AUCT will focus on urban areas in the east next year and is preparing to expand its line of business to boost revenue. (Khao Hoon, 26/11/15)
Comment: Still a wonderful asset-light business model, but don’t care much for its valuation at the moment
CSS expects to have 2015 revenue of Bt4.8bn and get a project in Myanmar on the boom in communication. Its current backlog is now Bt1.3bn. (Thun Hoon, 26/11/15)
Comment: With a backlog of only thb 1.3bn there’s no way it can justify its current valuation….but retail seems to believe otherwise, management obviously doesn’t give his continuous selling of stock
DTAC reports that roaming data usage this year has grown 50% with voice roaming slipping around 10%. Total revenue from roaming is Bt600mn, close to last year. (Khao Hoon, 26/11/15)
EGCO plans to 5-year investment of Bt91bn in order to expand power plants. It expects to generate profit of Bt10bn in 2017. (Thun Hoon, 26/11/15)
Comment: There’s something interesting happening here with EGCO being one of the few utility companies to potentially grow 20% p.a. for the next 5 years.
AKR expects net profit to grow in 2014 as it has backlog of Bt1.1bn. It expects 2015 revenue growth of 15% YoY on rising electric inverter sales supported by demand from renewable energy sector. (Kao Hoon, 18/09/14)
Channel 3, NBTC meeting fails to reach compromise – The dispute between Channel 3 and the broadcasting regulator is likely to face a deadlock after initial talks between the two sides on Tuesday failed to reach a satisfactory conclusion. (Bangkok Post, 18/09/14)
Comment: There’s not much time left for BEC until their channels go dark.
Bt4bn expansion eyed for Bangkok Hospital – 300 new beds will serve foreign patients. Bangkok Dusit Medical Services Plc (BGH), Thailand’s largest hospital group, plans to spend Bt4bn to expand its flagship Bangkok Hospital to tap rising demand for medical tourism among foreign patients. (Bangkok Post, 18/09/14)
Comment: It will continue to be an expanding & acquiring co for the foreseeable future, I still shake my head at their convertible bond.