ANAN ANAN has Bt49bn backlog which will be booked as revenue until 2022. It targets revenue to reach Bt38bn. It will launch two property projects with total value of Bt6.4bn in 4Q18. (Thun Hoon, 19/11/18) Comment: And the founder has bought back more shares in the market COMAN COMAN notified the SET that it acquired […]
Read More →AH AH will join with VINFAST to build vehicle chassis factory in Vietnam worth Bt1.8bn. It will start operations in 3Q19. (Kao Hoon, 13/6/18) Comment: Thats just amazing for AH, if you know whats going on in Vietnam you’ll see that the government is essentially trying their best to mimic the koreans and develop their […]
Read More →AOT AOT signals 4Q17 earnings of Bt4.69bn, driven by more passengers, especially from China. It will also gain more revenue as King Power operates commercial area in Don Muang Airport’s Terminal 1. AOT expects Suvarnabhumi Airport expansion to bring more profit. (Thun Hoon, 11/9/17) Comment: As long as there are still problems in Korea, don’t […]
Read More →AOT AOT to hire PLE to build a building for Bt14.2bn. It also approved King Power to manage commercial areas in Don Muang airport for 10 years. It plans to open up more projects for bidding. It targets 2017 passenger growth of 7-8%. (Khao Hoon, 24/8/17) Comment: PLE? How on earth they did win this? […]
Read More →ANAN 2Q17 earnings grew 33%, reaching Bt279mn. ANAN will pay an interim dividend of Bt0.06/share. Market consensus expects 2H17 earnings to continue to expand. (Thun Hoon, 09/08/17) CPF CPF’s 868.3mn newly-issued shares will begin trading today. These shares were issued as a rights offering (5 old :1 new) to existing shareholders for Bt25/share, giving CPF […]
Read More →EARTH KTB to send legal officers to investigate EARTH after it filed for bankruptcy with the Central Bankruptcy Court with total debt of Bt47.5bn, higher than its assets of Bt31.8bn (Bangkok Biz, 1/8/17) Comment: “Where did our money go krub?” FTE FTE signals brighter 2H17 earnings, driven by private and public projects with total […]
Read More →ADVANC ADVANC is paying a dividend of Bt3.51/share, XD on August 7. 1H17 earnings fell 16% due to depreciation and higher expense. 2Q17 net profit decreased 6.2% to Bt7.2bn. (Khao Hoon, 31/7/17) AOT AOT expects FY2017 (Oct 2016-Sep 2017) tourist arrival growth of 8-10%, driven by government measures to boost the tourism industry. (Thun Hoon, […]
Read More →BPP BPP is expanding in both domestic and international markets. It bought a 28MW solar farm in Japan. It plans to invest US$82mn in 2H17 in both M&D deals and auction in order to underwrite long-term growth. (Thun Hoon, 26/7/17) EARTH SET asks EARTH for more detailed explanation. The SET is responding to the company’s […]
Read More →Everyone once in a while there’s a comment that there is going to be a bond crisis in Thailand, I just don’t see it. Here’s the issue with these BE’s They are junk companies. They were able to get paper financing at rates lower than bank financing (IFEC with single digit cost of funding for […]
Read More →AMATA AMATA believes it will reach its land sales target of 1000 rai. It is now negotiating with Chinese, Japanese, European, and US customers to buy 100 rai of land. The company says 2017 revenue will be higher than Bt4.7bn. ( Thun Hoon, 18/7/17) Comment: The share price had risen on the news of the […]
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