ASW reported 3 locations of campus condo sweeping sales of Bt4b, will launch another project nearby Thammasart University Rangsit in 4Q under the Kev project. PROEN wins 2 underground cable project from Provincial Electricity Authority & Mae Sor Municipality total Bt179.8m. TASCO cuts FY asphalt sales volume target to 1.2m tons due to feedstock shortage […]
Read More →ASW: forms venture with Tokyo Tatemono to joint develop Bt2b low-rise project, Kave Coco Bangsaen, adjacent to Burapa university. Comment: An underrated seaside town. Makes sense, there is a lack of decent residential development along the seaside there. SPRC: anticipates 3Q turnaround after hit by stock loss and poor GRM in 2Q. THANI: expects low-key […]
Read More →ASW reports Bt3.5b presales in 1Q23, +227%, plans 3 more projects worth Bt4.25b in 2Q. Comment: One of the few smaller players that is going to survive. BCPG acquires 2 gas-fired power plants in the US worth Bt9b, 426MW , boosting its US capacity to 577MW, sees clarity in battery business after collaboration with Ampace. […]
Read More →ASW plans 12 new projects worth Bt22.5b, sets Bt15b presales target and Bt7.2b revenue, Bt12.9b backlog, sets Bt400m capex for non-property business. AU sees solid 4Q22 on higher tourist numbers and seasonal, boosting FY22 growth to >25% target, mulls new products, 5 new branches, including 2 in HK this year. Comment: And every quarter is […]
Read More →ASW in 51% jv with Japan’s Takara Leben to develop a condo projects worth Bt1.35b under KAVE brand near Kaset Uni, their 2nd jv. BGRIM coded 140mw Amata Bgrim Power (ABP1R) co-gen power plant on Nov 29. BJC upbeats 4Q earnings from positive SSSG at Big C hypermarket, surging traffic at mini Big C on […]
Read More →ASW expands into lifestyle and entertainment by taking 41.18% stake in Zaap World, to add brand value among new gens. Comment: Other than MK suki, and perhaps now After You, what other Thai brands have actually succeeded staying in people’s minds? CKP adds 8% more stake worth Bt21.5b in Luangprabang PP, bringing total to 50%, […]
Read More →Notable Transactions Buy(s) THB 383 mn SABUY – Dumped by the warrants to buy the shares. PRINC – Founder buys shares – a signal to the recent uptrend in brokerage coverage? CWT – Note that this was a convertible debenture purchase JMT – Founder still buys ASW – Like CWT – this is a convertible […]
Read More →ASW reported 9M22 residential sales at Bt13.1b, >Bt10b FY target thanks to strong sales of 2 condos (Kave Town Colony BKK Uni & Atmoz Oasis Onnut), will launch 2 projects Esta Rangsitkhlong 2 (SDH) & Kave Universe Bangsaen (condo) total Bt1.2b by end of year. CHAYO reported 9M22 debts acquisition >Bt4.2b, plans to add Bt10b-11b […]
Read More →ASW forms venture with Tokyo Tatemono to jointly develop Bt2.2b high-rise projects, Atmoz Oasis Onnut. Comment: I am impressed that they are still solvent… CHOW’s firm on Bt1.7b revenue target this year, on higher steel orders in 2H, with higher trading margin, to speed up solar rooftop installation to meet 70MW target by end of […]
Read More →Notable Transactions Buy(s) THB 279 mn JMART – And the founder keeps buying ORI – The founders obviously think they’re going to come out of this period with cracking #’s NUSA – Hmmm…I have question marks on this co, lots and lots of q marks. DTAC – Interesting that the founder of DTAC is jumping […]
Read More →