AEONTS AEONTS’s loan growth improved YoY, backed by its strong credit card business. It expects the revived economy to enhance the ability for debt repayment, controlling NPLs to 2.35%. (Thun Hoon, 21/6/18) Comment: So all the news last year about the BOT limiting the customer types that can receive credit cards has had no impact […]
Read More →ALT ALT is cooperating with Itron France SAS and has signed a contract for the development of a power network in Pattaya from PEA worth Bt715mn. (Kao Hoon, 14/6/18) APCS APCS expects to sign new projects worth Bt1bn, raising its backlog to Bt3.5bn. It plans to focus more on the construction of power plants and […]
Read More →ANAN ANAN targets 2018 total number of transfers to grow by 76%, reaching Bt40bn and targets presales to grow by 24% at Bt40bn as well. It plans to launch 22 new projects worth Bt48bn and has budgeted Bt9-11bn for investment to buy land. (Thun Hoon, 24/11/17) Comment: Still a straightforward story from this developer, the […]
Read More →AH AH will invest Bt3.52bn to take 25% of Sakthi Global Auto Holdings Limited (SGAH). Funding will come from US$25mn in cash and US$75mn in loans from financial institutions. After the purchase, SGAH will undergo restructuring. (Kao Hoon 26/05/17) Comment: I hope that it won’t be a mess of an acquisition like the KPN purchase […]
Read More →ABC ABC plans to invest in WeChat Pay project, a mobile payment application for Chinese tourists. It expects this to contribute revenue of Bt1bn/month. It plans to partner with department stores and is looking for other partners as well. (Kao Hoon, 07/03/17) Comment: Where does the news get these magical #’s from? APCO APCO […]
Read More →AOT AOT will pay a dividend of Bt6.83/share, XD on Dec 8. Earnings look good on seasonality and government stimulus measures. It expects 26.4% passenger growth and 9.52% growth in number of flights. (Thun Hoon, 07/12/16) Comment: Granted the short term impact of zero-dollar tours from China is going to hurt the #’s from AOT […]
Read More →BANPU BANPU expects 3Q16 net profit to be better than 2Q16’s Bt281mn thanks to higher coal price. It plans to invest in solar rooftop by negotiating with IEs, department stores and residences. (Thun Hoon, 12/09/16) BRR BRR’s board approved setting up an infrastructure fund for the power business of its two subsidiaries (Buriram Sugar and […]
Read More →ANAN ANAN targets 2016 revenue to reach Bt11bn backed by Bt37.2bn backlog. It plans to launch 12 projects, valued at Bt22bn. (Thun Hoon, 26/02/16) Comment: Seems to be rather conservative estimates coming out from the management team given their backlog, lets see how things unfold during the year BANPU BANPU expects net profit to return […]
Read More →AJD AJD reported 9M15 net profit of Bt25.64mn (+1,007%). It expects continued growth in 4Q15. (Khao Hoon, 19/11/15) Comment: While he may wear the funkiest sunglasses in all of his advertisements, the company hasn’t proven itself in terms of a consistent financial performance AOT AOT expects FY2016 earnings to be good on opening Terminal 2 […]
Read More →AJD Japanese investors are interested in AJD shares, talking with FA to do a takeover.Management is confident 2015 earnings will double, backed by increasing set-top box sales and booking revenue from two subsidiaries. (Thun Hoon, 21/07/15) BSM BSM expects to list subsidiary within two years. It is talking to a prospective partner to broaden its […]
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