ABM ABM closed at Bt2.52, 40 %above IPO price on the first day of trade .The company will spend Bt135mn to expand its palm kernel warehouse, build wood pallets )for biomass power plant (and expand the sawmill . Management said lots of orders will underwrite 2Q18 sales growth of 30 %to 22,000 tons/month and it […]
Read More →BIZ BIZ to join auctions of government and private organizations, aiming to get projects worth Bt200-300 in portfolio. The current backlog is Bt1.46bn. It aims to hit sales growth of 10% this year. Recently, shareholders approved paying dividend of Bt0.08/share. ( Thun Hoon, 23/4/18) CK CK is planning to join three auctions valued at Bt4.3bn. […]
Read More →CK CK to use CKP to buy shares of 1285-MW Xayaburi power plant from BEM for Bt2.5bn, lifting its shareholding to 37.5%. It plans to issue a Bt2.5bn bond to pay for the purchase. (Thun Hoon, 23/3/18) IVL IVL partners with Alpek and Far Eastern to set up CC Polymers to buy a PTA-PET factory […]
Read More →AIT AIT targets 2018 revenue at Bt6bn, implying a growth of 20% from last year. It plans to join the bidding for both government and private sector projects. It says the competition in the industry is still intense this year and it will focus on high margin projects. It will join the bidding for system […]
Read More →BANPU – BPP Court closes book on Banpu dispute. Miner will pay B2.7bn to jilted plant partner. The Supreme Court brought a decade long dispute to a close yesterday, ordering Banpu Plc to pay 2.7 billion baht to Siva Nganthavee over activities that negatively affected Thai-Lao Lignite Co’s (TLL’s) involvement in the Lignite Hongsa coalfired […]
Read More →AIT AIT targets 2018 revenue of Bt6bn, growing 20%, backed by its current backlog of Bt2.593bn, which will be booked as revenue. It reported 2017 earnings of Bt431.1mn and announced a dividend on 2H17 of Bt1.4/share, XD on 20 April 2018 . (Thun Hoon, 19/02/18) Comment: And is this the turning point for the industry? […]
Read More →CENTEL CENTEL has budgeted Bt1.2-1.5bn to add more stores and to invest in hotels and it plans to continue making new deals to acquire businesses. It projects 2018 occupancy rate will be at least 82% and revenue from its food business will grow by 7-8%. (Thun Hoon, 21/12/17) CK CK is going to bid for […]
Read More →AGE AGE says The logistics and warehouse service business has a good outlook next year, as it expects to receive Bt500mn revenue. It plans to close the deal to set up a joint venture with a Chinese partner in 2017 and raise revenue proportion from overseas to 20%. It also expects revenue to grow by […]
Read More →CK CK expects backlog to increase to more than Bt100bn. It also expects to get new projects worth at least Bt40bn from joining bidding for Bt200bn in projects. It is preparing to get CKP’s hydropower plant construction project worth Bt100bn. (Thun Hoon, 19/9/17) Comment: Its now just funny money for the big 4 contractors JSP […]
Read More →CK CK gets a project worth Bt275mn. CK got the Srirat outer ring expressway project worth Bt275mn. This puts its backlog at Bt97.7bn. (Khao Hoon, 3/8/17) MACO MACO plans M&A deals both abroad and in Thailand. This is expected to be more clear in 4Q17. It plans to invest Bt150mn to change 30 LED boards. […]
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