AOT Airports of Thailand (AoT) has put the brakes on a second terminal scheduled to be built at Suvarnabhumi airport, pending steps to glean opinions from relevant parties including the International Civil Aviation Organization (ICAO). (Kao Hoon, Comment: And so will AOT decline back down to the price level where it was pre this expansion […]

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ANAN ANAN expects 3Q18 earnings to be outstanding and it expect transfers to increase in 4Q18. It plans to launch three property projects with total value of Bt6.86bn this year. It expects presales of Bt10.05bn and transfers of Bt18.51bn this year. (Thun Hoon, 5/11/18) Comment: But the overhang from the BOT announcement combined with a […]

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AEONTS AEONTS’s loan growth improved YoY, backed by its strong credit card business. It expects the revived economy to enhance the ability for debt repayment, controlling NPLs to 2.35%. (Thun Hoon, 21/6/18) Comment: So all the news last year about the BOT limiting the customer types that can receive credit cards has had no impact […]

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ANAN ANAN believes 2018 revenue will grow by 18% to Bt28.3-34.3bn, even though transfers of Ashton Asoke have been delayed. It says it is willing to return the money if the project is not able to be transferred by the scheduled date. It also says 95% of its customers are willing to wait for transfers […]

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LPH LPH believes 2017 revenue growth will reach target of 10-15%, as it enters high season in 2H17. It is booking more revenue from social security and it also expects to have more people getting health insurance since they can now deduct health insurance premiums. It plans to increase clients from expatriates and to open […]

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AU AU expects 2Q17 to do better than 1Q17 from stronger demand. The company plans to open seven new branches. (Thun Hoon, 27/6/17) Comment: Every potential dream looks fully priced in CK CK expects to win 20% more projects in 2H17 from new bids worth Bt400bn for five dualtrack train lines and three electric train […]

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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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BKD BKD expects to book Bt400mn extra gain from selling land in 2Q17. It plans to ask approval from its board to pay an extra dividend. It targets 2017 revenue growth of 20%. It plans to take part in Bt1mn bids. (Kao Hoon, 27/03/17) CCP CCP expects 1Q17 performance to be good on seasonality. It […]

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AGE AGE is cooperating with a Chinese partner to expand its market in China. It targets sales of 50,000tons/month which will support its target growth of 25-30% from 2.36mn tons in 2016. It plans to implement active strategy both at home and abroad and plans to diversify to logistics and warehouse businesses. (Thun Hoon, 08/03/17) […]

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AKR AKR targets 2017 revenue growth of 40% to Bt2.3bn on the back of transfers. It plans to expand abroad. It expects projects in the Philippines and Indonesia to contribute revenue this year. It targets 10% growth in sales from ASEAN in 2016. (Thun Hoon, 17/11/16) ARROW ARROW targets 2017 revenue growth of 10-15% to […]

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