Well, so much for a speedy push through of infrastructure projects, the government decided to take over the SRT and redo the TOR for the inter-city dual track rail network projects that are worth an estimated ~THB 100 bn. Why? The public reason is to allow smaller firms to participate in the bidding and construction […]
Read More →ARROW ARROW is studying setting up a plant in Myanmar. It has budgeted Bt30mn to buy machines and improve its products. It expects 1Q17 performance to be good after substantial sales growth in the first two months of the year. (Thun Hoon, 10/03/17) AU AU approved cash and stock dividend. Its 2016 net profit was […]
Read More →AJD AJD reported 2016 net profit of Bt355mn backed by AJ Top Up machines. It expects to continue to grow in 2017 with a target of 40,000 Top Up machines. It expects to ask board approval to change the company’s name to AJ Advance Technology (AJA). (Kao Hoon, 02/03/17) Comment: Am I going to have […]
Read More →AGE AGE targets 2017 revenue growth of 30-35% supported by an uptrend in coal price. It has backlog of more than 500K tons which will be delivered in early 2Q17. It has budgeted Bt500mn to engage in the services business and plans to increase the number of its ships from 8 to 22. (Thun Hoon, […]
Read More →Thailand Future Fund Thailand’s future fund is still ongoing developments have been slow in the past 12 months but the government seems to be picking up steam as we have the potential IPO of the Thailand Future Fund coming in April ’17 What projects could it initially injected? Apparently the MoF is targeting to have 2 […]
Read More →ABC ABC plans to take over AQ project, S Ratanathibet worth Bt2bn. This will add to its revenue. It expects this condominium to finish construction in 2017. It continues to expand business to support its revenue in the long run. (Thun Hoon, 08/12/16) Comment: AQ has been an amazing flop with assets being snapped up […]
Read More →ACAP ACAP targets 2016 loans of Bt4bn after reaching Bt3.8bn in 10M16. It expects 2016 performance to turn around, after a 9M16 net profit of Bt94.26mn. It plans to approve property loans of Bt100-300mn. It plans to issue debentures to broaden its business base. (Thun Hoon, 15/11/16) AOT AOT is confident 2016 earnings will be […]
Read More →BA BA plans to expand routes and flights in 2017 to enable it to increase the number of passengers. It will receive delivery of 1-2 new planes in December. It reported 3Q16 earnings growth of 15% with revenue of over Bt6.7bn, supported by high season. (Thun Hoon, 14/11/16) BIZ BIZ reported 3Q16 net profit of […]
Read More →ANAN ANAN expects to report 3Q16 earnings on Nov 9. It expects Bt11.8bn in backlog to be transferred. (Kao Hoon, 04/11/16) Comment: According to management next year is the period when they “harvest” all the past projects BH BH reported 3Q16 net profit of Bt966mn, up 14.5% with revenue of Bt4.64mn, up 5.6% brought by […]
Read More →AAV AAV expects 3Q16 to grow 20%, driven by Chinese tourists. It plans to open four more routes after already adding 10 routes this year. It is ready for the AOC assessment on Sept 12. (Thun Hoon, 7/9/16) Comment: A discussion with the founder, T.F., indicates that he’d like to take back all of the […]
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