AH sells shares of JV company in Vietnam, AVAP, to Vinfast trading for Bt377m, will book gains in 3Q. Comment: From talks with folks in Vietnam, this is because Vinfast is slow with the roll out and difficult with negotiations. Most likely a prudent move made by AH. DEMCO sees strong 2H upon realizing Bt1.13b […]
Read More →ECL expands commercial auto hire-purchase business, to capture demand from logistic segment, maintain Bt3.6b full year loan growth target, will wrap up M&A insurance broker before year end. Comment: I still find this to be a rather strange company in the way they operate multiple businesses under 1 roof. HUMAN to wrap up 3 JV […]
Read More →AEONTS AEONTS expects loan growth of 5% in FY2018. In 1H18FY, it has already provided loans of Bt52bn. It plans to launch promotions to stimulate spending during the yearend festivities. It has entered Myanmar, Cambodia and Laos and expects loans to reach Bt13bn in FY2020, pushing foreign revenue up to more than 10% of total […]
Read More →GPSC GPSC fell sharply by 10.12% after GPSC prepared to appeal to the Energy Regulatory Commission (ERC) after the GLOW acquisition was denied. It has 30 days to appeal on the grounds of maintaining shareholder interest. It reiterated that the acquisition is required by regulations. (Kao Hoon, 22/10/18) Comment: We have our doubts that this […]
Read More →ANAN ANAN will launch “Ideo Mobi Sukhumvit Eastpoint” condominium which is located at Bangna near the BTS Bangna station, so this condominium will attract buyers who need convenient transportation. (Thun Hoon, 19/10/18) Comment: As are the majority of their projects. ASIAN ASIAN says there are a lot of new orders and increasing customers. It targets […]
Read More →BEM BEM is confident that the second phase of the Blue Line extension will open in September 2019 and the third phase will open in 2020. It will ask for a renewal of the second-stage expressway concession in mid-2019. It expects expressway revenue growth of 2% and MRTS revenue of 7% next year, excluding the […]
Read More →BPP BPP gets Vietnam gov approval. BPP reports that Vietnam’s Department of Business Development has approved its 80MWz wind power plant project. The project is divided into three phases: 30MWz, 30MWz and 20MWz. The first phase of 30MWz will generate electricity in 2020. (Thun Hoon, 9/8/18) Comment: Vietnam is a country in desperate need of […]
Read More →ADVANC ADVANC opened up its AIS Next G service to run on all makes of Android smartphones. The company’s Next G app allows the company to penetrate 15 million Android smartphone users. The company expects revenue to grow 7-8% this year. (Kao Hoon, 8/6/18) AGE AGE expects operations to be good in 2Q18 as coal […]
Read More →BSM BSM’s earnings in 1Q18 improved significantly, up 115.6% YoY, supported by strong performance of its hospital segment. The company targets revenue for 2018 at a record high of Bt800mn. It will expand to the property development business. (Thun Hoon, 17/5/18) Comment: They’ve been quiet for some time. Wondering if this is going to be […]
Read More →AOT AOT says plans to invest Bt120bn in second airports for Chiang Mai and Phuket. It expects to get board approval on May 25. On April 25, the AOT board approved a decision to accept a contract to manage four more airports (Udon Thani, Sakon Nakorn, Tak, and Chumporn) for the Department of Airports. This […]
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