ANAN reports Bt10.915b 1H presales, account for 30% of FY19 target of Bt36b, mulls 8 project in 2H worth Bt27b.
Comment: Similar to AP, fantastic presale numbers, if the presale numbers continue on this positive trend then I wouldn’t be surprised to see the sector re-rate towards the end of this year
AOT signed contract with King Power yesterday, after receiving Bt11b bank guarantee.
CBG target energy drinks sales topped 150m cans in China, expects 50% sales growth yoy from Vietnam & Myanmar markets, anticipates narrower loss from UK operation (ICUK) to GBP10-12m, Carabao green apple out on sale before end of-July.
Comment: If they can achieve this number in China then you can add a 0 to their share price
CPF sets Bt30b capex to expand ready-meal plant in China, R&D center and expand chicken complex in Vietnam, target 10% CAGR over next 4 years, eyes Bt800b rev target within FY23.
ECL maintains 15% loans growth target above Bt4.2b, aims to shift revenue from auto to big bike to capture higher returns and reduce risk from lower loan per unit, to expand warranty, maintenance services and insurance to utilize clients base.
MOONG anticipates another record high profit this year from strong margins and sales of mother care and infant products.
OCEAN to venture into real estate business after greenlight from Board.
SCB’s expected to book gains from SCBLIFE in 4Q and use extra cash for M&A to boost ROE to above 10%, before paying out extra dividend, Tabloid.
Comment: But its net gain is lower than expected…
THG to book Bt283.2m extra gains from RJH share sales in 2Q.
Comment: This will be close to 70% of last year’s profit for THG
ZEN to attend showcase event, Thai Franchise & Business Opportunity (TFBO) July 11-14, aiming to expand franchise of 9 restaurants in portfolio local & abroad.