AP AP targets 2018 revenue at Bt28.1bn and presales at Bt33.5bn. It is going to launch 34 projects, worth Bt49bn after making a new high for 2017 presales of Bt42.9bn. (Khao Hoon, 07/02/18) CHEWA CHEWA plans to launch new projects worth Bt3.75bn. It targets 2018 revenue to grow by 20% to Bt2.4bn. It believes the […]
Read More →AP AP is changing its strategy to focus on developing middle and high-end condominiums via a joint venture. It plans to launch 30-35 projects within this year and reports backlog of Bt52bn, which will be steadily booked as revenue. (Thun Hoon, 12/1/18) BCP BCP has budgeted Bt10bn to improve refinery production efficiency to provide higher […]
Read More →AP AP is partnering with Mitsubishi Estate to develop four condominiums worth Bt23bn this year. It is going to launch the first project, LIFE Sukumvit 62 in March. (Khao Ho on, 11/1/18) BH BH’s 2018 business plan is to focus on more foreign patients. It expects to raise the proportion of revenue from foreign patients […]
Read More →AP AP’s presales made a new high of Bt41.6bn, growing by 85% and exceeding the target of Bt26bn. It has launched 25 projects worth Bt49.04bn this year. (Khao Hoon, 19/12/17) Comment: Part of me is thinking what’s the total presale value in the market today and from some estimates I see that some THB 406 […]
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 →AAV AAV opens two new routes, Bangkok-Chengdu and Phuket-Kunming, to expand its presence in China. It also has increased the frequency of flights from Bangkok to cities that have high potential in tourism in both domestics and overseas. (Thun Hoon, 7/11/17) Comment: I do wonder if there will be a natural spillover to the other […]
Read More →ALT ALT is ready to get into telecommunication infrastructure, supported by backlog of Bt390mn, around 60% of which will be recorded as a revenue in 2H17, driving company growth. (Khao Hoon, 28/9/17) Comment: There is something interesting here, they started out as one of the partners for AIS and are trying to build a network […]
Read More →ADVANC THCOM CSL ADVANC announced the purchase of 250mn shares of CSL from DTV Service, subsidiary of THCOM for Bt7.80/share, giving THCOM cash of Bt1.95bn. It will also buy 84mn shares from SingTel for Bt655mn. (Thun Hoon, 14/9/17) Comment: At 15x PE for CSL it isn’t the cheapest price…effectively its a right pocket left pocket […]
Read More →AP AP plans two condo projects under the ‘Life” brand worth Bt15.4mn. It believes revenue can its target of Bt12.4mn. (Thai Post 12/7/17) CPALL CPALL is issuing perpetual subordinated bonds worth less than Bt10bn with 5% interest rate for the first 5 years. (Thai Post 12/7/17) Comment: Refinancing their debt with lower and lower interest […]
Read More →AAV AAV is opening a short training course for aircraft maintenance personnel in its effort to emphasize its human resources. ( Thun Hoon, 4/7/17) AP AP boasts presales of Bt15bn YTD and expects Bt26bn for the year. The company is about to launch TWO new condominium projects worth Bt12.4bn in 2H17. Revenue is expected to […]
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