ASIAN ASIAN management expects a 2Q18 earnings turnaround supported by strong order flows, a new production line and baht depreciation against the US dollar. The company has Bt1bn budgeted for M&A for business expansion and long-term growth. Its dog and cat food under the new “Maria” brand is expected to bring Bt100mn in revenue next […]

Read More →

BA BA to service air charters between Koh Samui and major Chinese cities, which it expects will drive load factor to 70%. It plans an aviation kitchen in Chiang Mai as well as a maintenance office. It targets greater than 5% revenue growth in 2018 and is not concerned about higher oil prices since it […]

Read More →

AAV AAV targets passenger growth of 18% this year to 23.3mn. Load factor is expected to reach 87%, driven by tourism growth. It will accept delivery of four new airplanes this year to add to its 59-strong fleet. (Thun Hoon, 17/4/18) Comment: Which will mainly come from China BIG BIG says earnings this year will […]

Read More →

BGRIM BGRIM plans to add 400 MW to production capacity this year. It reported 2017 earnings of Bt2.126bn and announced a dividend of Bt0.3/share, XD on March 20 . (Khao Hoon, 05/03/18) Comment: Just part of the plan, same story as with GULF, TPIPP BR BR targets 2018 revenue growth of 10-12% from 2017 and […]

Read More →

Sitting here I was wondering what really drove the market to be +11% or so in local currency terms and here you go, AOT and PTT represented 1/3 of the move this year whereas GL and TRUE have had the biggest negative impact thus far.   Data Source: Bloomberg

Read More →

BANPU BANPU has an investment opportunity in the natural gas business and is expanding its solar rooftop, with a goal of increasing production to 300 MW in 2020. It also plans to list subsidiary BANPU Infinergy. It expects 2017 revenue of at least Bt85bn and reports coal price has increased to US$70 per ton. (Thun […]

Read More →

CK CK expects backlog to increase to more than Bt100bn. It also expects to get new projects worth at least Bt40bn from joining bidding for Bt200bn in projects. It is preparing to get CKP’s hydropower plant construction project worth Bt100bn. (Thun Hoon, 19/9/17) Comment: Its now just funny money for the big 4 contractors JSP […]

Read More →

AP AP expects 2017 presales of Bt12.4bn. It plans to launch two condos worth Bt14bn in 2Q17 with a presales target of Bt4bn. Its backlog is Bt25.9bn, of which it expects to book Bt8.3bn this year. (Kao Hoon, 21/04/17) BCH BCH is budgeting Bt2.4bn for a 3-year investment plan. It plans to set up four […]

Read More →

AKR AKR expects 2017 revenue growth of 50% to reach Bt2.5bn and expects 1Q17 earnings to be unchanged from 1Q16. It has backlog of Bt700mn, all of which it will book this year. It is waiting to bid for government projects valued at Bt2.5bn and expects to get 10-15%. It continues to sell solar panels […]

Read More →

Bitcoin Is it possible that bitcoin has replaced gold as the go to safety currency during times of volatility and political turmoil? As ridiculous as this may first sound it may very well be the case when you look at these charts. We’ve seen the dollar go on a massive run in the past few […]

Read More →