AH target 10-12% FY24 revenue growth driven by 3 jv with strategic partners in auto parts biz group, clean exhaust system under partnership with Purem by Eberspaecher, upside from 4-5 EV parts deals and Isuzu plans to use Thailand to be EV hub. Comment: It has zero net volume growth to AH. Instead people should […]
Read More →AirAsia has announced the merger of AirAsia and AirAsia X, making SEA a multi-hub for aviation while targeting TH as its hub for flights to Europe. Comment: Doesn’t appear to have a real impact on the thai listed entity. HL said its 50 drug stores are in Easy E-Receipt program, sees rising 1Q24 revenue growth […]
Read More →If you can’t figure it out …
Read More →Ok, that’s not quite accurate. But here’s the news… SF Holding to Take Over Kerry Logistics for $2.3 Billion – Bloomberg “SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal for its global expansion.“ The impact is […]
Read More →Don’t we all feel like geniuses? We’ve all made some +1-5% this year. Now will it last? Short term everyone still keeps talking about the Fed rates…it’s staying here or going higher IMO, haven’t changed that thought for a while…and I like it…risk for Thailand is in the currency…most listco’s are fine, The Financial and […]
Read More →AU sets Bt127m capex this year for 12 new branches, including 1st in Cambodia, sets 10-15% revenue growth target. Comment: Now this interesting….Trading at THB 300mn/store (off the top of my head don’t quote me), and capex/store is THB 10 mn CPN said progress in 5 mix-used projects and business expansion in Vietnam to help […]
Read More →Notable Transactions Buy(s) THB 45 mn Sell(s) THB 5.7 mn
Read More →Week 02/01 – 05/01 acv.vn, bsr.vn, dbc.vn, fmc.vn, gvr.vn, tng.vn, vhm.vn, Side note: It’s just amusing that companies in Vietnam will openly state their targets for the FY during their AGM’s and then the market used to price this all in immediately. Let’s see if there is a change in investor behaviour for 2024. Company […]
Read More →AMA aims to become #1 palm oil tanker transporter, after expanding fleet by 10% to 96K dwt, sees no impact from rising EVs on the street on fuel consumption. AOT expects 8m Chinese visitors this year, about 70% of record set in 2019. Comment: So..? AOT has no idea what’s happening in China, you need […]
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