BCPG BCPG says its 27.9MW solar farm in Japan was affected by the Japanese agency’s reduction of electricity purchases. It must rush to complete the project in 2020 before the agency reduces the FiT (Feed-in-Tariff). It is focusing on solar rooftop projects, following the government’s PDP plan and diversifying investment in other countries. It expects […]
Read More →BDMS BDMS announced the sale of all 4.58mn of its shares in RAM to Cypress Consolidated Healthcare, F&S 79, Synphaet and VIBHA for Bt2,800 per share for a total value of Bt12.85bn. This will eliminate BDMS entire 38.24% holding, which it has held for 15 years. The deal will be completed in February. (Kao Hoon, […]
Read More →And so the last sector that held up for the past 12 months finally fell, the healthcare sector was rocked by news it may finally undergo price caps, see here Random Thought: Hospitals. What’s in store for this week? I think the first two weeks of every year is just noise as people are getting […]
Read More →Notable Transactions Buy(s) THB 205 mn RJH – Management here believes that the sell off in their hospital name is overdone ORI – She’s still buying THG – He’s never stopped buying his shares KBS – Oh a first in a long time, sugar prices turning? Sell(s) THB 15.6 mn N/A
Read More →Bt450bn budget deficit repeats. The state budget for fiscal 2020 is set at Bt3.2trn, up Bt200bn from fiscal 2019 ending Sep 20, 2019, with a budget deficit of Bt450bn equal to that of the previous fiscal year. (Bangkok Post, 05/01/19) Ministry set for first SEOM meeting here. The Ministry of Commerce will host the first […]
Read More →AGE AGE set capex of Bt30mn to set up a sorting and gliding plant, supporting its coal transportation services by sea, which it expects to contribute 10% of total revenue. It expects earnings growth of 10% with coal sales target growth of 20-30% to 4mn tons, focusing on customers in China, Vietnam and Cambodia. (Thun […]
Read More →And so the government has decided to act on the hospitals this time around. What’s the event? On January 9, 2019 Minister of Commerce, Mr Sontirat Sontijirawong, is due to propose adding medical products, medical supplies, and medical services to the Department of Internal Trade’s (DIT) list of products subject to price controls. In fact, […]
Read More →HTECH HTECH set capex of Bt150mn to expand production capacity, backed by new auto parts orders. It expects jobs to increase and earnings to grow this year. It is adding new customers and negotiating with companies both at home and abroad for venture capital deals. (Thun Hoon, 10/1/19) KTB Mr. Kittiphun Anutarasoti says he only […]
Read More →CMC CMC expects 2018 earnings to be a record high with revenue of Bt2bn expected. In 1H19, it plans to launch five property projects with total value of Bt5bn. It expects presales of Bt5bn this year. (Kao Hoon, 9/1/19) III III expects revenue growth of 15-20% this year and has set capex of Bt500mn to […]
Read More →AAV AAV, the country’s largest low-cost airline, ranked eighth of all no-frills carriers in the world with 81% of flights departing or arriving on time, according to the Punctuality League Rankings assessed by AOG Aviation Worldwide. Thai AirAsia’s ranking jumped from 19th last year. (Bangkok Post, 7/1/19) ASAP ASAP is dealing with commercial banks to […]
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