BCP BCP has budgeted Bt77bn to expand its business over the next four years. It targets EBITDA to reach Bt30bn and market share to reach 18% in 2023. It targets production capacity of 135k bbl/day in 2020. (Kao Hoon, 14/11/18) BEAUTY BEAUTY reported 3Q18 revenue of Bt1.08bn, +26%YoY. 3Q18 earnings were Bt329mn. 9M18 revenue was […]
Read More →AH AH expects 2018 revenue growth of 5% supported by the uptrend in the automotive industry. It expects to produce 2.08mn cars this year. It has budgeted Bt1.8bn to improve production and purchase robotic machines. (Kao Hoon, 30/8/18) Comment: Still am curious to see how their expansions into India and Vietnam play out. On paper […]
Read More →BA BA is partnering with three groups to submit a bid to operate the duty-free zone in Suvarnabhumi Airport, competing with King Power. The result of the auction is expected to be announced within the next three months. Management guided that 2Q18 earnings will improve YoY on higher traffic growth. It expects 2018 revenue growth […]
Read More →BCP BCP to divest its indirect investment in Galoc oil field in the Philippines for Bt660mn and continue to expand its E&P investment in Norway with the expectation of concluding the deal by 4Q18. (Kao Hoon, 16/7/18) BGRIM BGRIM expects to start commercial operation of an additional 180 MW in 2H18. The company is working […]
Read More →AOT Yesterday, AOT opened a new domestic terminal at Phuket Airport that will increase passenger capacity to 12.5 million/year. For its 7MFY18, the company reported passenger traffic growth of 10% YoY to 84 million. (Thun Hoon, 26/6/2018) Comment: Finally this is completed. More expansions coming for AOT ASAP ASAP expects revenue to grow 25% this […]
Read More →BCP BCP expanded its upstream petroleum business with the acquisition of a Bt3.76bn field in Norway. (Kao Hoon, 22/6/18) BEM BEM has amended its agreement with CK to speed up the construction of the Blue Line, targeting operational startup on August 14, 2019, ahead of the original schedule of September 2019. (Kao Hoon, 22/6/18) GPI […]
Read More →ANAN ANAN expects transfers will increase in 2Q18 as Ashton Asoke project worth Bt6.7bn has started transfers. The company is going to launch three new projects worth Bt8.047bn and targets to achieve revenue of Bt38bn. (Kao Hoon, 18/5/18) Comment: But this hasn’t been official yet hence the volatility in the share price in the past […]
Read More →Potential Changes to the SET50 and SET100 These names have not been confirmed yet but brokers are expecting that these will be the changes. SET50 Expected Additions: BGRIM, DELTA, ESSO, KTC, RATCH Expected Deletions: BCP, KCE, PSH, TPIPP, WHA SET100 Expected Additions: BLA, ERW, MBK, PRM, PTL, RS, THANI, VGI Expected Deletions: ANAN, BA, BIG, […]
Read More →APCS APCS is ready to do the pilings for a community waste management project for producing energy with mechanical-biological technology at Solid Waste Disposal Center under the management of Krungthep Thanakom worth Bt1.87bn in early May. Management expects to recognize revenue this year and next and is confident it will be awarded more jobs with […]
Read More →If you want to know what’s been going on with the renewable stocks, its because of news such as this. Even though the government and related agencies put together a thorough Power Development Plan for the next 2 decades clearer showing that Thailand is does NOT have the power necessary to fulfill future demand, this […]
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