ACG expects big jump 4Q from recovery sales from new launch Honda City hatchback & City hybrid, upbeats outlook on small & mid-size auto market as consumers prudent on spending. Comment: Love Honda’s but the overall industry trend isn’t that positive yet. AOT sees 47.91m passengers next year, rising to 110.88 in 2022, before getting […]
Read More →GSB denied report that it’s paying Bt2b for 48.59% stake in AMANAH. Comment: That rumour was quickly dispelled within the day, next name is SAWAD – which hasn’t issued a press release denying the rumours. If so SAWAD may get into MTC’s business – motorbikes. AP may report 115-128% growth in 3Q NP to Bt1,330m […]
Read More →BGRIM signs Bt5.67b green loan with ADB to invest 257mw solar projects in Vietnam. Comment: This group is doing a great job getting capital and projects all over the region. BTS: admin court issue an injunction to MRTA over changes made to the ToR of Bt142.7b orange line MRT after bidders purchased envelopes, maintaining evaluation […]
Read More →AEONTS sees lower LLP from improving assets quality, sees card spending pick-up from online shopping. CKP sees solid 3Q, the strongest this year, as higher water volume boosts output and profit. FSMART upbeats 2H outlook from 3 new launch products selling via top-up machines including insurance policies in cooperation w TQM, mini-ATM service, allowing withdraw […]
Read More →BJCHI’s confident of securing 20% of contracts it plans to bid in 2H20, while current backlog stood at Bt4.2b, the highest in 5-year. CPALL may report 1st quarterly losses in 2Q20 at -Bt81m, due to 21% drop in SSSG, Tabloid. Comment: This makes me giggle. AND they want to chuck even more debt on CPALL […]
Read More →AGE AGE targets coal sales volume of 4mn tons next year, 20% higher than this year. It expects coal sales volume to hit its target of 3mn tons this year and this will be a record high. Demand both at home and abroad is still growing. It has 3-4mn tons of backlog now and this […]
Read More →AOT AOT will complete ToR for duty-free space in December 2018 – January 2019. The TOR includes renovation of Suwannabhumi, Phuket, Hatyai and Chiangmai airports. The Cabinet is preparing to launch tourism promotion measures including visa fee exemption and “Passport privilege”. Private entities are also planning to offer discount prices. (Thun Hoon, 6/11/18) Comment: This […]
Read More →ASAP ASAP is applying for a loan from local banks to expand its business. It plans to set up car parks for rent nationwide and a final decision will be made in October. It also plans to franchise “auto park” and the conclusion will be clear in 4Q18. Management expects 2H18 results to be good. […]
Read More →BGRIM BGRIM is acquiring power plants with many hundred MW in cooperation with partners. It plans to invest in power plants in Vietnam and South Korea. It expects 2018 revenue growth of 20%. It is financially strong with cash of Bt20bn (Kao Hoon, 27/8/18) BTS BTS expects fare revenue to reach Bt6bn in two years, […]
Read More →CKP CKP is going to start commercial operation of BIC2 in 1Q18, raising its operating capacity. It targets 2018 revenue to grow by 15% backed by upcoming electricity production capacity. It says it is negotiating a deal for a new hydropower project in Laos, which it expects to finalize in mid-2018. It is going to […]
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