ASIAN sees big jumps 2Q from strong pet foods sales and OEM order from plant in China, maintain Bt10b FY19 revenue target, Bt13b next year.
CNT anticipates recovery 2Q from recognition of construction projects, target to secure at least 20-25% of Bt50b current bidding, 50% of Bt13b backlog to realize this year, firms on 20% revenue growth target above Bt8.5b.
Comment: With the government delayed yet again and projects delayed yet again, who knows when the construction sector will improve
DTC: branches out from hotel business to F&B, estimate subsidiary, Dusit Food, to expand house brand products, target Bt400m revenue from the unit by end of year, eyes Bt1b within 3 years.
Comment: There’s a lot going on here. Keep your eye how they’ll perform in 2-3 years from now.
GPSC expects big boost from full quarter recognition from GLOW, allots Bt3b for M&A, expects to wrap up 40 mw solar farm within 1H.
Comment: And Glow should probably be delisted.
INGRS reaffirms 2H turnaround from new auto parts order for Hyundai.
RML announced partnership with Mitsubishi Estate to develop Bt8.8b mixed-use complex, One City Center, in Bangkok CBD, Ploenchit road.
TASCO maintain 1.9m tons asphalt sales volume target from healthy demand for roadwork project and growing exports sales to China, Malaysia and Indonesia, expects wider margins yoy as costs drop.
Comment: The only question for this company (typically) is how are the margins doing?