GLOW GLOW reported 2Q18 earnings of Bt1.8bn, down 36.5% YoY. 1H18 earnings were Bt4.4bn, down 6.7% YoY, due to higher maintenance cost and FX loss. (Kao Hoon, 1/8/18) Comment: Interesting, just as the acquisition is completed does GLOW report weaker earnings. HMPRO HMPRO posted 2Q18 earnings of Bt1.3bn, up 16.03% YoY. 1H18 earnings were Bt2.56bn, […]

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EFORL EFORL shareholders approved a capital increase via private placement of 16,108mn shares to a group of investors led by Mr. Vichai Tongtang. The funds of Bt644mn will be used to expand its medical equipment business for cosmetic surgery. (Kao Hoon, 22/5/18) Comment: Well done that’s changing the story of this holding co JWD JWD […]

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BAY BAY targets corporate loans and deposits to grow by 6-8% this year in tandem with projected GDP growth of 4%. It targets SME loan growth of 14% in 2018 and expects this growth to reach 20% in three years. It says its NPLs remain low compared to peers and views the establishment of banking […]

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ETE ETE received a new project worth Bt131mn and reports 3Q17 earnings of Bt17.57mn, growing 184% with revenue of Bt404.67mn, growing 19.06%, from an increase in revenue from engineering services and energy businesses. (Khao Hoon, 20/11/17) Comment: And its already pricing this in plus far more… ICN ICN says it received a new project worth […]

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ACAP ACAP posted 2Q17 earnings of Bt91mn with revenue of Bt190mn, growth of 239% YoY, driven by more demand for business expansion loans. (Thun Hoon, 18/8/17) Comment: Something positive has happened over at ACAP in the past 12 months, performance seems to be far better and the share price is reflecting that… BA BA signals […]

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AAV AAV reported strong ticket presales for 3Q17. The company is increasing its flight routes to boost sales. It expects to add four more routes in 2H17 which will push up passenger numbers to over 19.5mn and support 16% revenue growth YoY. (Thun Hoon, 20/6/17) ADVANC ADVANC will sign 2100 MHz with TOT this year […]

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ANAN ANAN is launching five projects worth in total Bt21.1bn along with its JV Mitsui at Paragon on June 22. Currently, the company has Bt42.5bn worth of backlog on hand to be recognized through 2019. (Kao Hoon, 6/5/17) Comment: A continuation of what they’ve been wanting to do for the past few years, now it […]

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AH AH expects contribution from SGAH in 3Q17 on top of an additional US$10mn in interest income. The process is expected to finish 2Q17. The company aims to improve this year’s performance by reducing cost and efficiency. (Thun Hoon, 29/5/17) Comment: And that has helped propel its stock price by some 11% today. ASP ASP […]

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AH AH plans to expand abroad to boost revenue. It targets to complete one deal this year. It expects continued growth in 2Q17 performance after the 50% net profit growth in 1Q17. Behind this is numerous orders and profit sharing from associated company. (Thun Hoon, 18/05/17) Comment: zzzzz, if there is ever a change a […]

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ASAP ASAP expects 1Q17 net profit to reach Bt29mn, up 60%, brought by more cars for rent. It expects profit in 2Q17 to continue to grow. (Kao Hoon, 08/05/17) Comment: With KCAR becoming popular again (seems to happen 1x a decade) I’m not surprised to see that ASAP may benefit from additional news flow despite […]

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