ADVANC ADVANC has not yet decided whether to participate in the next 1800MHz auction. It will consider the bidding conditions first. It is interested in all spectrum auctions but must estimate return before a decision. (Kao Hoon, 24/8/18) BGRIM BGRIM says the location for BGPR1 and BGPR2 power plants has been decided. The two power […]

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ADB ADB expects demand for plastic resin and adhesive sealant to increase in 2H18. it is developing innovative products to add a new “green product” line which is eco-friendly. It believes the new products will be preferred by customers and widen its gross margin. The company is also improving the formulation of products to shield […]

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BAY BAY to expand to more global companies. Following an impressive loan growth of 14.5% in 1Q18, BAY plans to expand its client base from Japanese clients to other global companies. Its key business strategy is to support businesses in the Eastern Economic Corridor (EEC). (Kao Hoon, 31/5/18) Comment: I still think that this bank […]

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AIT AIT reported a 1Q18 net profit of Bt67mn, down 49.4% YoY. Its backlog of Bt3.1bn will be mostly booked this year. It targets 2018 revenue to grow 10% to achieve Bt6bn. (Khao Hoon, 10/5/18) Comment: It has been a difficult period for the IT players since the military took over. AMA AMA will add […]

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BCPG BCPG is cooperating with IEAT to develop a “smart grid” in Smart Park industrial estate in Rayong to support foreign investors coming to Thailand. It projects this will be able to generate electricity of 60-100 MW and the investment cost will be Bt40mn/MW. (Thun Hoon, 22/03/18) Comment: Well then another group making a move […]

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CKP CKP is going to start commercial operation of BIC2 in 1Q18, raising its operating capacity. It targets 2018 revenue to grow by 15% backed by upcoming electricity production capacity. It says it is negotiating a deal for a new hydropower project in Laos, which it expects to finalize in mid-2018. It is going to […]

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ARROW ARROW expects to receive many mega projects and will double production capacity of electricity conduits to support upcoming government projects. It targets 2018 revenue to grow by at least 10-20% to Bt1.6bn and to maintain margin at 25-30%. It currently has backlog of Bt960mn. (Thun Hoon, 15/03/18) Comment: Well we’ve been waiting to see […]

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AMATA AMATA targets 2018 land sales at 925 rai, with 10% of that ready for contract signing. It currently has backlog of Bt1.9bn, of which 50% will be booked as revenue this year, raising 2018 revenue at least 10%. It is also going to book revenue from three power plants. (Thun Hoon, 06/03/18) Comment: So […]

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BIZ BIZ targets 2018 revenue to grow by 10%. It recently signed a contract to sell a radiation therapy machine to Metropolitan Hospital Tha Chalom for Bt90mn, raising its backlog to Bt1.450bn. It is going to bid for new projects, worth Bt1bn. (Khao Hoon, 20/02/18) Comment: An interesting business ridiculously priced! CHEWA CHEWA targets 2018 […]

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AP AP’s presales made a new high of Bt41.6bn, growing by 85% and exceeding the target of Bt26bn. It has launched 25 projects worth Bt49.04bn this year. (Khao Hoon, 19/12/17) Comment: Part of me is thinking what’s the total presale value in the market today and from some estimates I see that some THB 406 […]

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