AIE sees 2H turnaround from recovery demand for B10 biodiesel on government promotion, eyes 20% revenue growth this year. BEAUTY, ANAN, PSL, TKN, ERW may be taken off the SET100, with the arrival of AWC, Tabloid. Comment: Well 5 companies are not going to be removed because of 1 company CHAYO allots Bt1b budget to […]
Read More →Asset World Corp (AWC), a property arm under Charoen of THBEV, to acquire prime prop in BKK and key resort destinations held by the group to develop mixed-use projects and hotels in next 5 years, IPO @ Bt6, September 25-27 and go straight into SET50. Comment: ROE of 3% .. well…TCC buys property, develops it, […]
Read More →AH sells shares of JV company in Vietnam, AVAP, to Vinfast trading for Bt377m, will book gains in 3Q. Comment: From talks with folks in Vietnam, this is because Vinfast is slow with the roll out and difficult with negotiations. Most likely a prudent move made by AH. DEMCO sees strong 2H upon realizing Bt1.13b […]
Read More →ALL to boost recurring income to 20% in 5 years after investing in the New Forum Plaza, to realize Bt4b backlog in 2H, on track to exceed Bt4.5b revenue this year. Comment: And its a trend amongst all the property developers to build a recurring income asset. Those that haven’t will continue to suffer ASIAN […]
Read More →Notable Transactions Buy(s) THB 21.3 mn N/a Sell(s) THB 88.2 mn SPA – The MD and a Director sell off a stake
Read More →Part of me is of the viewpoint that with the Saudi’s continuing to cut oil output, or at the very least maintaining the cut, we could see oil prices remain firm/to slightly higher over the next few months. Should that be the case then well perhaps the SET could go over 1,700 in the near […]
Read More →ANAN target 7 new projects worth Bt21.93b, 1 in 3Q and 6 in 4Q, maintaining Bt29b full year transfer, Bt19b to transfer last 4 months. Comment: It’s all back ended to the 4Q as it typically has always been for ANAN and the majority of property companies. So lets see how much damage there is […]
Read More →And there we go, thats 2Q19 earnings for you – 18% for the SET. A lot of it is driven by the decrease in the industrials & petrochemical sector which could be arguable the inventory losses, but it’s a sign of the issues facing the companies listed on the SET and the MAI. The only […]
Read More →Perks to capture firms fleeing China ordered : The Industry Ministry has ordered the Office of Industrial Economics to finish crafting incentive packages within two weeks to persuade foreign investors to relocate from China into Thailand. Bloomberg NESDC alarmed on housing : The state planning unit is concerned over housing debts, which have increased since […]
Read More →AIT revised up FY19 revenue target to Bt7b from Bt5b after clinched Bt3b 1H19, Bt9b backlog to realize till FY21, expects to win additional BB & core network replacement projects from current Bt2b bidding. Comment: So perhaps the entire IT sector shall recover again GGC upbeats 2H earnings from larger client base and wider use […]
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