Updates
AGE AGE projects revenue proportion from overseas will rise to 30% on an increase in orders from Vietnam and China brought by rising demand for coal. It targets 2018 revenue to grow by 20-25% and currently has backlog of 300,000 tons, all of which will be booked in 1H18. (Thun Hoon, 18/1/18) LH LH targets […]
Read More →CBG CBG targets 2018 revenue to grow by at least 20% from both domestic and overseas markets. It plans to focus on the UK and China and penetrate into Europe this year, as it aims to become a global brand. It is going to negotiate with entities in France, Germany and Switzerland and expects finalization […]
Read More →BIZ BIZ signed a contract to sell cancer treatment machine, a Low Energy Medical Linear Accelerator, to Chonburi Cancer Hospital for Bt98.60 and contact period of 300 days. This raises its backlog to Bt1.36bn. (Thun Hoon, 16/1/18) Comment: If that is the case and the firm maintains it’s NPM @ 10%, then its at 10x […]
Read More →ANAN ANAN plans to launch six projects to raise presales in 1Q18 out of the 22 projects worth Bt48bn targeted to launch this year. It expects 2018 presales to meet its goal with growth of at least 24% to Bt40.5bn. It plans to conduct a roadshow this year to expand its foreign customer base. (Thun […]
Read More →Notable Transactions Buy(s) THB 2.5 bn GLAND – A switch amongst the family members Sell(s) THB 182 mn BLAND – WOW! STOP THE PRESSES! After years and years of the owner buying, this is the first massive sale that I’ve seen BDMSÂ – The daughter is selling some shares.
Read More →And the markets keep going and going and going. Interesting fact is that the MAI is continuing its 2 year underperformance versus the SET. Here’s another one, will the steel sector begin to perform this year? Cheapest on a BV basis, infrastructure projects are going ahead. A surprise for 2018?
Read More →BACC to propose three measures worth Bt95bn to cabinet for low-income farmers who registered for welfare policies previously. (Thai Post, 8/1/18 Ministry of Finance has no plans to intervene in the strong THB. It believes the BoT will be able to handle it without problem, suggesting this is a good opportunity to import goods. (Thai […]
Read More →AP AP is changing its strategy to focus on developing middle and high-end condominiums via a joint venture. It plans to launch 30-35 projects within this year and reports backlog of Bt52bn, which will be steadily booked as revenue. (Thun Hoon, 12/1/18) BCP BCP has budgeted Bt10bn to improve refinery production efficiency to provide higher […]
Read More →AP AP is partnering with Mitsubishi Estate to develop four condominiums worth Bt23bn this year. It is going to launch the first project, LIFE Sukumvit 62 in March. (Khao Ho on, 11/1/18) BH BH’s 2018 business plan is to focus on more foreign patients. It expects to raise the proportion of revenue from foreign patients […]
Read More →AH AH expects 1Q18 results will be outstanding and expects 2018 earnings to again make a new high as vehicle production has increased by 2mn. It is negotiating for joint venture and acquisition deals and plans to research setting up factories in Malaysia, Indonesia and Vietnam. It also plans to conduct a roadshow in the […]
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