AWC’s urging government to provide incentives for overseas companies to setup their regional HQs in TH, said international tenants at its office towers account for 70%, yet there’s still room to grow. AWC currently is not interested in the proposed legal casinos or entertainment complexes. Comment: Why? Thai Beverage already has this and pay effectively […]
Read More →ADVANC 4Q net profit @ Bt7.36b vs Bt7.485b estimate, FY @ Bt29b, +12% yoy vs Bt29.3b consensus, pays Bt4.61 dps XD Feb 19, AGM Mar 25. APURE targets record high revenue this year >Bt3b driven by larger sweet corn exports volume to US, Japan & Saudi Arabia, improved orders feeding from hotels & F&B clients […]
Read More →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 →AOT: Civil Aviation Authority (CAAT) affirms readiness of DMK airport to accommodate high season, handling capacity 57 flights/hr. able to cope with increased flight slots. Comment: The issue isn’t in TH, the issue is that China is isolating itself and making life difficult for citizens to easily fly overseas, and that incredible India doesn’t have […]
Read More →ADVANC sold 33.33% of e-wallet Rabbit Line Pay to Line man (TH) & Line Company (TH), VGI also purged 33.33% to both parties. Comment: Looks like digital wallets and all these “fancy” things actually don’t make $….who woulda thunk it. BAFS maintain 4.2b FY jet refueling volume target +40% yoy from 2.99B FY22, sees rev […]
Read More →CPF: announced buyback, up to 200m shares (2.32% of paid-up) under Bt5b budget from Dec 19 till Jun 18,23. Comment: I suppose that this makes sense, given that no one else wants to buy their shares…. DTCENT: GPS tracking product, software & service solutions, DTC Enterprise, debut IPO 305m shares at Bt2.86 apiece, Capital One […]
Read More →AAV: expects improvement in revenue & passenger load factor next year as tourism starts to pick up, will returned 5 aircraft at end of year, shrink fleet size to 53 aircraft, sufficient for service till eo-FY23. Comment: They’re not expecting any mass chinese tourism. AH: upbeat 4Q earnings from recognition of chassis orders for VinFast […]
Read More →ASIAN target FY22 sales growth >15% driven by frozen seafood & pet food exports, mulls spinning off pet food unit, Asian Alliance (AAI), expects to submit filing by end of April, listed in 2H. ATP30 sets record high revenue growth target at 25% to Bt600m, 10% NP growth, by using technology to boost competitiveness. Comment: […]
Read More →ADVANC sets Bt25-30b 5G capex next year, while AISCB to start lending services 1Q22, penetrating 43m its customer base., sees strong data traffic next year supported by Metaverse trend, roll out bundled 5G handset and air time package to boost market share. Comment: SCB is no longer restricted to its own branch network. Britania, a […]
Read More →Notable Transactions Buy(s) THB 1.2 bn BTS – The Chairman bought back a huge amount of shares post the BTS x JMART Group link up VGI – He bought YUGE amount of shares post the BTS x JMART Group Link up TU – The Chairman thinks his shares are cheap (?) I doubt management’s ability […]
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