Updates
AMATA AMATA maintains its presales target of 925 rai this year. It expects 4Q18 presales to be outstanding. Next year, it expects presales growth of 10% to 1,000 rai, backed by large demand from Chinese and Japanese. Backlog is 13,000 rai. It plans to raise land price in Amata City Chonburi. It will increase recurring […]
Read More →AH AH expects revenue to grow in line with growth in the automotive industry. 4Q18 revenue is expected to be better, backing its revenue growth target of 5% this year. (Thun Hoon, 27/11/18) KBANK KBANK continues to expand in ASEAN+3. Laos is its potential target. Private sector growth in Laos will help underwrite loan growth. […]
Read More →Notable Transactions Buy(s) THB 160 mn OSP – Family member buys more ORI – Wife buys more JSPÂ – Ohhh these guys are back! Sell(s) THB 109 mn JKN – Not confirmed, but we suspect it is the same Dr fellow buying these shares.
Read More →AOT FY2018 results to be released on Nov 30. Nitinai Sirismatthakarn, AOT president, says FY2018 performance will be announced on 30 Nov. He expects earnings to be a record high, supported by passenger growth that has put it over capacity. He expects a net margin of 40%. As for terminal 2 construction, it is waiting […]
Read More →CBG CBG struggles to control costs. It cut expenses in subsidiary ICUK. It is focusing on increasing revenue in the Australian market with minimum sales of Bt100mn. As for market strategy in Thailand, it is focusing on marketing through “Cash Van†and “cheer ladiesâ€. It expects this strategy will grow its sales by 10% next […]
Read More →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 […]
Read More →ASAP ASAP insists that it will not increase capital, even though D/E ratio is high. The jump in interest expense pushed share price down, but it said this is the nature of a leasing company. It says customers trust it and banks provide support. It is studying the issue of debentures of a minimum of […]
Read More →BA BA believes that VISA fee exemption will not be very effective, as it is just a short-term stimulus and the process is convoluted. It recommends the government exempt visas altogether, which will encourage tourists to make decisions more rapidly. It is negotiating with a European company to jointly bid for Suvarnabhumi’s duty free space. […]
Read More →ANAN ANAN has Bt49bn backlog which will be booked as revenue until 2022. It targets revenue to reach Bt38bn. It will launch two property projects with total value of Bt6.4bn in 4Q18. (Thun Hoon, 19/11/18) Comment: And the founder has bought back more shares in the market COMAN COMAN notified the SET that it acquired […]
Read More →Well. The one last sector to keep the market up finally rolled over with oil prices plummeting – I should say I foresaw that with this post (Random Thoughts…) Â but yeah right just lucky with the post timing. So now the question is which names will still be decent to look into? The market valuations […]
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