ANAN plans 4 condo pj worth Bt13b, hoping to boost presales during 4Q, after securing Bt15b during 9M19.
Comment: Presale #’s aren’t driven this name anymore, no one seems to believe that the real estate players can deliver transfer.
AP said 9M19 presales stood at Bt28.56b, or 70% of Bt41.8b FY19 t/g, to introduce 8 new pjs and 25 ready to move in pjs under “Hybrid Living – Innovation You Can Choose”.
Comment: See above
JMT secured Bt3b bad loans from bank, boosting its port to Bt155b.
Comment: Just a massive debt collection machine
SGF reaffirms rec high profit 4Q supported by govt stimulus and demand for credits on seasonal, upbeat assets quality from good rev mix (factoring 50.95%, HP 33.99%, land mortgage 10.32%, consumer credit & nano 0.26%), mulls to tap in auto loan in 4Q, firms on Bt1.5b FY19 new loan t/g.
Comment: Always been a decent co, just a bit on the small side.
TNP establish subsidiary to expand supermarket chains, expects FY19 sales growth exceed 15% t/g from recovery consumptions and govt stimulus scheme, mulls to expand via franchising for faster expansion.
TOP sees overall financing costs drop to 4.5% aft successfully sold US$565m 30yrs CD at 3.5%, seeks holder approval to expand US$ 1b credit line to accommodate additional CD aft 6X covered.
TPLAS launches eco-friendly food packaging, B-leaf, derived from bamboo, expects sales jump from healthy demand for natural packaging.