BDMS forms 60:40 jv with COM7 to expand upscale drugstore, offer medicines, med equipment, health tech products, BDMS will get expertise in retail mgt while COM7 expand into new biz in healthcare. Comment: Great move by both parties, but be aware it takes scale and massive scale for this to payoff. 100 stores is nothing. […]
Read More →DTC signed hotel management contract with Kuwait real estate co., Al Fajer International Holding, to mgt Dusit Princess Mahboula Kuwait, comprises of 180 rooms plus 70 serviced apartment, target cod 4Q23. Comment: These deals are still happening throughout the world. People here don’t understand that travel is relatively normal within parts of the UAE/pakistan/turkey/greece etc […]
Read More →BANPU BANPU to invest USD350mn in the gas, power plant, and mining businesses. It is ready to develop a five-year plan. ( Thun Hoon, 21/7/17) BCP BCP approved a JV with KSL by a subsidiary. This is to strengthen its ethanol business. The process is expected to be done within October. (Thun Hoon, 21/7/17) Comment: […]
Read More →AKR AKR expects 2017 revenue to grow 50% from 2016. It expects to book Bt1.9bn in revenue from transformers and Bt900mn from solar and construction. It expects to benefit from upcoming public bids. It expects to report net profit in 1Q17. (Kao Hoon, 27/01/17) Comment: If AKR will win this amount of projects then expect […]
Read More →ALLA ALLA closed 18.8% above its IPO price on first trading day. It plans to use the funds of Bt432mn to repay debt, build a warehouse and expand business. (Kao Hoon, 09/11/16) Comment: Compared to other smaller IPO’s this was a relatively weak opening the co. AP AP expects to transfer seven new projects […]
Read More →ABC ABC plans to associate with Tencent Group and Ksher to launch WeChat Pay in 4Q16. It expects this to bring in more Chinese tourists. It targets 5,000 stores to join this service within 2017. It expects this to increase financial transactions by 10%. (Khao Hoon, 30/09/16) Comment: I think that i’m going to run […]
Read More →AOT AOT expects 3QFY16 net profit to hit Bt4.9bn, up 21%, giving 9MFY16 net profit of Bt15bn, up 17%. This came from higher passenger pass-through of 90mn passenger in the first nine months (+12%). (Khao Hoon, 26/07/16) Comment: Altogether now, 1, 2, 3, amazing thailanddddd. BKD BKD expects to get jobs worth Bt300bn in 2H16 […]
Read More →CPALL CPALL expects its net profit to be good brought by SSS growth and 700 new stores. It expects 1Q16 net profit to be no less than Bt3.85bn with Bt102bn sales. It plans to sell MAKRO shares. (Thun Hoon, 04/05/16) Comment: It does finally look like they are going to do something with their stake […]
Read More →BEM BEM expects to pay dividend this year on the expectation of 40% growth in net profit after the Sri Rat expressway and MRT Purple Line open. It plans to take part in bids for public projects in CBD and outskirts. (Khao Hoon, 06/01/16) Comment: And now the largest infrastructure/transportation play is listed! CI CI […]
Read More →AAV AAV has no impact from China stock market woes. It is ready to open four new routes from U-Tapao and Don Muang to various cities China in 4Q15. It is confident that 2H15 will be robust supported by a 14.5mn passengers. (Kao Hoon, 13/7/15) Comment: The stock market in China naturally doesn’t have any impact on […]
Read More →