BGH

Starts special promotion — BGH is to launch a “Perfect Diamond Young Fit Club” card targeting customers of over 60 years of age. It is confident that it will grow by 10% and confirms that it will open 10 new hospitals this year. (Khao Hoon, 10/09/13)

Comment: A lot of investors have been disappointed by BGH’s 2Q13 earnings siting slower growth as a reason for the drop, however I can still see upside from its potential to sell hopitals to a REIT

GEN

Completes investment — GEN reports that it has completed its investment taking 800,000 shares of McTric Co., Ltd or 32.65%. (Khao Hoon, 10/09/13)

MLINK

In talks with telecom partner — MLINK is in the process of negotiating with a telecom partner for its new business. It expects a clear picture by November. It plans to invest in Myanmar and aims for revenue growth over the next 3-5 years of no less than 30-35%. (Tun Hoon, 10/09/13)

Comment: A magic new business?

PREB

Revenue to top Bt5bn this year — PREB is waiting for Bt5bn of new work and says that revenues this year will go over Bt5bn; it targets 2014 revenue growth of 18% to Bt5.9bn. It will launch two new condominium projects worth Bt2.75bn in the second half of the year and said that the company does not need to raise additional capital this year. (Khao Hoon, 10/09/13)

Comment: This construction company turned property developer has done remarkably well over the past 7 years

PRIN

Slashes 2013 targets — PRIN has slashed its revenue and sales targets for the year to Bt2.9bn and Bt3.0bn, respectively, due to the delay in two projects worth Bt2.4bn that originally were to be launched in 4Q13. The company said it will launch a shopping mall worth Bt600mn next year. (Khao Hoon, 10/09/13)

PS

After final launch of 2013, Pruksa targets 9% share of condo market – Pruksa Real Estate aims for a 9% share of the Greater Bangkok condominium market by the end of this year after it launches its latest condo project this month, The Reserve, worth Bt1.8bn. (The Nation, 10/09/13)

 

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