APCO APCO expects to sign a contract to set up JV in November. It believes this will underwrite good growth (from the average of 10% now). It plans a marketing campaign to push up sales over the final two months of the year. It expects 2016 growth of above 10%. (Thun Hoon, 31/10/16) BANPU BANPU […]
Read More →AJD AJD expects to reach 50,000 mobile top-up machines nationwide this year after reaching 30,000 in mid-September. It expects to get revenue from Alibaba members in 1Q17. (Kao Hoon, 14/10/16) Comment: Perhaps Jack Ma being in town this week helped the sentiment behind this name ASIMAR ASIMAR plans to bid for a PAT job worth […]
Read More →AOT AOT board approved the plan to develop Hat Yai airport. The development will cover a 2year period with a budget of Bt15.1bn. It expects to support 10mn passengers per year by 2030. (Kao Hoon, 23/09/16) Comment: It’s quite interesting that nothing is ever really spoken about the development of Southern Thailand. If you look […]
Read More →AOT Suvarnabhumi expects bids by October – The long-awaited expansion of Suvarnabhumi airport is slated to have an auction for contractors in October, with construction starting by February, says president Nitinai Sirismatthakarn of the state-controlled Airports of Thailand (AoT). (Bangkok Post, 15/09/16) BEM MRTA will negotiate with BEM for the Blue Line extension, Chaloem Ratchamongkhon […]
Read More →BEAUTY BEAUTY expects 2016 revenue and profit to be a new high due to revenue growth of more than 45% in 2H16. It is negotiating with a partner to set up distributorship in Hong Kong and Taiwan; it expects the deal to be concluded in 4Q16. It expects revenue growth of no less than 20% […]
Read More →AJD AJD reported 2Q16 net profit of Bt126.59mn on higher sales at a subsidiary and implementing cost control. It expects 2016 revenue to grow 10-15% from last year backed by transfers. (Thun Hoon, 16/08/16) ASEFA ASEFA expects 2016 revenue to grow 20% backed by mega projects with backlog of Bt1.8bn, of which 60% is expected […]
Read More →AJD AJD is adding 20,000 online top-up machines and it is confident that at end of 2016 it will reach 50,000 machines. It has budgeted Bt10mn for marketing and promotional campaigns in 2H16. (Khao Hoon, 02/08/16) Comment: If they could pull off what FSMART has done then perhaps for the first time in a decade […]
Read More →ABC ABC targets 2016 revenue of Bt2bn. It plans to wipe out retained losses by launching Above Sukhumvit 39 in 3Q16. It plans to launch ABC Pet World in 4Q16 if its board approves on June 29. (Thun Hoon, 24/06/16) Comment: Anybody else understand the business model of this company? AGE AGE expects to […]
Read More →BWG BWG expects 2Q16 net profit to be good backed by revenue from industrial waste management service. It expects 2H16 earnings to be good aided by 9.4MW power plant and RDF (Refuse-Derived Fuel). It expects 2016 net profit of Bt379mn and expects to grow 50% next year backed by its 2nd power plant. (Thun Hoon, […]
Read More →ADVANC ADVANC has confirmed that it will be bidding for the 900MHz on May 27 with a bid of Bt75.65bn. (Kao Hoon, 25/5/16) DTAC DTAC unfazed by more 4G competition — The country’s second-largest mobile operator shrugged off increased competition from its rivals, saying that Advanced Info Service (AIS) and True Move will also face […]
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