BRR expects 70% revenue growth target this year to Bt7b on higher global price and solid growth in biomass power plant and wood pellet business. FPT sells build-to suit warehouse in logistic park Ayudhaya to Watson (TH), the 3rd distribution center at Bangpli & Khonkaen logistic center, target cod within 2Q23. NWR firms on 50% […]
Read More →AH maintains 30% FY revenue growth target supported by strong EV parts orders, sees bright outlook next year on Ford plans to designate TH as EV production hub in SEA. Comment: I always find this news related to EV’s from the auto manufacturers amusing because the management themselves will say that this isn’t true volume […]
Read More →AUCT sees repossessed vehicles traffic accelerates thru auction yard aft debts relief prog phased out since July, expects FY22 traffic in the system above 300k vehicles. Comment: And they’ve increased the fee that they charge…. BAM reaffirms Bt4b cash collection target in 3Q, will announce JV distressed assets management venture on July 29, sees earnings […]
Read More →So the THB is the weakest in 16 years and as of this Monday evening has crossed 37 to the USD again, whereas the equity market remains flat for the year. Amusing times….all eyes on this week as 16 central banks are making a decision within 24 hours, shouldn’t they all be increasing rates?
Read More →Notable Transactions Buy(s) THB 240 mn SPALI – The power couple keeps buying and buying and buying. SUSCO – Now that’s interesting, haven’t seen them buy shares in a long time, a beneficiary of falling oil prices and increase in fuel volume (via its holding in BAFS and trading oil to Cambodia) Sell(s) THB 112mn […]
Read More →Week 12/09 – 16/09 Combining stock news + some interesting country specific news. Stock News ACV VN Vietnam’s transport ministry directs ACV and concerned units to speed up construction of Long Thanh International Airport in the southern province of Dong Nai and ensure the operation of the first flight on Sep 02, 2025, news website […]
Read More →BYD set to pursue state EV incentives: BYD is expected to be the latest Chinese automaker to take up the government’s electric vehicle (EV) incentives when its sole distributor Rever Automotive Co signs an agreement with the Excise Department later this month for a tax reduction and subsidy that make the firm’s “new energy vehicles” […]
Read More →ASW forms venture with Tokyo Tatemono to jointly develop Bt2.2b high-rise projects, Atmoz Oasis Onnut. Comment: I am impressed that they are still solvent… CHOW’s firm on Bt1.7b revenue target this year, on higher steel orders in 2H, with higher trading margin, to speed up solar rooftop installation to meet 70MW target by end of […]
Read More →AWC signs development and management contract with Marriott International to develop and management the Ritz Carlton BKK the Riverside. BA firms on Bt8b revenue target this year, sees solid recovery in tourism, mulls opening new routes. BEM to source for Bt120b, without resorting to capital increase, for investment in Orange Line, firms on >Bt2b profit […]
Read More →BAREIT: BA Airport Leasehold REIT, debut IPO 1.03b units at Bt 10 apiece, KBANK leads & KASSET trustee. BCP ramps up Oil & Gas EP investment in Norway via flagship venture OKEA drilling co (45.7% holding) as 1H22 OKEA revenue +148% yoy to Bt 10.2b boosted by geopolitical conflict, rising price and increasing global demand. […]
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