ADVANC plans to invest Bt14.5bn to develop 4G network. It currently has cash on hand of Bt44.5bn. (Thun Hoon, 4/12/15)
Comment: But the debt portion will increase by a significant amount of pay for the 4G concessions
AIT expects 2015 revenue to reach Bt5bn and plans to get a partner to create a data center to expand its revenue base. It also plans to get new projects worth Bt9.88bn. (Thun Hoon, 4/12/15)
Comment: We do at times wonder, if TOT is out of cash how can AIT continue to have projects from them?
CHG closed a hospital takeover deal. It plans to sign the contract this month. It also plans to expand in the Special Economic Zone and in the Eastern region to serve the AEC market. (Thun Hoon, 4/12/15)
Comment: Boom, future BDMS in the making
CPALL execs deny knowledge of MAKRO deal. The top executive of SET-listed CP All Plc who has been fined more than 30 million baht for insider trading has denied he had any knowledge the company was interested in acquiring Siam Makro Plc when he bought its shares. (Khao Hoon, 4/12/15)
Comment: More comments to come later on this
JMART plans to aggressively open more branches next year focusing on big cities in each region. It expects to see revenue grow more than 15% next year. It plans to expand into Myanmar once that country’s election is over and the new government is in place . (Thun Hoon, 4/12/15)
KTB expects to see a recovery in loan growth. It plans to gain revenue from government mega projects and SME economic stimulus. It expects to control NPLs to be less than 1.7%. (Thun Hoon, 4/12/15)
SIRI expects to pay a dividend of over 7%. It plans to see 2016 revenue grow at 30-40%. It also plans to open more projects. It currently has backlog worth Bt23bn . (Thun Hoon, 4/12/15)
Comment: SIRI as a dividend play? Feels like 2005 all over again.
TKN closes at 43.75% above IPO price with volume of Bt3.8bn. It expects to see 2016 revenue grow 10% and reach revenue of Bt5bn in 2019. (Khao Hoon, 4/12/15)
TSE is expanding its solar cell business in Japan. It just signed a contract to add 17MW to solar farms to bring total production to 42MW. (Thun Hoon, 4/12/15)