ThaiCapitalist research
Bt15bn expected to be spent for tourism on this New Year (29 Dec – 2 Jan), based on estimates from the Thai Authority Tourism (TAT). This is 13%YoY higher than last year, driven by tourist arrivals and domestic travelers. (Thairath, 18/12/17) Bt215bn railway project approved. The State Railway of Thailand (SRT) board yesterday approved plans […]
Read More →BGRIMM BGRIM signed an agreement to buy shares in an industrial waste power plant with capacity of 4.8MW, which it expects to COD by December 31, 2019. It will add capacity of 73.8MW in 1Q18 and expects capacity will increase by at least 450MW in 2018. It believes total capacity will be at least 5,000MW […]
Read More →CENTEL CENTEL has budgeted Bt1.2-1.5bn to add more stores and to invest in hotels and it plans to continue making new deals to acquire businesses. It projects 2018 occupancy rate will be at least 82% and revenue from its food business will grow by 7-8%. (Thun Hoon, 21/12/17) CK CK is going to bid for […]
Read More →PTG Energy PCL (SET:PTG) President and Chief Executive Officer, Mr. Pitak Ratchakitprakarn discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: How many stations does PTG have today and how has the business been performing? Today, we have 1,609 stations and are continuing to expand at a rate of 300 […]
Read More →Been a while since I’ve had a random thought, nothing has really interested me until something in the news this afternoon, so here’s a quick, poorly organised, 10-minute thought. I’ve been of the viewpoint that the military is working towards setting up their own political party to win the upcoming elections – whenever this may […]
Read More →COM7 COM7 is penetrating the gamer market, partnering with Sony Thai to sell game consoles, PlayStation 4, in 25 Banana stores. It believes this will underwrite future growth. (Khao Hoon, 20/12/17) FN FN targets 2018 revenue to grow by at least 10% from this year in tandem with increasing purchasing power. It has budgeted Bt245mn […]
Read More →AP AP’s presales made a new high of Bt41.6bn, growing by 85% and exceeding the target of Bt26bn. It has launched 25 projects worth Bt49.04bn this year. (Khao Hoon, 19/12/17) Comment: Part of me is thinking what’s the total presale value in the market today and from some estimates I see that some THB 406 […]
Read More →ANAN ANAN plans to launch 22 projects in 2018, worth Bt48bn and targets presales and transferS to reach Bt40.5bn, growing by 76%. ( Thun Hoon, 18/12/17) Comment: Question is becoming, so now what for ANAN? Similar to what PSH has had to figure out after they achieved a certain size. CRD CRD reports it have […]
Read More →Notable Transactions Buy(s) THB 96.5mn ICC – I have been thinking there is an opportunity within the Saha Group companies with all the restructuring taking place..but good luck trying to build a decent position given liquidity.. Sell(s) THB 839.8 mn TFMAMA – Looks like the big owners have been selling off the market, if anyone […]
Read More →If it wasn’t for the industrials/petrochem sectors this would be a rather messy start to the end of the year.
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