AH sets >10% revenue growth target next year after stripping off SAGUSA and oversea sales growth, firm on 10% revenue growth target this year, albeit lower yoy.
Comment: Hmmm I wonder acquisitions they will try to pull off next
AMATA expects IE land sales momentum carry thru FY20 driven by transfer of backlog at Amata City Long Thanh in Vietnam, expects Bt2.1b shares sales transaction of Amata Service City Long Thanh to Nova Land (ASCLT 1 &2) complete within 2H20.
Comment: There is zero sales momentum at the moment, just AMATA selling their stake in VN
BGRIM target 10,000MW capacity by 2027 from 5,000MW target in 2022, sets 15-20% revenue growth target for next year to Bt44b.
Comment: Would you bet against them? I wouldn’t but it will be government driven so this fairly to achieve this target would be from slow governments in the region
CHAYO agrees to buy Bt6.97b of NPL (secured debt) from finance institution.
Comment: The question is only the price that they paid.
CPN rebrands Zen dept store to Central at Central World, allots Bt1b to revamp 50k sq.m retail space.
EA signs MOU with Double P land, to develop industrial estates in Chacheongsao, target EV assembly, battery suppliers and oleochemical in single compound.
Comment: Still have my doubts (as I’ve written many a time) on this battery tech…
GUNKUL sets Bt10b revenue target for FY20 after CODed 120MW solarfarm, expects 30% winning rate of Bt15b worth of new projects it planned to bid.
LPH expects to be main benefit from higher revenue per head from SSO subsidies as revenue from SSO account for 33% in 1H19, Tabloid.
M completed acquisitions of Laem Charoen Seafood, will book immediate contribution from 4Q19.
TQM mulls par split to boost liquidity, may be added to SET100, sets 10% revenue growth next year.
Comment: Let’s see if this leads to the usual performance in a small name
TRITN wins court ruling for Bt120m deposit reclaim request from Siam Alternative Energy.
Government Pension Fund to expand offshore investment in REIT & IFF, aims to balance portfolio and capitalize on strong THB.