APEX APEX signed a contract with Club Med to open a luxury resort, Club Med Krabi, worth Bt3.8bn. It plans to develop a new tourist spot in Yao Beach, Krabi and targets premium customers for this resort. It expects to start construction in September 2018 and complete in 2021. (Thun Hoon, 13/02/18 ) Comment: This […]
Read More →I love Visual Capitalist for the information that they churn out on a weekly basis in fantastic graphical formats. The latest one was in regards to freedom and how it is in decline throughout the world. A quick email to a friend led to me adding Thailand, Cambodia, Philippines, Myanmar, Malaysia, Singapore, Vietnam and Laos […]
Read More →It’s interesting how the perception is changing within the markets in just 1 week. Perhaps it could be just the people I associate with or the articles I read but that’s the feeling I’m having for now. My viewpoint is that until the new Fed Chairman speaks on March 21-22 things could remain choppy. And […]
Read More →Notable Transactions Buy(s) THB 15.2 mn N/A – but BLAND’s owner is buying again Sell(s) THB 1.7 mn N/A
Read More →Under the constitution, post-election Thailand would have a military-appointed senate and elected lower house. A prime ministerial candidate must achieve a majority in a joint vote of both chambers, making it challenging for Pheu Thai to emerge with the leader even if it takes control of the lower house. “Before this, three years ago, these people […]
Read More →The Joint Standing Committee on Commerce, Industry and Banking (JSCCIP) concerns on baht deprecation will affect competitiveness of Thai businesses. It says Thai Baht has appreciated by 4% in January and it forecasts the baht at 32 per US dollar on average for 2018. It also says BOT should be stringent on currency speculation and […]
Read More →BJCHI BJCHI has won Bt150mn worth of steel processing project in Chile, which it expects to book the revenue in 1Q18. It is going to bid for new projects, worth Bt8bn. (Khao Hoon, 09/02/18) EKH EKH targets 2018 revenue to grow by 8-10% to Bt600mn, brought by the opening of IVF center. It expects this […]
Read More →BCPG-BTS BCPG and BTS are partnering with four parties to establish an industrial estate, Smart Park, in Map Ta Phut. BCPG will develop the utilities and green energy in the industrial estate, while BTS will develop the internal logistics system. (Khao Hoon, 08/02/18) Comment: More and more competition in the area, whilst AMATA and WHA […]
Read More →AP AP targets 2018 revenue at Bt28.1bn and presales at Bt33.5bn. It is going to launch 34 projects, worth Bt49bn after making a new high for 2017 presales of Bt42.9bn. (Khao Hoon, 07/02/18) CHEWA CHEWA plans to launch new projects worth Bt3.75bn. It targets 2018 revenue to grow by 20% to Bt2.4bn. It believes the […]
Read More →ADVANC ADVANC announced a dividend on 2H17 of Bt3.57/share, XD on 5 April, giving a total 2017 dividend of Bt7.08/share, a yield of approximately 4%. It reported 2017 earnings of Bt30.077bn, falling 1.9% from 2016. (Khao Hoon, 06/02/18) Comment: How did the eke out decent #’s? Cost cutting. How can they grow? Questionable…although apparently broadband […]
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