AP preparing to launch 19 new projects worth Bt23.7bn. It targets 2014 revenue of Bt21bn. It will launch SOUL worth Bt920mn focusing on high-end area in Ratchada. (Khao Hoon, 17/2/14)

Comment: Old news, however it is funny to see the property sector actually being one of the best sector performers this year


DTAC to will pay dividends again in 1Q14 with depreciation expenses expecting to decrease, thereby helping its performance this year. Its 4G service will also start in 2Q14. The company says it is undertaking a study on leasing telecommunication towers from TRUEIF. (Khao Hoon, 17/02/14)

DTAC will double 3G capacity — DTAC plans to double the capacity of its 3G networks with an investment budget of Bt13bn this year. It expects revenue to hit a record high of Bt100bn in 2014, helped by expected extraordinary growth of 3G migration and the proliferation of smartphones. (Bangkok Post, 14/02/14)

Comment: Is Telenor just making DTAC divvy everything out? The TRUEIF leasing would be a massive positive for TRUEIF, its the only issue that we have with those towers under the fund. 


HEMRAJ targets land sale of 1600 rai, though the political situation has pressured foreign investors’ confidence. It continues to expand its industrial park to support new clients. It will invest Bt6bn to set up eight SPP power plants in 2014. (Tun Hoon, 17/2/14)


At Jay Mart, a sales slump — Jay Mart is feeling the pinch from the ongoing political impasse, with sales of handsets slumping sharply last month amid sluggist consumer spending. Jay Mart’s handset sales fell 20% in January from December, in what CEO Adisak Sukhumwittaya called a big fall-off in sales and demand. (Bangkok Post, 17/02/14)

Comment: Definite impact ST for JMART, same would go for SIM


LPN will pay dividend of Bt0.58 per share for operations in 2H13, XD on Feb 27 and payment on April 4. Its 2013 net profit and revenue were Bt2.3mn and Bt14.3mn with current backlog of Bt21bn. (Khao Hoon, 17/2/14)

Comment: A 3.5% yield for 2H performance? That’s not too bad!


THCOM report net profit of Bt1.128bn, a 548% increase YoY, supported by its satellite business that brought in 88% of the total revenues. The company will pay a dividend of Bt0.45/baht; XD will be on April 1, 2014 with AGM meeting scheduled on March 27, 2014. (Khao Hoon, 17/02/14)

Comment: Higher utilisation of its satellites have driven this company


UAC will invest in biomass power projects using Napier grass mix worth Bt150mn. It expects the investment to bring in Bt50-60mn per year. It expects commercial operations in second half this year, after signing an agreement with the Ministry of Energy in March. (Khao Hoon, 17/02/14)

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.