AKR launches cast-resin transformer, no insulating oil required, suitable for high-rise building, commercial & industrial applications, seeks to exports in ASEAN as a good substitution from products imported from SPN & ITA, target FY25 revenue growth no less than 10%. KTB mulls studying on share buyback, with Bt57b cash on hand, P/B at 0.76X and […]
Read More →AMA eyes 10% FY25 revenue growth target driven by higher contribution from onshore transport unit, AMA Logistic, after added 30 vehicles in 4Q24 to 334 units, upside from plastic beads transport TSSK Logistics (67% holding) and strong utilization rate on 8 marine tankers, seeks to branch out to thermal control logistic, warehouse business to diversify […]
Read More →AOT: Lufthansa extends A380 flights from Munich to BKK until Apr 29 to accommodate strong passenger booking during Songkran Fest Apr 13-15 & Easter holiday in Europe (Apr 20). EGCO reported 640mw Yunlin offshore windfarm in Taiwan now fully operational, estimate Bt2b p.a. income generating from 26.56% interest in the project (170mw) over the first […]
Read More →Jesus… -6% for the year, well there you go, it isn’t called amazing thailand for no reason. And that’s before today’s massive drop. Domestically, there’s been the continual noise on owners or the “value investors” that are being hit with margin calls, then you throw in the CPALL noise CPALL issues statement amidst 7-Eleven buyout […]
Read More →Notable Transactions Buy(s) THB 25 mn Sell(s) THB 194 mn
Read More →ADVANC’s broadband unit, 3BBIF, restructuring loan with BBL, interest will be lowered from MLR to MLR -2.9% on Bt5.45b outstanding loan in accordance with BBL facility agreement. BAM allots Bt8b budget to purchase bad debts this year, aims to scoop up Bt30b-Bt40b depending on quality, launch financial prog (Smart Garden Home), allows NPA buyers who […]
Read More →CP Group, major holder of CPALL, was approached by Seven & I founder family to join in management buyout of 7-11 convenience store chain to fend off a $47b takeover from Canada’s Alimentation Couche-Tard. Itochu & Apollo Global Management are among potential partners the family has reportedly sounded out. Comment: This is amusing. Some believe […]
Read More →MTC reaffirms solid 4Q24 from improved assets quality, positive momentum from consumer credit & cash collection. Comment: No matter what the economy is (barring a total crash), MTC seems to always do well, all thai governments bail out their customer class. SCC reports loss Bt512m 4Q24, -55% yoy, vs loss Bt839m estimate, due to Long […]
Read More →MINT forms venture co with JPN partner, Royal Holding, to develop 21 lux hotels in JPN by 2035. Comment: Active again…what am I missing here? It does feel like its picking up. OSP is expected to report sluggish 4Q from shrink domestic energy drink market share and surged marketing exp & FX loss from operation […]
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