IVL IVL reports that it signed a contract to purchase DuPont Teijin Films (DTF), a world leader in BOPET (Biaxially-oriented Polyethylene Terephthalate) and PEN (Polyethylene Naphthalate) production. (Khao Hoon, 11/10/17) Comment: And the acquisition juggernaut that is IVL continues. QTC QTC is going to issue 70mn new ordinary shares for PP priced at Bt13/ share, providing funds […]
Read More →AMATA AMATA partnering with Sweden’s SAAB AB to launch AMATA Aerospace City. This will be a “smart city”. It expects to become a leader in the development of local area and industrial area in Thailand and Asia into effective and sustainable industrial hubs. (Thun Hoon, 5/10/17) Comment: Wow things are actually moving down there, perhaps […]
Read More →BIZ BIZ plans to sign contract for distribution of new cancer radiation treatment machine in October. It expects to increase projects in hand to Bt1.3bn and also plans to get 3-4 new projects, worth Bt400-500mn. It targets to sell at least four machines. It also says that many domestic and foreign funds have expressed interest […]
Read More →CK CK expects backlog to increase to more than Bt100bn. It also expects to get new projects worth at least Bt40bn from joining bidding for Bt200bn in projects. It is preparing to get CKP’s hydropower plant construction project worth Bt100bn. (Thun Hoon, 19/9/17) Comment: Its now just funny money for the big 4 contractors JSP […]
Read More →AQ AQ expects to resume trading on the SET after filing its 2Q17 financial statement after auditor approval. It believes it can continue in business after paying Bt1.63bn in damages to KTB. It says losses in 1Q17 were lower than in 1Q16 on lower expenses and reserves, even though presales also declined. (Thun Hoon, 15/9/17) […]
Read More →CPF CPF expects 2017 sales of Bt56.74bn or 13% growth, after 1H17 earnings grew 11%YoY. It recently launched new ads to attract the new generation. (Khao Hoon, 6/9/17) KSL KSL to join SPP Hybrid Firm bidding. The project capacity is 20MW. It expects to book extra revenue in 4Q17 from its joint venture with BCP. […]
Read More →BEAUTY BEAUTY believes 2H17 earnings will be strong due to high season. It plans to expand stores both domestically and internationally, mostly via distributors in Myanmar, Lao PDR and Cambodia. This will push 2017 revenue up to a new high of Bt3.1bn or +20% growth. (Khao Hoon, 1/9/17) Comment: Well ok. I’m not going against […]
Read More →AOT AOT to hire PLE to build a building for Bt14.2bn. It also approved King Power to manage commercial areas in Don Muang airport for 10 years. It plans to open up more projects for bidding. It targets 2017 passenger growth of 7-8%. (Khao Hoon, 24/8/17) Comment: PLE? How on earth they did win this? […]
Read More →ANAN 2Q17 earnings grew 33%, reaching Bt279mn. ANAN will pay an interim dividend of Bt0.06/share. Market consensus expects 2H17 earnings to continue to expand. (Thun Hoon, 09/08/17) CPF CPF’s 868.3mn newly-issued shares will begin trading today. These shares were issued as a rights offering (5 old :1 new) to existing shareholders for Bt25/share, giving CPF […]
Read More →AOT Treasury Department has asked AOT to provide a figure for the amount of commercial space it has and submit this within two days. For the new rental agreement, it is proposing to charge 5% ROA for commercial area in Suvarnabhumi airport. (Khao Hoon, 14/7/17) CPALL CPALL is planning to add 212 stores and targets […]
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