ANAN will launch “Ideo Mobi Sukhumvit Eastpoint” condominium which is located at Bangna near the BTS Bangna station, so this condominium will attract buyers who need convenient transportation. (Thun Hoon, 19/10/18)
Comment: As are the majority of their projects.
ASIAN says there are a lot of new orders and increasing customers. It targets revenue growth of 10%. It is negotiating to acquire a company, adding a new revenue channel. (Thun Hoon, 19/10/18)
BGC share price opened at 12.55%, 22.55% higher than IPO price. It opened a new melting furnace at Ratchburi which has high efficiency to control cost. It maintains gross profit margin more than 16% and net profit margin more than 6% this year. It is planning next year’s budget which will be completed in November and ask for approval in December. (Thun Hoon, 19/10/18)
Comment: Even small the IPO’s are doing their magically high pop’s anymore
EASON expects more orders in 4Q18. It plans to enter in motorcycle spray market in Vietnam and Indonesia which it believes in high growth and big size. It expects revenue growth of 10% from last year’s Bt607.2mn. It will book revenue form APCON, renewable energy company in next year. (Thun Hoon, 19/10/18)
The Central Intellectual Property and International Trade Court sentenced JAS to pay Bt460mn plus interest to Sumitomo Mitsui bank. JAS appealed immediately. (Kao Hoon, 19/10/18)
Comment: Ah……….btw I think True has some 100 court cases against them at the moment from NBTC, CAT, TOT and several suppliers…
SPALI expects revenue to reach Bt33bn. It is preparing presale on Supalai Primo KanchanaChaiyaphruek and Supalai Ville Sriracha-Suan Sue with total value of Bt920mn on 27-28 Oct. (Kao Hoon, 19/10/18)
SUPER investing in new power plant projects. The board approved to set up one subsidiary in Thailand and 11 subsidiaries in Hong Kong to support the expansion of solar-wind-waste power plants in Thailand and Vietnam. It targets revenue growth of 25% this year. (Kao Hoon, 19/10/18)
Comment: Hmmmmmmmmmmmmmmmmmm…..still waiting for this infrastructure fund…
TACC plans to introduce new products in 4Q18. It will bring the Hershey’s chocolate mixed beverage to sell again. It expects 3Q18 performance to be good and gross profit will widen to 30%. (Kao Hoon, 19/10/18)
Finance Ministry is looking for another commercial bank to merger with TMB but it rejected KTB-TMB merger rumor. Management accepted that loan growth may below than target of 8-10% this year after 9M18 loan just grew by 3.3%. It already set the provision to support IFRS9. (Thun Hoon, 19/10/18)
Comment: It’s been a story for TMB for as long as I can remember, I think we’ve traded this rumour 4x over the past … 15 years..

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