JMART Plans on nearly 300 new outlets next year — JMART will invest Bt200mn in 2013 to open 280 new stores and expects 30% YoY growth in 2013 revenue as the 3G licenses will push demand for smart phones. (Tun Hoon, 12/12/12)
Comment: Love the man love the business, he’s done a wondeful job growing his company to this level, and really its the debt collection of JMT that will continue to drive JMART’s business forward for the next 2-3 years.
HMPRO 4Q12 good thanks to HomePro Expo — HMPRO says that 4Q12 performance will be good thanks to HomePro Expo. It expects 2012 sales to reach Bt30bn; 9M12 sales were Bt24.8 bn. Its 2013 target growth is at least 15%YoY (Tun Hoon, 12/12/12)
Comment: Slightly worried about next year’s performance, its a good co yes, but 2012 was all about the flood recovery and how that boosted sales well, 2013 I’m not too sure what will drive SSS
NUSA Management expects tripling in revenue next year — NUSA management said 2013 revenue will grow at least Bt3bn from expected Bt1bn this year. The company plans to launch sis projects worth Bt14 bn. (Tun Hoon, 12/12/12)
PTTEP Cove to require US$1.3bn — PTTEP estimates its recently acquired UK-based Cove Energy will require US$1.3bn in investment capital for its operation the next five years. (Bangkok Post, 12/12/12)
SIRI Backlog up to Bt50bn, booking over three years — SIRI’s backlog has reached Bt50bn and it expects to recognize this over the next three years. This sets a new record high for backlog for both the company and the industry. The company is confident it will reach its target revenue of Bt28mn. (Khao Hoon, 12/12/12)
Comment: The President likes to see his stock price going up up up