AH sells shares of JV company in Vietnam, AVAP, to Vinfast trading for Bt377m, will book gains in 3Q. Comment: From talks with folks in Vietnam, this is because Vinfast is slow with the roll out and difficult with negotiations.  Most likely a prudent move made by AH. DEMCO sees strong 2H upon realizing Bt1.13b […]

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BANPU sets 48m tons coal sales target this year, $835m capex for FY19-20, while BPP, its power unit, to COD pp in Japan and China worth combined 114.2MW, to wrap up 80MW wind pp phase 1 in Vietnam by 1Q19. BJC sees positive SSSG from recovery consumptions and government stimulus package, will open 1st BIGC […]

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BANPU BANPU expects revenue to reach US$3.2bn, growing by 20% this year. Coal sales volume was 45mn tons. It expects revenue to grow next year supported by the high price of coal of US$98-108/ton. (Kao Hoon, 16/11/18) BGC BGC reports that its glass packaging factory in Ratchaburi has started up. This increases production capacity by […]

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AUCT AUCT is working with a new partner to bring cars to auction. It expects car auction volume to grow by 20% this year from 60k cars last year. It says YTD auction volume is good and business is recovering. (Thun Hoon, 11/9/18) Comment: But their vision of being the auction house of every asset […]

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AOT The cabinet gave the green light to AOT to solve the problem regarding the food supply for the airlines to have at least two operators. AOT are allowed to use the Suvarnabhumi airport as the hub and then distribute to other airports. AOT will share 12% of its revenue per month. (Kao Hoon, 6/6/18) […]

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BSM BSM’s earnings in 1Q18 improved significantly, up 115.6% YoY, supported by strong performance of its hospital segment. The company targets revenue for 2018 at a record high of Bt800mn. It will expand to the property development business. (Thun Hoon, 17/5/18) Comment: They’ve been quiet for some time. Wondering if this is going to be […]

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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 […]

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AIT AIT targets 2018 revenue to grow by 10% to reach Bt6bn on current backlog of Bt3bn, of which Bt2.6-2.bn will be booked as revenue in 2018. It plans to bid for new projects from both government and private sectors. (Thun Hoon, 4/1/18) Comment: More news flow seems to be coming from ths sector, AIT […]

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ATL ALT approved warrant issue at 4 existing shares for 1 warrant, XD on 12 December. It plans to use the funds to expand its business by investing in telecommunication projects for rent, as it intends to raise the proportion of recurring revenue to strengthen and sustain business growth. (Thun Hoon, 1/12/17) Comment: The key […]

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DEMCO DEMCO ready for project. DEMCO recently got a project from EGAT to construct steel towers. It believes 2017 earnings will be outstanding, driven by backlog of Bt4.05bn. (Khao Hoon, 29/9/17) Comment: I believe the real news is that they were awarded a license/certificate to make 500 kva stations and thus expect to win more […]

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