AAV mulls adding more flights to accommodate demand for travel, sees advance booking jumps on Chiang Mai, Chiang Rai & Hat Yai routes. Comment: The limited flights that are going around the country – are full (up to the 75% limited) BAFS anticipates FY22 turnaround from recovery jet refueling business, target sales volume +110% yoy […]
Read More →BDMS BDMS is working with Movenpick group to set up “Movenpick BDMS Wellness Resort”. The resort will open in 2019. (Kao Hoon, 6/9/18) Comment: Not the worst idea, combining both of the key positive trends for Thailand, tourism and healthcare BKD BKD is engaging in the real estate business in Myanmar after signing a three-year […]
Read More →A A plans to open eight new projects worth Bt7.5bn in 2H18 to boost sales revenue of this year to reach Bt6bn. It will spend more than Bt1bn to acquire new land. (Thun Hoon, 7/6/18) ADB ADB has launched a new product, PVC resin for the medical industry. Sales target for this year is set […]
Read More →ANAN ANAN targets revenue to grow 300% within three years brought by economic recovery. Over the long term, it plans to launch 35 projects. Its existing backlog is Bt25bn. It plans to launch 17 projects worth Bt41.8bn this year. (Thun Hoon, 10/04/07) Comment: Despite the outraegous projection, it is entirely possible given the JV’s they […]
Read More →A A expects 1Q17 sales to reach Bt2bn, with total sales of Bt9bn in 2017, bringing revenue of at least Bt6bn. It plans to launch eight new projects with a total value of Bt7.4bn. It has budgeted Bt1bn to buy land to develop new projects. (Thun Hoon, 22/02/17) Comment: The company seems to be continually […]
Read More →BEM BEM will negotiate with the BMTA for the Blue Line extension job in September. It accepts that passengers on the Purple Line are not meeting its target and pulling down revenue by Bt0.8mn per month. The BMTA has approved a reduction in average passenger fare of 30% to Bt14-29 and expects this to boost […]
Read More →BR BR expects 2016 revenue growth OF 10-15% supported by recovery in sales in 2H16. It plans to develop a new project to increase its margin. It expects to conclude a JV in Hong Kong in 1-2 months which is a key to expanding to Indonesia. (Thun Hoon, 09/06/16) Comment: Cheap on valuations, so so […]
Read More →AJD AJD’s board of director has approved the rising capital in the amount of Bt80mn (800mn shares at Bt0.1/share par value). This will increase registered capital to Bt550mn (from Bt470mn). (Krungthep Turakij, 10/09/15) Comment: And are you surprised by this? BCP BCP to list renewable energy arm. The state-majority-owned Bangchak Petroleum Plc (BCP) plans to […]
Read More →ANAN ANAN budgets Bt3bn to purchase land to support business expansion. The company targets revenue of Bt12-15bn with presales of Bt22.5-23.5bn in 2015. (Kao Hoon, 11/12/14) Comment: The upside for me in ANAN is on operational leverage i.e. fixed costs should be stable, thus with revenue growth of 20-30%, i wouldn’t be surprised to see […]
Read More →BJC Berli Jucker introduces direct sales, e-commerce – Berli Jucker Plc (BJC), the SET-listed trading and retail company owned by billionaire Charoen Sirivadhanabhakdi, is expanding its product sales and distribution to include direct sales and e-commerce channels after facing tough modern trade competition. (Bangkok Post, 22/09/14) Comment: Overall a small impact on their total numbers […]
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