AP AP expects to transfer Bt5.3bn in 1Q15. The company has Bt25bn backlog and will realize Bt23.8bn as revenue this year, resulting in 10% revenue growth this year. The company plans to open 24 new projects with total value of Bt36bn. (Kao Hoon, 11/03/15) AS AS expects earnings turnaround this year after business restructuring. It […]
Read More →ADVANC Joining with THCOM to provide service to drilling rigs — ADVANC is joining with THCOM to be the first operator to expand a mobile network to drilling rigs in the Gulf of Thailand, using satellite technology. (Khao Hoon, 16/2/15) AP AP condo wins case. AP set to continue construction and sales activities for its […]
Read More →AP AP to launch new projects with confidence in the recovery of consumer purchasing power. The company plans to launch 24 new projects worth Bt40bn, focusing on condominium projects along mass transit lines. (Post Today, 10/02/15) Comment: ANAN has started to take market share away from AP in terms of projects around the Mass transit […]
Read More →AP AP is confident to achieve revenue of Bt22bn for 2014 vs. Bt17.13bn in 9M14, as a result of a recovering economy and rising consumer purchasing power, particularly landed properties. (Kao Hoon, 2/02/15) Comment: The revenue growth is misleading because they have multiple JV projects, thus not all the recognised revenue %’s go straight to […]
Read More →Given the way December ’14 performed I thought it would be more interesting to present all the transactions that occurred during the month. Notable Transactions Buy(s) THB 6bn AAV, RS, CENTEL, BA, LIVE, M-CHAI, NBC, BA, STA, CPF, MC, EARTH, BBL, BLA, EARTH, AKR, PACE, TH Sell(s) THB 10 bn RS, AAV, CGD, AP, NYT, […]
Read More →AP AP reports presales of Bt21bn as purchasing power has recovered to support demand for property in downtown and near train mass transit. The company is preparing to launch Banklangmueng in Sukhumvit 77 and Rhythm “The Slow Collection” totaling Bt6.35bn. (Thun Hoon, 06/11/14) BEAUTY BEAUTY says 4Q14 will be good on seasonality. It expects revenue […]
Read More →AMATA, HEMRAJ/ SAT, STANLY, AH BoI approves 18 new projects, total value Bt90bn. AMATA and HEMRAJ, SAT, STANLY and AH will all benefit, with the latter hoping to receive orders from Eco Car Phase 2 with five automakers so far having been approved. (Kao Hoon, 08/10/14) Comment: It isn’t necessarily true that the 3 automotive […]
Read More →AP AP, Mitsubishi lay out plans – Mitsubishi Estate Group (MEC), one of Japan’s largest developers, plans to launch three to four residential projects next year in partnership with SET-listed developer AP (Thailand) Plc to capitalise on the recovering economy and improved political climate. “Thailand’s fundamentals such as long-term economic prospects and people’s income remain […]
Read More →What happened? AP announced that it would pay a stock dividend of 10:1 plus a cash divvy of THB 0.02/share, the last time it had paid a stock dividend was on the 4th May 2011 EPS Dilution = 9.1% Now why would companies want to pay out a stock divvy? Personally I don’t care much […]
Read More →ABC ABC launches online shopping tomorrow. It is partnering with credit card companies to allow customers to exchange their credit card points for its online products and services through its website for items such as concert tickets and cell phones. (Kao Hoon, 15/09/14) Comment: still doesn’t explain the current valuation of ABC, I do like […]
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