BBL’s expanded its money withdrawal service at 7-11 stores, offering greater convenience to consumers in remote areas. Comment: And just confirming that 7-11 as the best network and that we live in the land of Charoen Charoen Pokphand BJCHI sees turning profitable this year, supported by Bt2.7b backlog and Bt500m newly secured projects, confident of […]
Read More →ADB upbeats FY21 outlook from recovery demand for compound plastic beads, adhesives and sealants for med supplies, wire coated, building material and auto. CKP expects 15-30% revenue growth this year, sets Bt2-4b capex for PP. BTS signs Pink Line extension into Muangthong Thani with NBM worth Bt4,230m, with BLAND in for Bt1,250m and the rest […]
Read More →IND: engineering consultancy firm, turnkey service for infra, power plant, commercial, industrial and residential development, Index International Group, debut today, 90m shares at Bt1.1 apiece. Comment: Lets see if this name still pops. INSET wins mobile phone station upgraded, green field and repeater installation for TRUE total Bt250m. SGF anticipates meaningful turnaround 4Q from improved […]
Read More →AIRA sells 20% stake in leasing unit to NEC Capital, an affiliate of Sumitomo Mitsui Finance & Leasing co. Comment: Just looking at their numbers you can see that the company has to raise capital. AMATA sets 950 rais land sales target next year, sets Bt4-5b capex.BBL, KBANK, KTB and TMB delay plan to purge […]
Read More →CBG eyes no.1 domestic energy drink market share by FY22, targeting 20% revenue growth next year from CLMV sales, will finalize plan to list supermarket stores, CJ Express Group, within FY22. Comment: CJ dominates eastern Thailand, didn’t know that eh? Yup a drive around there and you won’t see 7-11’s, tesco’s, bigc’s as much as […]
Read More →JKN moves from MAI to SET from today. OSP sets double digit growth for next year, and Bt2.5b capex to boost efficiency and explore new markets. Comment: Basically they are doubling the capacity of the Vitamin C drink. TASCO to book Bt179m insurance claim in 4Q, still have enough crude to feed Malaysian refinery until […]
Read More →Notable Transactions Buy(s) THB 264 mn ALT – The President and the Director take a combined ~5% additional stake in the company Sell(s) THB 529 mn TQM – The founders sell out via blocks to institutional investors. TKN – Interesting that sister of the founder is selling.
Read More →BANPU: completed acquisition of Barnett shale gas asset in the US on October 1, will book immediate contribution from 4Q20. Comment: Urgh….. BGRIM: signs MOU with Provincial Electricity Authority (PEA) to jointly expand SPP, smart microgrid and renewable energy. CBG: expects to report quarterly record high profit in 3Q from increase market share of Woody […]
Read More →FTSE rebalance on Friday is expected to see $119m inflows, with $90.5m into CRC, $32m to CBG. FTSE Small cap seen inflows into MEGA and JMT, while Micro cap into SINGER and SABINA. Comment: Normally the share prices move up leading to such an event as locals take advantage of the information/time advantage. BTS voiced […]
Read More →BA add 1 daily flight each to 3 routes (Bkk-Chiang Mai, Bkk-Phuket, Bkk-Lampang) from Sept 1. BAM’s earnings have bottomed out in 2Q, with Bt1.16b Net profit expected for 3Q, +32%, excluding Bt2-3b DTA, Tabloid. CGD to launch 2 hotels, Capella Bangkok and Four Season at Chao Phraya river, in Oct and Nov, Bt12b backlog […]
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