ADVANC
ADVANC targets 2018 revenue growth of 7-8% YoY, upon booking 100% of CSL earnings. It plans to invest Bt35-38bn to expand its 4G-fiber network. It expects mobile revenue to grow by 3-5%YoY with 800,000 home internet customers. (Khao Hoon, 16/2/18)

BTS
BTS 3Q17 earnings were Bt889mn, +89.8%YoY, driven by revenue from mass transit, which surged 401.2%YoY on an increase in passengers to 60.8mn. 9M17 earnings were Bt2.2bn, +23.7%YoY. (Khao Hoon, 16/2/18)
Comment: Now what if all the lines are up and running and VGI and MACO continue dominating couldn’t these types of numbers continue?

DDD
DDD to partner with Sino-Pacific to bring facial care products packaged in pouches to traditional stores to drive 2018 revenue. It also plans to introduce similar products to gain more market share. (Khao Hoon, 16/2/18)
Comment: Traditional stores? That’s the opposite strategy of every other cosmetic player out there.

INTUCH
INTUCH is certain that 2018 revenue will be strong, as ADVANC earnings will support growth. It also plans to close two to three JV deals. (Khao Hoon, 16/2/18)
Comment: Divvy, divvy, divvy.

LOXLEY
LOXLEY targets 2018 revenue growth of 15-20% or Bt20-25bn. It plans to get projects from both the government and private companies to support earnings. (Thun Hoon, 16/2/18)

PLANB
PLANB reports 2017 earnings of Bt461mn, +31%YoY. It will pay a dividend of Bt0.045 per share, XD Feb 27. (Khao Hoon, 16/2/18)

ROJNA
ROJNA to sell 26.10% TICON shares at Bt17.90/share to Frasers Assets. It plans to ask for shareholder approval on March 23. It will complete the purchase in April and record it immediately in 1Q18, pushing 2018 earnings up. This year, it expects to sell more than 400-500 rai of land. (Thun Hoon, 16/2/18)

THCOM
THCOM expects 2018 earnings to turn around after no recording of asset devaluation. It plans to sign a broadband services contract with Philippine customers. It has an investment budget of Bt300mn. (Khao Hoon, 16/2/18)
Comment: Now that’s an interesting development in the Philippines, but why would the big families/conglomerates allow THCOM in?

TOP
TOP announces 2018 earnings of Bt24.8bn, +17.21%YoY, with revenue of Bt337bn from higher oil prices. It plans to pay a dividend of Bt3.75/share. (Thun Hoon, 16/2/18)
Comment: And if this year the GRM remains stable what will happen to their growth? Na da.

  1. off topic: I hold U City shares for a long time now, at a cost of .035. A small investment/ Mad money. There is a rights offer, at .031 per unit, of preferreds, non voting. I am aware of their investment in a small hotel chain in EU. Nothing at IR about their plans to use the proceeds of this rights issue. ( 14 billion baht) . Can you refer me to any other news sources.

    • I would recommend looking at the entire group structure, shareholders, and financial situation related to U City to understand their overall plan. It should become quite clear.

      • Thanks Pon. I have done that, as I first became acquainted with U City when BTS spun off some assets to it.
        What I cannot fins is the specific planned use of the proceeds from this rights offer.
        No worries, I will keep searching. Thanks again.

  2. re: BTS – is it worth noting that the restructuring of BTS’s property arm will result in quite a large ”book” capital gain in early 2018.

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