AOT to announce winner for Bt13b SIA’s 3rd runway projects and satellite terminal on March 9.

AWC target 15% CAGR over next 5 years, sets 5 year capex at Bt30b to expand hospitality and commercial projects.

BANPU sees profitable this year from -Bt553m loss in 2019, expecting turnaround in coal, utility and gas business.

Comment: If it was a pure coal play I would become more excited….why? I think coal prices are going to do very well this decade.

BDMS’s plan to acquire the remaining share of BH hits a roadblock after Office of Trade Competition Commission was asked to look into it, while Sophonpanich family, other major shareholder, said won’t sell in tender.

Comment: Sino-Thai war! Now which bank is supporting BDMS for this

CPN sets Bt115b capex plan to develop 30 projects over next 5 years, target 12% CAGR next 5 years driven by mix-used projects, retail spaces, residential projects as well as hotels local and abroad, may revamp 27k sq.m. if JPN chain, ISETAN, decided not to renew contract.

Comment: The mixed-use trend is continues to roll out in Thailand. I wonder what is happening with the Mall Group….they haven’t invested in anything for the longest time and there appears to be a split amongst the usual group of Siam Piwat and the mall.

SPALI revealed FY20 launch plan 30 projects (25 SDHs & 5 condos) total worth Bt30b, will tap in major cities upcountry to expand coverage, eyes Bt26b sales target, full year revenue above Bt24b.

Comment: Still big target numbers from these guys, its the smaller players that are going to be weeded out this year. Of the public co’s ALL seems to be the weakest one.

TACC maintained 10% FY20 revenue growth target from San-X character franchise sales in Singapore, Malaysia, Vietnam, Laos, Myanmar & Cambodia , F&B sales at All Café in 7-11, will add new productions to boost sales.

TKN cuts FY20 sales target to Bt5.3b from Bt5.8b from soft snacks sales vol due to lower Chinese tourists on the back of virus, will shut Tao-Kae-Noi land standalone shops to curb costs and scale back snacks production plants from 2 to 1, will finalize plan in 3Q.

Comment: The owner came back and bought a YUGE amount of shares.

TSE’s firm on 50% revenue growth target this year on full year contribution of newly acquired solar farm, eyes new M&A by end of-March.

TU sets Bt4.9b capex for automation and machinery, sees 3-5% revenue growth this year, while assessing covid-19 impacts.

TPIPP target 20% revenue growth driven by full year recognition of 164mw power projects, larger RDF fuel sales volume feed to TPIPL’s cement plant, expects to get additional PPA in 2H.

Comment: Solid business, iffy guidance, targets by management

DES minister urge THCOM to be responsible for customers affected from decommissioned of THCOM5 satellite as the satellite still fully ctrl under THCOM concession.

    • Redesign costs – its in the accounts.
      So the crap is done.
      Now we twiddle our thumbs and wait to see how 2020 plays out. Government has to spend the annual budget in 7 months. Could be a bonanza time.

      • Thanks Pon, yeah I saw the 9m accounts showed only wind loss compensation, then the design and insurance extras pushed Q4 into a small loss. I am thinking about buying some more at 1.8baht as the wind farm holdings are being deeply undervalued at this price.

        Regardless of how this virus pans out the PPAs are signed so the revenue is already guaranteed by the govt contract for what it’s worth,

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