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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CHO CHO expects to be awarded two mega projects for Khon Kaen city development as northern regional hub with total value of Bt26.96bn. The results will be known soon. If it wins these projects, its revenue and earnings will increase significantly. (Thun Hoon, 24/10/18) Comment: Well, it won’t be getting that full value, b/c part […]

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ANAN ANAN will launch “Ideo Mobi Sukhumvit Eastpoint” condominium which is located at Bangna near the BTS Bangna station, so this condominium will attract buyers who need convenient transportation. (Thun Hoon, 19/10/18) Comment: As are the majority of their projects. ASIAN ASIAN says there are a lot of new orders and increasing customers. It targets […]

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ANAN ANAN plans to launch three property projects worth Bt6.8bn in 4Q18 and boost its presales to reach its target of Bt35bn this year. It believes demand for condominiums adjacent BTS and MRT lines is still growing. (Kao Hoon, 11/10/18) Comment: For property the story is quite simple…a good location at a decent price typically […]

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BCPG BCPG sold two solar farm projects in Japan with total electricity production capacity of 24.53MW to an infrastructure fund. It expects to book the Bt1.1bn proceeds immediately. It targets revenue growth of 15- 50% this year. It continues to set up power plants as planned and studying new investment in power plant projects. (Thun […]

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AUCT AUCT is working with a new partner to bring cars to auction. It expects car auction volume to grow by 20% this year from 60k cars last year. It says YTD auction volume is good and business is recovering. (Thun Hoon, 11/9/18) Comment: But their vision of being the auction house of every asset […]

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ASAP ASAP is applying for a loan from local banks to expand its business. It plans to set up car parks for rent nationwide and a final decision will be made in October. It also plans to franchise “auto park” and the conclusion will be clear in 4Q18. Management expects 2H18 results to be good. […]

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BGRIM BGRIM plans to invest in 250MW more capacity in Vietnam, adding to current capacity of 420MW. The results will be known soon. It is also studying investment in Korea and Malaysia. It plans to add total capacity of 179 MW this year and plans to issue a Bt10bn bond. (Thun Hoon, 3/8/18) Comment: 1GW […]

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AEONTS AEONTS reported 1QFY18 net profit of Bt928mn, increasing 50% YoY. (Kao Hoon, 12/7/18) Comment: This has beaten everyone’s expectations.  BKD BKD reports a record high of backlog of Bt2bn, with Bt1.4bn to be booked this year. It plans to bid for projects both inside and outside Thailand. (Kao Hoon, 12/7/18) CHAYO CHAYO announced the […]

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A lot of deals have taken place in the past few months, we’ve had a change of major shareholders in NOBLE, GLOW being acquired by GSPC, and LH’s founder going for another 10% in his co. And now the latest one is SPALI w/ MK, although granted back in the day a related family member of […]

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