CPF’s firm on 8-10% revenue growth, sees growth momentum into 2Q, sets Bt20b capex. Comment: I see a high probability for all commodity prices to go very very high over the coming decade… DCC’s 967.5m new shares from exercise of DCC-W1 1:1 at Bt1.15 apiece tradable today, previous close Bt1.84. JWD anticipates 2H turnaround from […]

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GUNKUL sees solid 1Q after realizing 94MW solar farms in Vietnam and Japan, in talk to acquire windfarm in Vietnam in 3Q. HMPRO sees negative SSSG 1Q from lower traffic amid virus, aims to curb costs, adds campaign to boost online sales, sets Bt5b budget to add 5 branches & revamp existing outlets. Comment: Everyone […]

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BCP sets oil sales growth t/g this year at 6%, plans 60 new stations, mulls boosting non-oil revenue, including EV charging stations. Comment: All the petrol station co’s have been trying to push non-oil revenues over the past few years, the best has been PTT followed by PTG BGRIM CODed 4.8mw industrial waste pp, lifted […]

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ANAN sees strong 4Q and momentum into next yr with 7 pjs ready to transfer and Bt37b backlog, of which Bt5-6b to transfer this yr. Comment: The share price is trading at 10x 9M19 earnings…so if 4Q19 is at the company suggests then it would be close to 5x, and then if they just maintain […]

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AP: report 7mth presales at Bt 24b account for 57% of Bt 41b full year target, target new launch 17 projects (8 SDH, 9 townhome) worth Bt 26.8b for remaining 5 months, Bt 15.52b out of Bt 54.89b backlog to realize this year, maintaining Bt 35.9b FY19 revenue target. Comment: That’s impressive. ERW: to open […]

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ALLA expects strong machineries sales 2Q from small & SME segment aft appointed by YALE to be sole distributor of crane & hoist in TH, automated warehouse projects for CPALL to deliver in 2Q, chem complex projects bidding result out 3Q. BCP mulls listing of OKEA in Norwegian Exchange in 2Q, raising funds for exploration […]

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AP sees mmtum into 2Q frm real dmnd after 25% jump in 1Q presales to Bt41.8b. Comment: If 2Q #’s for the sector aren’t shit, then watch the sector re-rate positively, if they are then just look at LPN’s share price ASAP upbeats 2Q erngs frm surging car rental rev frm travelling dmd during long […]

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AOT AOT entered into joint venture with SAL to improve parking service and airport equipment. It will hold 49% of the JV. It is looking for new investments. (Thun Hoon, 12/10/18) BGRIM BGRIM signed its Power Purchase Agreement (PPA) with Vietnam’s government. The 257MW plant will start commercial operations on June 30, 2019, boosting revenue […]

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ANAN ANAN is confident that revenue will grow by 152%YoY to Bt38bn. Current backlog is Bt54.6bn and Bt23.8bn of this will be booked as revenue this year. It expects 2H18 revenue to grow HoH. (Kao Hoon, 24/9/18) Comment: Part of their plan, and not a surprise given the delay of Ashton Asoke last year. BEM […]

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ANAN ANAN launched IDEO Ratchada-Sutthisan condominium worth Bt1.6bn, boosting sales in 3Q18. Unit price starts at Bt2.49mn. It has contracted CIMBT to issue subordinated debentures at a rate of 8.5% for the first five years. It plans to sell the debentures to local institutions and HNWIs on Sep 20-25. (Thun Hoon, 12/9/18) Comment: Everything is […]

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