ARIP branches out from event organizer & media publication to digital services, aiming to capture demand for turnkey digital platform for corporate, target 10-15% revenue growth this year.
BCP target FY19 EBITA growth >30% driven by higher cracking capacity at 115k bblpd +12% yoy thanks to absence of maintenance shutdown, sets Bt14b capex for ethanol & biodiesel capacity upgrade & add 70 stations from current 1,175 outlets, will start realize revenue from OKEA prod in Norway 20k bblpd this year.
BDMS’s expected to book Bt6.1b gain from selling RAM in 1Q, on top of Bt3b operating profit, Tabloid.
Comment: And a THB 1.5 bn tax bill
CCP expects positive momentum continue FY19 from strong demand for ready-mixed concrete, drainage pipe and road surface tiling block on infra expansion, eyes Bt2.5b full year revenue target.
Comment: The construction material players haven’t had the numbers I thought they would in 2018 and 2019.
CHOW’s board approves divestment of 5.86mw Japan solar worth Bt545m, transaction to complete in March.
CPN to sell Bt6b worth of assets into CPNREIT, to finalize plan 2Q, sets Bt19b budgets to revamp malls and more branches, will sell CD Bt3-5b to refinery to lower interest expense, target 12-13% revenue growth this year.
Comment: Expect a lot of asset expansion in the coming years as a result of this.
EPCO reaffirms record high profit this year +50% yoy >Bt1.7b supported by cod of 131mw pp (109.76mw VN solar in Jun, 21mw JPN solar from July) lifts total to 555mw by end of year from 424mw end of year-FY18.
GL’s firm on Bt460m profit this year, on oversea expansion, caps NPL at 5% from 6% last year.
Comment: And what about that debt?
GULF have CODed 135.2MW GNPM powerplants, with 2 more are under constructions to COD during May-July.
MTC denies taking over of SGF rumors.
PLANB sees big jump this year from contribution of Spore outdoor ad & digital media operator, FALCON, content management and additional capacity from digital screen from MRT Blue line extension debut later this year.
SAPPE upbeats FY19 earnings from successful introduction of healthy snack, Sappe beauty jelly, and ZEA Max fish snacks, will focus on exports marketing and launch new products under JV Danone Sappe Bev this year.
Comment: But these players aren’t doing as well as when initially launched. Too much competition in the market perhaps?
SPALI to wrap up talk with potential Australian partner by end of year, to boost oversea revenue, firms on Bt28b revenue target this year, to start pre-sales of Bt20b mixed-use “Supali Icon Sathorn” late April.
ZEN sets Bt230m budget to add 36 branches, revamp existing outlets, improved IT, supply chains and expand food delivery services, target 15-20% revenue growth this year.
Comment: An Interview coming up with them shortly, expect for it to be published in a month.