ANAN target 7 new projects worth Bt21.93b, 1 in 3Q and 6 in 4Q, maintaining Bt29b full year transfer, Bt19b to transfer last 4 months. Comment: It’s all back ended to the 4Q as it typically has always been for ANAN and the majority of property companies. So lets see how much damage there is […]
Read More →BEM reaffirms solid 2Q from strong tollway traffic & MRT ridership, expects big jumps 2H following debut of Blue line extension (Hua Lamphong – Lak Song) from August. Comment: And BTS has the same story as well BEAUTY signs 6 Chinese agents to distribute skin care products in China, target revenue from abroad surging to […]
Read More →AMA sees wider margins from marine transports as oil price dip, will add oil/chemical trucks to expand onshore revenue, firms on 15% revenue growth target. Comment: These shares have been in the news given the price movement this week ANAN expects big jump 2H supported by Bt34.9b backlog and completion of 6 condos projects worth […]
Read More →AMATA expects jump start investments in EEC area following clarity of formation of new govt, sees IE lands trnsfr accelerate in 2Q, in talk to sell 320 acres land to clients, m/t 430 acres full yr sales t/g. Comment: Both WHA and AMATA are betting heavily on the EEC plan to pull them through AU […]
Read More →BGRIM to COD 3 solar farm projects in Vietnam with 677MW capacity in June, confident of achieving 15-20% revenue growth target this year, eyes 2-3 SPP deals in Thailand by end of-3Q. BTS expects skytrain ridership +4-5% after cod Lat Phrao Intersection station (N9) next to Central Ladpral mall and TMB HQ in 3Q.Comment: I’ve […]
Read More →BA has named South Korea’s Lotte as its partner to vie for concessions to operate duty-free shops at BKK’s main airport and 3 regional ones. Comment: Lotte has been vying for a spot in Thailands duty free market for years just look @ the mall they invested in next to RCA BGRIM sees erngs bottom […]
Read More →BEM’s firm in solid 1Q, while targeting 4-5% growth in 2Q, average ridership of 370-380K/day to rise further on operating of Blue line extension later this year, potentially a month ahead of schedule. BGRIM sets Bt38.5b capex to build powerplants, sees healthy electricity demand from industrial estates clients, in talk to buy 36mw wind farm […]
Read More →AOT board orders study on splitting duty-free contracts to more than one contract in 1-2 weeks. BGRIM expects to wrap up M&A 2 Malaysia gas-fired pp combined 370mw this year, will finalize plans on 150mw wind farm investment in Vietnam before end of-2Q, target cod additional 697mw for remaining of year. Comment: They really are […]
Read More →BBL sets 4-6% loan growth target, adapts well to IFRS9. Comment: Well IFRS9 may be postponed for the entire sector… BGRIM completed acquisition of 124MW GLOW SPP1 Bt3.3b, boosting capacity by 6% from current 2,076MW. BMTA’s cancelled CHO’s Bt1.665b e-Ticket and Cash Box contracts for breaching of TOR. Comment: And then CHO came out with […]
Read More →AH AH upbeat 1H earnings from delivery of auto parts to clients, expects full year exports sales +10% yoy, eyes 5% revenue growth target. Comment: The profit growth is > than revenue but that’s due to their odd deal structure in India BGRIM BGRIM raised holding in subsidiary, Bgrim Solar Power Rooftop, to Bt251m from […]
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