ARROW Says revenue will grow 20% on booking revenue of Bt168mn. It is waiting for bids to open for new project valued at Bt160mn. 2Q15 income is estimated to rise 20%YoY while 1Q15 earnings surged 72% to Bt61mn. Domestic and international funds are interested in ARROW stock. (Thun Hoon, 12/05/15) Comment: Their 1Q15 earnings were amazing, […]

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CCN CCN and partner to bid for government project worth Bt100mn in 2Q15. It expects to get the entire project. The 1Q15 outlook is relatively the same as last year. It expects 2015 revenue growth to reach the target 20%. (Thun Hoon, 17/04/15) COLOR COLOR expects its 2015 to turn to be profitable, after losses […]

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AOT AOT expects revenue growth in 2015 to exceed 15% after stronger-than-expected traffic. The cancellation of charter flights to and from Japan and South Korea has not adversely affected it. The firm plans to go ahead with Phase II of Suvarnabhumi airport. (Khao Hoon, 09/04/15) Comment: Regardless of these cancellations, in the end AOT will […]

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CRANE CRANE says 1Q15 earnings will be better than last year after getting new projects. It targets 2015 revenue growth of more than 20%, with more acceleration of new government projects. It will focus more on foundation jobs to raise revenue. (Thun Hoon, 02/04/15) Comment: I’ve always liked this company, now the issue here is […]

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ANAN ANAN says 1Q15 will be good, backed by large backlog. It will spend Bt4bn for land acquisition and double new launches to Bt31.5bn. It plans to grow backlog to grow revenue over the next five years. It believes the property and building tax will raise developers’ cost. (Thun Hoon, 23 Mar 15) Comment: And […]

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There was a FTSE index re-balancing that occurred on Friday, here’s the breakdown: Large cap inclusion: TRUE (from mid cap); exclusion: BAY. Mid cap inclusion: none; exclusion: TRUE (from large cap). Small cap inclusion: CK, BMCL, SUPER, GUNKUL, GFPT, TICON, CHG, CKP, KCE; exclusion: CPNRF, SUC. All-world inclusion: none; exclusion: BAY. All-Cap (LMS) inclusion: CK, BMCL, […]

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AH AH expects revenue to grow at least 10% this year. It will invest Bt400mn to upgrade its machinery. It is now discussing with business expansion with a potential partner. (Kao Hoon, 16/3/15) Comment: It has been the worst performing auto manufacturing stock in the past 10 years in Thailand AQ AQ will expand more […]

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Hot off the presses: The FTSE Global Equity Index Semi-Annual Review which will take place as of the close of Mar 20, 2015. BAY will be removed from FTSE All-World and FTSE Large-Cap and TRUE is upped to Large Cap from Mid Cap. FTSE Large Cap: Add: TRUE Delete: BAY FTSE Mid Cap: No addition […]

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AAV AAV expects strong recovery this year and targets 14.5mn passengers and double-digit revenue growth. The company said 1Q15 cabin factor will be strong at more than 84%, driven by the influx of Chinese tourists. (Kao Hoon, 24/02/15) New CFO — AAV has informed SET that the Nomination and Remuneration Committee has approved the appointment […]

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AIT AIT announced 2H14 dividend of Bt1.1/share (XD on April 21), after record-high net profit of Bt658.56 mn (+16.26%) in 2014 and revenue of Bt6.65bn. It has backlog of Bt1.487bn, part of which will be realized this year. (Khao Hoon, 23/02/15) BGT BGT plans to expand into ASEAN markets via agents or setting up joint […]

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