BTS BTS passes first step to become co-ticket system developer worth Bt430mn.The Office of Transportation and Traffic Policy and Planning will ask candidates to offer technical plan and pricing in late April. It is expected to announce the winner in May.(Khao Hoon, 07/03/14) Comment: There is no reason why BTS shouldn’t win this  LPN LPN […]

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AP AP preparing to launch 19 new projects worth Bt23.7bn. It targets 2014 revenue of Bt21bn. It will launch SOUL worth Bt920mn focusing on high-end area in Ratchada. (Khao Hoon, 17/2/14) Comment: Old news, however it is funny to see the property sector actually being one of the best sector performers this year DTAC DTAC […]

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AGE Subsidiary investing in two power plants —AGE is having subsidiary AGE Power Holdinginvest in two power plants. The first is in Sukhothai with 3 MW. The other is in Phichit with9.9MW. It expects coal sales grow to 4 million tons. (Khao Hoon, 30/1/14) Comment: Now the forecast has increased to 4mil tonnes from 3mil […]

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ARROW ARROW continues to grow in high season 4Q13 — ARROW says that clients are making many orders. It expects 2013 revenue growth of 13-15% YoY, below its earlier target at 20% YoY and is also building a new factory. (Khao Hoon, 12/12/13) BTS 8% YoY growth in passengers this year — BTS expects passenger […]

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CHO Dividend this year — CHO is confident that it will be able to wipe out its accumulated losses in 3Q13 and start paying dividends this year, back to its dividend policy of no less than 40% of net profit. It expects 2013 revenues to achieve its targeted growth of 20%. It is waiting for […]

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JUTHA Board approves capital increase — JUTHA’s board has approved a capital increase of 49mn shares, priced at Bt4.50/share; 22.45mn will be privately placed (PP). (Khao Hoon, 16/09/13) Comment: Looking to buy more ships?  LPN GFP raises LPN holding — The Government Pension Fund (GPF) has increased its holding in LPN by 10mn shares to […]

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BEC-Tero reaches for the stars this year : The entertainment industry will continue to have a bright outlook in the second half of this year despite declining consumer purchasing power, says BEC-Tero Entertainment Plc. Bangkok Post  BECL TTW to help boost BECL’s 2Q13F — BECL expects to report revenues of Bt1.93bn and profits of Bt420mn […]

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ANAN Buying more land for a luxury condo — ANAN is investing Bt1.417bn to acquire a new land plot to develop a luxury condominium project worth Bt6.5bn and expects presales to start in 4Q13 with transfers in 2016. The company said revenues will grow by 100% this year and expects transfers for 2013 to amount […]

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ITD and LOXLEY: Likely to win water projects. The government is expected to announce the winners of the Bt350b water management contracts by end of this month. According to the press report, ITD Group (ITD Power China) may win its bid for five modules worth Bt110b. LOXLEY consortium will likely win one module worth Bt4b. […]

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ECF ECF surges on listing — Shares of East Coast Furnitech (ECF), which began trade on the mai yesterday, doubled from their IPO price, surging 101.67% to close the day at Bt2.42 in trade worth Bt837.65mn. (Bangkok Post, 27/03/13) Comment: No comment. Ok no i will, ECF IPO’ed @ about THB 600 mn mkt cap, […]

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