CHAYO CHAYO has set up a subsidiary to provide loans to borrowers in EEC in 4Q18. It will benefit from entering the Pico finance business after the Finance Ministry gave its approval. It expects 2H18 revenue to grow after acquiring debt from banks. It expects its debt portfolio to reach Bt39bn and targets 2018 revenue […]
Read More →AP AP plans to launch 35 new projects with a total value of Bt54.3bn to boost 2H18 operations. It reported 1H18 presales of Bt17.3bn, accounting for 52% of this year’s presales target of Bt33.5bn. It has Bt52bn backlog and will recognize Bt10.3bn this year. (Thun Hoon, 9/7/18) BCPG BCPG targets its EBITDA to double (from […]
Read More →ANAN ANAN announced that it transferred Asthon Asoke to on June 15, 2018 after Bangkok Metropolitan Administration (BMA) issued a building permit to ANAN. However, Srisuwan said that the condo buyers will take a risk as there is a lawsuit against BMA and MRT at the Administrative Court on which no judgement has been made. […]
Read More →AAV AAV opens two new routes, Bangkok-Chengdu and Phuket-Kunming, to expand its presence in China. It also has increased the frequency of flights from Bangkok to cities that have high potential in tourism in both domestics and overseas. (Thun Hoon, 7/11/17) Comment: I do wonder if there will be a natural spillover to the other […]
Read More →BAY BAY reports 9-month net profit of Bt17.5bn increasing by 7.9% from last year as a result of an increase in interest revenue and revenue from fees. It believes loans will grow by 6-8% this year as the economy recovers. (Thun Hoon, 20/10/17) Comment: Shame about the free float, otherwise this bank would be trading […]
Read More →AQ SET is allowing AQ to return to trade in the market after AQ filed its 2Q17 financial statements, which shows a loss of Bt54mn because of lower sales. It is going to issue AQ-W4 in the amount of 56,337.34mn units to existing shareholders, in proportion of 1 warrant for 2 existing shares. (Khao Hoon, […]
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