ANAN ANAN announced that it transferred Asthon Asoke to on June 15, 2018 after Bangkok Metropolitan Administration (BMA) issued a building permit to ANAN. However, Srisuwan said that the condo buyers will take a risk as there is a lawsuit against BMA and MRT at the Administrative Court on which no judgement has been made. […]

Read More →

A A plans to open eight new projects worth Bt7.5bn in 2H18 to boost sales revenue of this year to reach Bt6bn. It will spend more than Bt1bn to acquire new land. (Thun Hoon, 7/6/18) ADB ADB has launched a new product, PVC resin for the medical industry. Sales target for this year is set […]

Read More →

ANAN ANAN expects transfers will increase in 2Q18 as Ashton Asoke project worth Bt6.7bn has started transfers. The company is going to launch three new projects worth Bt8.047bn and targets to achieve revenue of Bt38bn. (Kao Hoon, 18/5/18) Comment: But this hasn’t been official yet hence the volatility in the share price in the past […]

Read More →

Potential Changes to the SET50 and SET100 These names have not been confirmed yet but brokers are expecting that these will be the changes. SET50 Expected Additions: BGRIM, DELTA, ESSO, KTC, RATCH Expected Deletions: BCP, KCE, PSH, TPIPP, WHA SET100 Expected Additions: BLA, ERW, MBK, PRM, PTL, RS, THANI, VGI Expected Deletions: ANAN, BA, BIG, […]

Read More →

ANAN ANAN had transfers of Bt3.84bn (+72%) and sales of Bt6.685bn (+51%). It maintains its 2018 transfer target of Bt38bn (+152%). It has Bt53.6bn of backlog. (Thun Hoon, 11/5/18) Comment: But the hangover of Ashton Asoke is going to cap upside regardless of how well the company is performing CHEWA CHEWA had net profit of […]

Read More →

ANAN ANAN corporates with Ascott in for serviced apartments. It targets four projects in four areas with a total value of Bt10bn. It targets rental revenue in 2021 of Bt1.5bn. (Kao Hoon, 29/3/18) Comment: Part of their long term plan, well telegraphed by management for a few years, but the overhang for now is still […]

Read More →

ANAN ANAN targets 2018 revenue of Bt38bn, implying growth of 152%. It currently has backlog of Bt53.7bn, of which Bt30.62bn will be booked as revenue this year. It plans to launch 16 projects and expects to generate presales of Bt35.067bn. It is cooperating with its partner to launch four serviced apartments in March 2018. (Khao […]

Read More →

ANAN ANAN is going to launch 22 projects worth approximately Bt50bn this year. It believes demand for condominiums is high in areas adjacent to skytrains and targets presales and transfers at Bt40.5bn each. It has budgeted Bt11bn to buy land. It plans to use AI for construction, which will reduce construction cost. It also plans […]

Read More →

ANAN ANAN plans to launch six projects to raise presales in 1Q18 out of the 22 projects worth Bt48bn targeted to launch this year. It expects 2018 presales to meet its goal with growth of at least 24% to Bt40.5bn. It plans to conduct a roadshow this year to expand its foreign customer base. (Thun […]

Read More →

ANAN ANAN plans to launch 22 projects in 2018, worth Bt48bn and targets presales and transferS to reach Bt40.5bn, growing by 76%. ( Thun Hoon, 18/12/17) Comment: Question is becoming, so now what for ANAN? Similar to what PSH has had to figure out after they achieved a certain size.  CRD CRD reports it have […]

Read More →