BANPU BANPU to invest USD350mn in the gas, power plant, and mining businesses. It is ready to develop a five-year plan. ( Thun Hoon, 21/7/17) BCP BCP approved a JV with KSL by a subsidiary. This is to strengthen its ethanol business. The process is expected to be done within October. (Thun Hoon, 21/7/17) Comment: […]
Read More →AQ AQ sold 34,140 million private placement shares worth Bt1.7bn. It is progressing on selling more shares and believes that this is a good signal to negotiate with KTB. (Thun Hoon, 13/7/17) Comment: This was supposed to be an up and coming property firm a few years ago to only have fallen apart in the […]
Read More →AOT AOT denies giving special treatment to King Power and is ready to explain to the court on July 25 . (Kao Hoon, 07/07/2017) BANPU BANPU confirms that the flood in China won’t impact sales volume and will actually help increase demand for coal to replace hydropower that is lost. The company expects sales volume […]
Read More →ANAN ANAN reports strong condominium demand. The company is also looking to enter the serviced apartment business near Ratchada. This is expected to materialize in 2020. (Thun Hoon, 06/07/17) BANPU BANPU is being negatively affected by the flooding in 11 provinces in China, as well as the stronger baht. Management maintains that performance this year […]
Read More →BA BA expects 2H17 to be supported by tourism recovery. The company is going ahead with its new flight routes. It expects to get the EIA approval for the expansion of the Samui Airport to increase the number of flights to 70 per day in 3Q17. It is also benefiting from the kitchen expansion at […]
Read More →AKR AKR will participate in government bids worth Bt2.6bn in 2H17 and expects to win Bt1bn. It aims to export solar panels to Myanmar and Laos for long-term growth. (Thun Hoon, 30/6/17) Comment: Despite all the news this company has released, they’ve never achieved anything over the past 5 or so years ANAN ANAN is […]
Read More →BANPU BANPU stands to benefit from climbing coal price. Management expects revenue to grow 20% in 2017. Power business is also doing well both domestically and overseas. It is also looking to add another 1,000 MW to BLCP in order to support EEC. (Thun Hoon, 26/06/2017) Comment: What climbing coal price? CNT CNT received new […]
Read More →ATP30 ATP30 expects 2Q17 earnings to be better than 1Q17 as it will book revenue from major clients. It is talking with 2-3 clients in an IE in the northeast and expects to benefit from EEC. Revenue growth in 2017 is expected to hit target of 15%. It is budgeting Bt120mn to buy 30 new […]
Read More →ACAP ACAP plans to revise up its 2017 loan target from Bt6bn after already achieving Bt5bn in 1Q17. It is talking to a prospective partner to engage in home loans in Myanmar and Cambodia. (K ao Hoon, 23/05/17) AMATA AMATA expects 2017 revenue to be better than last year thanks to EEC. It has land […]
Read More →AOT AOT reported 2QFY17 earnings of Bt6.47bn, up 17%. This brought 1HFY17 earnings to Bt11.49bn with 65.59mn passenger pass-through. (Kao Hoon, 16/05/17) Comment: What tourism slowdown? Only 5% of the Chinese have passports, just imagine if 10% have passports (note for US citizens its about ~35%-40% depending upon which stat you look at) ARROW ARROW […]
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