BGRIM BGRIM at risk of losing two projects. BGRIM is facing a risk that development of two power plants (BGPR1 and BGPR2) with total capacity of 240 MW might not be able to continue, because these two projects need to relocate to other industrial estates after the V.R.M. Industrial estate (the original location for these […]
Read More →Oil Stocks: So we all know that oil pries have recovered in the past 2 years from a low of ~25 to ~70 today. But when we look at the European index for oil stocks versus just PTTEP we scratch our heads…how is is that PTTEP has outperformed? Bongkot/Erawan is just a replacement/continuation, oil pries […]
Read More →AP AP plans to launch new 3three projects worth Bt3.1bn. It expects mid-to-high end property market will be strong. (Khao Hoon, 27/4/18) BAY BAY said it has no M&A plan. Fee war is expected to affect its own NII around 2-3%, but it says it has other ways to make this up. (Thun Hoon, 27/4/18) […]
Read More →BM BM is preparing for government infrastructure auctions worth billions of baht. It plans to revise up revenue growth to over 20%, driven by many orders. It has backlog of Bt300-400mn. (Khao Hoon, 24/4/18) DNA DNA to cooperate with a big bitcoin mine in China to manage efficiency there with revenue sharing from “digging” coins […]
Read More →EA TRIS Ratings revised up credit rating of EA to A- from BBB+, with stable outlook. It says core fundamentals are strong and it has high cash with production capacity of 664 MW. (Khao Hoon, 10/4/18) Comments: And yet the price continues to collapse, why? Without the upside impact of the battery tech it’s worth […]
Read More →AMATAV AMATAV was approved by Vietnam government to develop an industrial estate, Amata City Halong, on 4.4 thousand rai of land. The investment is expected to be around Bt50bn. (Thun Hoon, 3/4/18) Comment: This will come in stages over the decade. Although AMATAV can only own the land for 50 years if memory serves correct…. […]
Read More →GPSC GPSC expects 2018 earnings to make new high brought by full-year operation of IRPC-CP Phase 2 and BIC 2 power plant. It is going to propose a plan to expand its production capacity by 1,000 MW to the board in order to support investment in EEC; it expects this plan to finalize in 2018. […]
Read More →GUNKUL GUNKUL is partnering with Kenyor Solar Park Sdn Bhd to build 29.99 MW solar farm in Terengganu, Malaysia for Bt1.350bn. It expects to start commercial operations by December 31, 2020. It targets 2018 revenue to grow by at least 20%. (Thun Hoon, 23/02/18) IVL IVL targets five-year EBITDA (2017-2021) to reach US$2bn from US$1bn […]
Read More →BTW BTW says big projects received this year will grow revenue and earnings. It projects 2018 revenue growth of at least 10%. It currently has backlog of Bt900mn, of which 80% is going to be booked as revenue this year. It plans to bid for new projects worth approximately Bt7bn. It also plans to expand […]
Read More →COM7 COM7 is penetrating the gamer market, partnering with Sony Thai to sell game consoles, PlayStation 4, in 25 Banana stores. It believes this will underwrite future growth. (Khao Hoon, 20/12/17) FN FN targets 2018 revenue to grow by at least 10% from this year in tandem with increasing purchasing power. It has budgeted Bt245mn […]
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