BGC expects 4Q turnaround from lower bottle production costs as gas & cullet price drops, full quarter contribution of 74mw solar farm, recovery sales volume as demand for F&B grows. Comment: When Singha Beer sneezes, BGC catches the flu. BJC’s firm on 4-5% revenue growth target this year, sets Bt10b next year capex for glass […]
Read More →AOT to seek board approval for TOR of Suvarnabhumi’s 3rd runway in Jul, seeks new govt to approve its Bt202 development plan, including in new airports in Phuket and Chiang Mai.Comment: I’m not holding my breathe whilst waiting for this to go through DELTA may see 2Q FX losses from strong THB. Comment: All of […]
Read More →DELTA teams up Nissan to provide EV home charging systems and after sales services for Nissan Leaf users. Comment: Good for Nissan, sure; good for delta? I have my doubts ITEL said Bt5.7b existing backlog to drive revenue growth by 30-40%, to boost domestic revenue and keep expanding oversea. JUBILE sees growth momentum into 2Q […]
Read More →And boom these are the latest changes to the MSCI announced yesterday. MSCI STANDARD: (+) INTUCH, RATCH, DTAC (-) DELTA MSCI GLOBAL SMALL CAP: (+) AEONTS, AAV, BLA, EASTW, PSH, TASCO (-) MC, PRINC, THCOM, TFG, VGI, VIBHA
Read More →AGE AGE set capex of Bt30mn to set up a sorting and gliding plant, supporting its coal transportation services by sea, which it expects to contribute 10% of total revenue. It expects earnings growth of 10% with coal sales target growth of 20-30% to 4mn tons, focusing on customers in China, Vietnam and Cambodia. (Thun […]
Read More →DELTA DELTA is seeing order flow from existing and new clients. The company expects revenue growth of 20% in 2019, boosted by capacity expansion in Thailand and India and rising demand for auto-related parts. (Thun Hoon, 6/12/18) Comment: And on top of that DELTA is taking the Thailand side private KKP KKP’s CEO has a […]
Read More →BEAUTY BEAUTY expects government to approve visa fee exemption which will benefit to its business. It expects 4Q18 results to be good, supported by high season. It continues to add new stores to boost its revenue. (Thun Hoon, 30/10/18) Comment: Nothing wrong with the business we think, just the value of the shares. For the […]
Read More →CPF CPF unveiled its three-year business plan. It expects revenue from the broiler business to reach Bt50bn and plans to raise the contribution of processed chicken. It expects export growth of 10% annually. It expects revenue from the broiler business to reach Bt45bn this year, +10%YoY. (Thun Hoon, 26/9/18) Comment: As a holdco its ridiculously […]
Read More →ASEFA ASEFA expected 2H18 results to be good supported by high season. It targets 2018 revenue growth of 10-15%. It is working with a partner to set up a subsidiary “Smart Grid International” to increase revenue. It continues to reduce energy cost. (Thun Hoon, 8/8/18) COM7 The Taiwan manufacturer of iPhone chips A11&A12 was hit […]
Read More →DELTA Delta Taiwan upping holding to alleviate trade war risk. The President of DELTA Taiwan reiterated that the increase of the parent company’s holding in DELTA is being undertaken to reduce the risks arising out of a trade. (Thun Hoon, 7/8/18) Comment: That is the rhetoric from the company…and then the media domestically and internationally […]
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