BGRIM BGRIM targets 2018 revenue growth of 20-25% as it plans to start commercial operation of 449 MW, which raise its operating capacity to 2,091 MW. It also plans to announce an investment plan in a big solar farm in Vietnam in April. (Khao Hoon, 14/03/18) Comment: Of the larger players it has the best […]
Read More →CHOW CHOW’s 26.68 MW Iwaki solar farm construction is 100% completed, raising its capacity to 65.67MW. It projects this solar farm will generate revenue of Bt400mn/year and start commercial operations in April 2018, booking revenue immediately in 2Q18. (Khao Hoon, 13/03/18) GCAP GCAP targets 60% growth in new loans in 2018 to reach Bt1.8bn. It […]
Read More →APCO APCO is going to move to the SET in 2Q18. It targets 2018 revenue growth of 15-20% with a net margin of 28-30%. It plans to expand to Asia and U.S. markets. It is going to launch new products and new promotional campaigns and also expand its online channel. (Thun Hoon, 12/03/18) BAFS BAFS […]
Read More →Quick note: This is the first time in quarters that I am seeing a massive volume (not value) of buying by management/directors across public companies listed in Thailand. Notable Transactions Buy(s) THB 547 mn GULF – The founder believes there’s still value here AJ – Dodgy dodgy company…but hey there’s a buyer, so there should […]
Read More →JSCCIB maintains 2018 economic, export forecasts as growth momentum continues. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has maintained its forecast of Thailand’s economic growth at between 3.8 per cent and 4.5 per cent for this year, with export growth still predicted to come in at 3.5 per cent to 6 per […]
Read More →AIT AIT targets 2018 revenue at Bt6bn, implying a growth of 20% from last year. It plans to join the bidding for both government and private sector projects. It says the competition in the industry is still intense this year and it will focus on high margin projects. It will join the bidding for system […]
Read More →His commentary came out 1.5 weeks ago and I’ve just gotten around to reading it properly. Here are two passages worth your time and a link to the rest of it. The market usually begins to buckle when the Federal Reserve is aggressively tightening. We know that the new Fed Chairman Jerome Powell wants to […]
Read More →Sitting on a plane is one of my few pleasures as I may finally catch up on reading books. Currently I’m working my way through Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed, and I just had to note this passage While market averages continued to race up, reaching their peak in […]
Read More →A A targets 2018 revenue and presales growth of 30% and plans to launch 11 projects valued at Bt7.92bn. (Khao Hoon, 08/03/18) Comment: A rather odd stock given its consistent straight up movement over the past 7 years, but given that fact they are planning to launch this number of projects, arguably justifiable valuations here. […]
Read More →BANPU – BPP Court closes book on Banpu dispute. Miner will pay B2.7bn to jilted plant partner. The Supreme Court brought a decade long dispute to a close yesterday, ordering Banpu Plc to pay 2.7 billion baht to Siva Nganthavee over activities that negatively affected Thai-Lao Lignite Co’s (TLL’s) involvement in the Lignite Hongsa coalfired […]
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