KTB says to miss 5% loan growth target this year, after 3% growth 9M19, sets 3.2% growth target next year, to lower NPL from current Bt106b to below Bt100b.
IRPC to complete 2 M&A deals next year, PP Compound Downstream and MARS.
ERW cuts FY19 hotel revenue growth target to 3-5% yoy from 7-10% previous guidance from weak global macro and fierce competition, Mercure Ibis Sukumvit 24 on track to cod in December.
Comment: Tourism numbers continue to impress but there’s an oversupply in the industry
ORI’s 9 projects on schedule to transfer in 4Q, target 8 new launch by end of year, Bt40b backlog to realize till eo-FY21.
Comment: This is one of the property co’s that has a weak balance sheet
SIRI’s 6 projects to transfer in 4Q, will launch 10 projects worth Bt14.8b by end of year, Bt59b backlog to realize till FY22.
Comment: This is the other
THAI said will be profitable next year, sets 80% loan factor, new strategy, but won’t cut price to compete.
Comment: Is this a magical statement? Or are they going to raise cap to pay down the debt and interest payments.