GLOW GLOW reported 2Q18 earnings of Bt1.8bn, down 36.5% YoY. 1H18 earnings were Bt4.4bn, down 6.7% YoY, due to higher maintenance cost and FX loss. (Kao Hoon, 1/8/18) Comment: Interesting, just as the acquisition is completed does GLOW report weaker earnings. HMPRO HMPRO posted 2Q18 earnings of Bt1.3bn, up 16.03% YoY. 1H18 earnings were Bt2.56bn, […]

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AOT AOT says Suvarnabhumi Airport phase 2 expansion has progressed to around 30.62%. AOT is speeding up the project and plans to issue the TOR for the baggage belt conveyor and explosives detection system in August. (Kao Hoon, 31/7/18) BIG BIG set up a new subsidiary, Camera Holding, to expand its business. It expects 2H18 […]

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AH AH is confident earnings will be good and confirmed the soundness of its fundamentals after the share price fell significantly yesterday. New customers continue to flow in. It expects revenue growth of 3-5% this year. (Thun Hoon, 20/7/18) Comment: If you take out the funny interest that they are receiving from the new Indian […]

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ADVANC ADVANC told to stop airing World Cup. The court ruled that ADVANC subsidiary would have to stop airing football’s World Cup 2018 broadcast through AIS PLAY after True Vision filed an appeal. ADVABD ceased broadcasting at 5 p.m. on June 28. (Kao Hoon, 2/7/2018) Comment: A big FU to AIS from TRUE. BGRIM BGRIM […]

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AEONTS AEONTS’s loan growth improved YoY, backed by its strong credit card business. It expects the revived economy to enhance the ability for debt repayment, controlling NPLs to 2.35%. (Thun Hoon, 21/6/18) Comment: So all the news last year about the BOT limiting the customer types that can receive credit cards has had no impact […]

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AGE AGE’s 2Q18 performance is likely to improve thanks to a favorable coal price at above US$119/ton . The company is preparing to ship 800k tons of coal in 2Q18 -3Q18 and maintains its revenue growth target of 20-25%. (Kao Hoon, 18/6/18) GFPT GFPT plans to inject Bt4-5bn to expand capacity to support long term […]

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AOT AOT is expanding its airports in Chiang Mai and Phuket with a budget of Bt120bn to support rising traffic, both domestic and overseas. (Thun Hoon, 28/5/18) BAY BAY management said that SME loans grew nicely at 2-3% YoY in 4M18 and is maintaining its fullyear target growth of 11%. Bad debts will be controlled […]

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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 […]

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B B will focus more on business restructuring to emphasize its logistics segment to accommodate rising e-commerce. The company targets to double revenue YoY in 2018, from Bt125.64mn in 2017 and expects to record some profit vs. net loss in 2017. It will reduce the proportion of customers in heavy industry from 90% currently to […]

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CK CK to use CKP to buy shares of 1285-MW Xayaburi power plant from BEM for Bt2.5bn, lifting its shareholding to 37.5%. It plans to issue a Bt2.5bn bond to pay for the purchase. (Thun Hoon, 23/3/18) IVL IVL partners with Alpek and Far Eastern to set up CC Polymers to buy a PTA-PET factory […]

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