BAM may book Bt5.9b tax gain (DTA) this year, boosting overall net profit to Bt10b this year, Tabloid. Comment: This was supposed to be done in 4Q19, much to the surprise of all the IPO investors it didn’t happen BCP shuts refinery’s canteen for 14 days aft discovered QC inspector infected Covid-19, arranges big cleaning […]
Read More →AAV urges govt to roll out rescue package to save operation costs of airlines and tourism operators aside from tourism promo campaign as virus persist. Comment: Not sure why a private company should rely upon a government bailout… BCPG expects FY20-25 EBITDA growth above 75% driven by contribution of 2 power projects in Laos combined […]
Read More →AAV seeks to boost revenue from air cargo, digi travel and loyalty program to balance revenue mixed and utilize, will tighten up cost saving to boost margins. Comment: I wonder how long until Thai Airways recaps… HUMAN sees stronger 2H19, sets Bt50m capex for 2-3 JV in HR related venture by end of year. Comment: […]
Read More →ACG upbeats 3Q earnings from debut of 2 car dealerships in Phuket & Krabi and additional 5k sqm capacity from auto service center. COL sees 3Q turnaround from wider margins and larger rev from housebrand stationary products sales. LPN opens presales of Bt1b Lumpini Tower Vibha-Jatuchak (Tower B). Comment: They have been struggling for 5 years […]
Read More →DELTA teams up Nissan to provide EV home charging systems and after sales services for Nissan Leaf users. Comment: Good for Nissan, sure; good for delta? I have my doubts ITEL said Bt5.7b existing backlog to drive revenue growth by 30-40%, to boost domestic revenue and keep expanding oversea. JUBILE sees growth momentum into 2Q […]
Read More →BCPG sets Bt8.6b investment budget to sustain growth ambitions. Comment: It looks like their acquisition spree has been slowing down. TKN sets 10-15% revenue growth target this year, to expand branches here and overseas and change distributors, and seek new partners in US and China. Comment: This has been an interesting stock (not company) to […]
Read More →AQ AQ reported Bt20mn profit in 1Q18 from Bt60mn loss in the same period of last year. Management reveals a plan to launch three new projects in areas with potential this year and is preparing to sell land via auction to repay bank debt. ( Thun Hoon, 14 / 5 / 18 ) ETE ETE […]
Read More →ANAN ANAN had transfers of Bt3.84bn (+72%) and sales of Bt6.685bn (+51%). It maintains its 2018 transfer target of Bt38bn (+152%). It has Bt53.6bn of backlog. (Thun Hoon, 11/5/18) Comment: But the hangover of Ashton Asoke is going to cap upside regardless of how well the company is performing CHEWA CHEWA had net profit of […]
Read More →AP AP posted 1Q18 presales growth of +168%, reaching Bt10bn or 30% of its presales target of Bt33.5bn. It plans to open 34 new projects worth Bt49bn. It aims to be in the top 3 in Thailand’s property sector. (Thun Hoon, 4/4/18) BEM BEM says that auction documents for motorway projects Bangpa-in-Korat and BangyaiKarnchanaburi will […]
Read More →BGRIM BGRIM targets 2018 revenue growth of 20-25% as it plans to start commercial operation of 449 MW, which raise its operating capacity to 2,091 MW. It also plans to announce an investment plan in a big solar farm in Vietnam in April. (Khao Hoon, 14/03/18) Comment: Of the larger players it has the best […]
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