CHO  CHO offers PP to Marat Saelim of 118mn shares at Bt1.4297/share. This will give it Bt169mn in funds to support investment in its E-Ticket project, a ten-wheel truck repair center and Khonkaen Smart City. (Kao Hoon, 13/12/18)  Comment: That’s an interesting development, no idea who Marat Saelim are.  ITEL  ITEL got a job from […]

Read More →

AH AH maintains its revenue growth target at 3-5% this year, supported by growth in the automotive industry. It expects next year’s revenue to grow because its major customer, Isuzu, will launch a new car model. Its joint venture in Vietnam will launch a new car model in 3Q19. (Kao Hoon, 29/11/18) Comment: There’s a […]

Read More →

ANAN Luxury condo presales at 70%. ANAN says Ashton Silom, its luxury condominium, has reached presales of 70% of a total value of Bt6.03bn. The target customers of this condominium are both Thais and foreigners enjoying an urban lifestyle. (Thun Hoon, 25/10/18) Comment: And apparently this is part of their strategy, keep the remaining 30% […]

Read More →

AMATA AMATA targets land sales of 925 rai in 2019. It plans to build a new industrial estate and Laos and Myanmar. It is working with SCC and Dow Thailand Group to build the first recycled plastic road in Amata City Chon Buri. (Kao Hoon, 5/10/18) Comment: So the EEC news has driven the share […]

Read More →

DELTA Delta Taiwan upping holding to alleviate trade war risk. The President of DELTA Taiwan reiterated that the increase of the parent company’s holding in DELTA is being undertaken to reduce the risks arising out of a trade. (Thun Hoon, 7/8/18) Comment: That is the rhetoric from the company…and then the media domestically and internationally […]

Read More →

AOT AOT board approved Don Muang phase 3 expansion with investment value of Bt37.5bn. The expansion is expected to complete in 2024 with passenger capacity of 40mn per year. The new terminal is expected to be completed in January 2019. (Kao Hoon, 26/7/18) Comment: Things are moving ahead at AOT despite a delay of 12-24 […]

Read More →

BKD BKD is waiting for a result of Bt500mn bidding project. Management expects 2H18 operations to grow and plans to bid for new projects with total value of Bt3-4bn. The company maintains its revenue growth target at 20% backed by booking 50% of its backlog (Bt2bn) (Thun Hoon, 17/7/18) DDD DDD targets its revenue to […]

Read More →

Momentum  This is still a thought in progress, thus excuse the usual typos/grammatical errors etc etc … but the idea of momentum (effectively I’m thinking of a derivative of Soros’ Theory of reflexivity) is an interesting phenomenon. There is something to be said about the nature of momentum for a company’s business and thus its […]

Read More →

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 […]

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 →