BSM BSM expects revenue of more than Bt1bn, up sharply from 2018 expected revenue of Bt640mn. It will enter into the property development business and plans to launch one project each quarter with value around Bt350-400mn per project. It will focus on Central Business District (CBD). (Thun Hoon, 17/1/19) CIMBT Kittiphun Anutarasoti temporarily suspended as […]

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CMC CMC expects 2018 earnings to be a record high with revenue of Bt2bn expected. In 1H19, it plans to launch five property projects with total value of Bt5bn. It expects presales of Bt5bn this year. (Kao Hoon, 9/1/19) III III expects revenue growth of 15-20% this year and has set capex of Bt500mn to […]

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Notable Transactions Buy(s) THB 312mn RAM – Must be block sales amongst the shareholders, as there’s zero liquidity in this name Sell(s) THB 495mn BDMS – Founder sells a bunch  JKN – Another block sales by the founder TSI – A director sells off a fair amount – must be an arranged sale NEWS – […]

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AOT AOT has budgeted Bt15bn to pay dividend of Bt1.05 per share, XD on Dec 13. The board gave the nod to another four-year term for the president of AOT, Nitinai Sirismatthakarn. (Thun Hoon, 3/12/18) Comment: And so tourism has recovered…what quite turnaround in emotions for the tourism related names AUCT AUCT expects revenue growth […]

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AMATA AMATA maintains its presales target of 925 rai this year. It expects 4Q18 presales to be outstanding. Next year, it expects presales growth of 10% to 1,000 rai, backed by large demand from Chinese and Japanese. Backlog is 13,000 rai. It plans to raise land price in Amata City Chonburi. It will increase recurring […]

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Notable Transactions Buy(s) THB 160 mn OSP – Family member buys more ORI – Wife buys more JSP  – Ohhh these guys are back! Sell(s) THB 109 mn JKN – Not confirmed, but we suspect it is the same Dr fellow buying these shares.

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BA BA believes that VISA fee exemption will not be very effective, as it is just a short-term stimulus and the process is convoluted. It recommends the government exempt visas altogether, which will encourage tourists to make decisions more rapidly. It is negotiating with a European company to jointly bid for Suvarnabhumi’s duty free space. […]

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AMATA AMATA expects to sell 925 rai of land this year and 800 rai next year. Many Chinese investors are buying its land. It expects economic growth to support revenue. It says recurring income is increasing. It will sell land in the industrial estate in Myanmar next year. (Thun Hoon, 15/11/18) Comment: Earlier in the […]

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BEM BEM notified arbitrator that the Expressway Authority of Thailand (EXAT) already paid the premium difference between the Chalerm Mahanakorn and the Si Rat Expressway toll plus interest. There are many cases that BEM expects to win. (Thun Hoon, 1/11/18) Comment: Well EXAT did just make a bucketload from TFIFF… so was that used to […]

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