In the past 2 weeks I’ve done 3 different countries for various reasons and I’m basically done with the international traveling for the year I think, although Vietnam does tempt me, what have I learnt, in a nutshell, Singapore is suffering basically from a decade of fantastic growth, rental rates have killed the retail market, I see far too […]
Read More →ARROW ARROW expects earnings to grow supported by its pipeline business and system construction job, where it has a market share of more than 60%. It expects to get an underground cable job from the government worth more than Bt140bn. (Thun Hoon, 18/10/16) Comment: Thun Hoon must’ve mistyped a few zeroes here. AUCT AUCT […]
Read More →AOT AOT plans to open bidding for an APM system with a project value of Bt2.89bn, offer date on Nov 28 and results announced on Dec 20, 2016. ( Kao Hoon, 06/10/16) BANPU POWER BANPU POWER targets raising up to Bt13.6bn from its initial public offering (IPO) later this month. (The Nation, 06/10/16) BDMS BDMS […]
Read More →ALT ALT is going to do a roadshow in the US. It expects this to increase foreign shareholding. The plans will be firmed in October. It expects to get a new job to support its backlog of more than Bt800mn. It maintains 2016 earnings growth of 10% from last year driven by customer expansion. (Thun […]
Read More →BEAUTY BEAUTY expects 2016 revenue and profit to be a new high due to revenue growth of more than 45% in 2H16. It is negotiating with a partner to set up distributorship in Hong Kong and Taiwan; it expects the deal to be concluded in 4Q16. It expects revenue growth of no less than 20% […]
Read More →AOT AOT expects 3Q16 earnings growth of 16.3% YoY supported by tourism recovery and low oil price. It expects to benefit from competition between low-cost airlines. (Thun Hoon, 27/07/16) BCP BCP expects 2016 EBITDA from retail business grow to Bt3bn supported by low oil price. It has budgeted Bt15bn to expand and renovate its petrol […]
Read More →CPALL CPALL expects its net profit to be good brought by SSS growth and 700 new stores. It expects 1Q16 net profit to be no less than Bt3.85bn with Bt102bn sales. It plans to sell MAKRO shares. (Thun Hoon, 04/05/16) Comment: It does finally look like they are going to do something with their stake […]
Read More →Which country’s government set up is this? 440 members, 330 elected 110 appointed by the Military. If you thought of Thailand I wouldn’t blame you, that is Myanmar’s current structure, raises quite a few questions doesn’t it? Thailand infrastructure projects These ones are postponed – Mr Peerapol said the three projects are the Pink Line […]
Read More →On the back of the sensational news that executives from CPALL were caught with their hands in the cookie jar for front running the public by buying MAKRO shares before the takeover announcement, the SEC has continued on its crusade to clean the SET further. The latest fines are now to WHA – The founder Somyos Anantaprayoon, […]
Read More →AKR AKR expects 4Q15 earnings to be highest backed by Bt500mn in transfers which achieved 2015 target revenue. It expects 2016 revenue of Bt3.2bn (+60%) aided by government projects. It expects to get a 9MW PPA for an agricultural cooperative solar farm in December. It expects to get Bt4bn in electric transformer projects. (Thun Hoon, […]
Read More →