ADVANC ADVANC decided not to participate in the upcoming 900 MHz spectrum auction because it has sufficient spectrum and in fact holds the most in the industry. It reiterates that it is number one in terms of customer base with more than 40mn telephone numbers. (Thun Hoon, 9/10/18) Comment: NBTC is struggling to make itself […]
Read More →And so…has anything changed? Nope. Same things remain. Interest rates going up. Valuations still not the cheapest. But elections are coming (?!?). And oil oil oil has been keeping this market and most alive.
Read More →ANAN ANAN says the new BoT mortgage loan rules does not impact its business because its condos are priced below Bt10mn and it targets mid-income customers who are able to pay a high down payment. It also says all hybrid bonds are sold and met target proceeds of Bt2bn. (Thun Hoon, 8/10/18) Comment: The one […]
Read More →Notable Transactions Buy(s) THB 19mn N/A Sell(s) THB 66.6 mn OCEAN – Odd little transactions going on here…
Read More →Junta will stick to 2019 date for general election, Prawit says. There will be no delays to a general election planned in Thailand for 2019, the deputy prime minister said on Wednesday, amid the concerns of government critics and the opposition that it could be pushed back. (Reuters, 03/10/18) Cabinet gives the nod to restructure […]
Read More →AMATA AMATA targets land sales of 925 rai in 2019. It plans to build a new industrial estate and Laos and Myanmar. It is working with SCC and Dow Thailand Group to build the first recycled plastic road in Amata City Chon Buri. (Kao Hoon, 5/10/18) Comment: So the EEC news has driven the share […]
Read More →BGRIM BGRIM was awarded the first phase of a 145MW hybrid power plant project in U-Tapao international airport area worth Bt3.6bn. It expects IRR of more than 10%. It expects to start commercial operation in Jan 2021. It expects to be awarded the second phase of 135MW electricity production capacity and value of Bt2.3bn. (Kao […]
Read More →And so it’s time again for Byron’s latest monthly commentary. The thought going through my mind is…if everyone is saying/forecasting that a US (global) recession will occur in 2020, why should investors remain invested in equities? How does this make any sense, and further to this, if everyone (at least from those I am reading) […]
Read More →CKP CKP has raised its revenue growth target to 15% from 10%, because the quantity of water has risen increased to support electricity production in Q3. Xayaburi power plant will run operational tests this month. (Kao Hoon, 3/10/18) CPALL Revenue Department allowing Counter Service to be the agent for tourist VAT refund for a […]
Read More →BCPG BCPG sold two solar farm projects in Japan with total electricity production capacity of 24.53MW to an infrastructure fund. It expects to book the Bt1.1bn proceeds immediately. It targets revenue growth of 15- 50% this year. It continues to set up power plants as planned and studying new investment in power plant projects. (Thun […]
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