AMA: former Minister of Tourism & Sports, Phipat Ratchakitprakarn, raised holding by 2.8962% to 6.8119% on Sept 25. CFARM’s board approved Bt420m investment in dairy farm business, starts with 1,250 milking cows at 1st phase, seeks to branch out from poultry biz to diversify earnings, target cod 1Q26. Comment: Now this is interesting…different economics all […]
Read More →Notable Transactions Buy(s) THB 100 mn Sell(s) THB 365 mn
Read More →KTB anticipates transaction increase from surging tourism participants in secondary provinces stimulus, offering Krungthai e-tax invoice & e-receipt service to support operators from May till prog end in Nov. LHSC’s unit holders approved investment in additional assets, Terminal 21 Pattaya mall project, value not exceeding Bt 5.7b. MAJOR upbeats 2Q earnings from strong ticket sales […]
Read More →CPN expects to attract tremendous amount of traffic to its shopping malls during Thailand’s Pride Celebration 2024 which it hosts in June, as data from TAT shows this segment spends 40% more than avg tourists in general with preferences for luxurious lifestyles. OR sees solid 2Q from tourism, Bt0.70-Bt1.2/liter marketing margin, $80-85/bbl, sets Bt23b capex […]
Read More →ADVANC mulls adding more partners to join point reward programme, aims to draw more BB & mobile subscribers, lower marketing exp, expand ecosystem & enhance revenue upside from existing customers. AEONTS signed partnership with FWD Life Insurance to be selling agent for FWD products via AEONTS’s branches. BCH, CHG, and BDMS are prime beneficiaries after […]
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 […]
Read More →CHAYO: board gives nod to spin-off P-Loan unit, Chayo Capital, (CCAP) will sell IPO 125m shares (25% of paid-up) & list on MAI. Comment: And investors will be surprised by how small this entity is. (or not) GPSC acquires 50% of PTT’s renewable unit, Global Renewable Power (GRP), for Bt1.275b, to complete by end of […]
Read More →AWC expects positive earnings momentum carry thru 4Q driven by strong OCC & RevPar on high season, larger food outlets & hotels network both qoq & yoy, newly coded Intercontinental Chiang Mai Mae Ping & Marriot Chiang Mai to boost earnings. BANPU sees coal & natural gas price ascending from surged demand for heat during […]
Read More →The planned takeover of TTTBB by ADVANC still awaits the nod of the NBTC board, with a meeting scheduled for Oct 25 as all key documents for the determination were sent to the NBTC office as of Oct 14.Comment: C’mon Sarath, just pay them and get it done. BGRIM’s subsidiary, RES Company Sicilia, buys 81mw […]
Read More →BH: anticipates rec high profit this year, sees int’l patients reached 65% of total rev above pre-Covid level, visa-free scheme for Chinese sets good tone for 4Q. Comment: Yes of course. ERW: completed acquisition of 3 budget hotels in JPN, comprising of 2 project in Iidabashi & Ueno Tokyo and 1 project in Kyoto, target […]
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