AMATA
AMATA expects to sell 925 rai of land this year and 800 rai next year. Many Chinese investors are buying its land. It expects economic growth to support revenue. It says recurring income is increasing. It will sell land in the industrial estate in Myanmar next year. (Thun Hoon, 15/11/18)
Comment: Earlier in the year we seeing numbers of 1,000-3,000 rai being sold, this hasn’t happened…
ANAN
ANAN reported 3Q18 earnings of Bt980mn, more than 6 times 3Q17 earnings. It expects transfers to be a record high in 4Q18 as there are five property projects with total value of Bt18bn being transferred. (Thun Hoon, 15/11/18)
Comment: And despite that the share price fell…and for the whole sector
CHO
CHO reported 3Q18 earnings of Bt33.8mn, +130%YoY. 9M18 profit was Bt83.2mn, +301.5%YoY. It expects revenue to grow more than 20% this year. (Kao Hoon, 15/11/18)
Comment: And the bus issue is finally solved for them!
CK
CK reported 9M18 earnings of Bt1.28bn, +105.28%YoY, supported by equity income from a joint venture. (Kao Hoon, 15/11/18)
EGCO
EGCO has budgeted Bt26.2bn to acquire 49% in the 1,823Mw Paju combined heat and power plant in South Korea. The setup is expected to complete in January. This will raise its revenue next year. 9M18 earnings were Bt21.75bn, +117%YoY. (Kao Hoon, 15/11/18)
III
III expects 4Q18 earnings to be outstanding. It plans to add more 5-10K sqm in warehouses for hazardous products. It also plans to set up a logistics complex next year. It expects earnings growth of 15% next year. It is negotiating M&A deals and JV deals. It expects more than one deal to be concluded next year. (Thun Hoon, 15/11/18)
JKN
JKN reported 9M18 earnings of Bt181.7mn, +3.2%YoY, driven by SG&A expense control. 3Q18 earnings were Bt42.7, down YoY. (Kao Hoon, 15/11/18)
Comment: So what will the deal with the doctor bring? Rumours have it that he may increase his stake in JKN, lets see what unfolds.
KTC
KTC expects earnings of no less than Bt5bn this year. It is confident that 4Q18 earnings will be a record high. Revenue will continue to grow next year, supported by Nano and Fico finance. It is maintaining NPL ratio at not over 1.2% and LLR/NPL ratio at 615%. (Kao Hoon, 15/11/18)
SCN
SCN expects 4Q18 results to be better as it will book Bt1.2bn revenue from sale of NPV buses. 3Q18 earnings were Bt30mn, decreasing due to a rise in expenses. (Kao Hoon, 15/11/18)
SUPER
SUPER’s board approved subsidiary SSE-HK1 to acquire three solar power plants in Vietnam for Bt4.785bn and total electricity production capacity of 136.72MW. It expects 4Q18 results to recover. (Kao Hoon, 15/11/18)

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