AP AP plans to launch 35 new projects with a total value of Bt54.3bn to boost 2H18 operations. It reported 1H18 presales of Bt17.3bn, accounting for 52% of this year’s presales target of Bt33.5bn. It has Bt52bn backlog and will recognize Bt10.3bn this year. (Thun Hoon, 9/7/18) BCPG BCPG targets its EBITDA to double (from […]

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BCP BCP expanded its upstream petroleum business with the acquisition of a Bt3.76bn field in Norway. (Kao Hoon, 22/6/18) BEM BEM has amended its agreement with CK to speed up the construction of the Blue Line, targeting operational startup on August 14, 2019, ahead of the original schedule of September 2019. (Kao Hoon, 22/6/18) GPI […]

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ANAN ANAN corporates with Ascott in for serviced apartments. It targets four projects in four areas with a total value of Bt10bn. It targets rental revenue in 2021 of Bt1.5bn. (Kao Hoon, 29/3/18) Comment: Part of their long term plan, well telegraphed by management for a few years, but the overhang for now is still […]

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GPSC GPSC expects 2018 earnings to make new high brought by full-year operation of IRPC-CP Phase 2 and BIC 2 power plant. It is going to propose a plan to expand its production capacity by 1,000 MW to the board in order to support investment in EEC; it expects this plan to finalize in 2018. […]

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BIZ BIZ targets 2018 revenue to grow by 10%. It recently signed a contract to sell a radiation therapy machine to Metropolitan Hospital Tha Chalom for Bt90mn, raising its backlog to Bt1.450bn. It is going to bid for new projects, worth Bt1bn. (Khao Hoon, 20/02/18) Comment: An interesting business ridiculously priced! CHEWA CHEWA targets 2018 […]

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I would love to see this implemented throughout the world. Companies do forget at times that shareholders, no matter how small, are owners of the business and in the end they have to answer to them. So it’s a refreshing to see this type of letter being published and distributed. As usual here’s some snippets […]

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BANPU BANPU has budgeted Bt3.5bn to invest in Marcellus natural gas, with production capacity of 52mn cubic feet per day. It currently has six natural gas sources with total capacity of 201mn cubic feet per day. (Thun Hoon, 13/12/17) EGCO EGCO says it has successfully obtained loans to develop and construct Nam Theun 1 power […]

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Fresh from the headlines of brokers this morning. FTSE SET large cap index (+) EA FTSE SET mid cap index (+) BGRIM, ORI, PRM, RATCH, RS, TOA FTSE SET Shariah index (+) AIT, AMARIN, BAFS, EKH, FN, GGC, HFT, SEAFCO, SRICHA, TOA, TPIPP, UVAN  Date to be applied : 15th Dec Effective: Monday, 18th Dec

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ATL ALT approved warrant issue at 4 existing shares for 1 warrant, XD on 12 December. It plans to use the funds to expand its business by investing in telecommunication projects for rent, as it intends to raise the proportion of recurring revenue to strengthen and sustain business growth. (Thun Hoon, 1/12/17) Comment: The key […]

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IVL IVL reports that it signed a contract to purchase DuPont Teijin Films (DTF), a world leader in BOPET (Biaxially-oriented Polyethylene Terephthalate) and PEN (Polyethylene Naphthalate) production. (Khao Hoon, 11/10/17) Comment: And the acquisition juggernaut that is IVL continues.  QTC QTC is going to issue 70mn new ordinary shares for PP priced at Bt13/ share, providing funds […]

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