with load factors avg at 88% , indicating India’s huge market potential. Comment: It’s time for incredible […]
Read More →ALLY: name changed to ALLY Freehold & Leasehold REIT, ticker unchanged, effective tomorrow. BROOK: ticker changed to BTC, co., name remain unchanged, effective tomorrow. Comment: They are not serious people. DUSIT eyes 20% FY24 revenue growth target driven by higher RevPar & ADR, expects avg FY24 OCC above 75% vs 70% in FY24 higher than […]
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