AWC sets Bt55b 5-year capex for 13 projects, doubling number of rooms, signs management contract with Marriott International for 3 hotels in Pattaya and Phuket.
Comment: Yay more hotels! Now how much of these projects will come from the parent to selling to the public co?
BGRIM’s firm on Bt44b revenue this year, after booking Bt1.155b revenue from Vietnam solar farm during 5M, on target to meet 3,000MW capacity end of year and 5,000MW by 2022.
Comment: And voila all those major projects have been announced, I think there’s still potential for another huge one in Korea.
CPF guides of stronger 4Q on higher pork price, sees solid growth next year on growth strategy to boost value added synergy.
EPG upbeats outlook on downstream chem on lower costs of materials, sees healthy demand for high grade polymer packaging and heat insulation products, pays Bt0.1 dps XD Nov 28.
Comment: Margin expansion for sure, question mark on the automotive industry given 50% of their business is from there.
ERW to open 4 hotels in 4Q including 3 Hop Inn budget hotels and Mercure Ibis Sukumvit 24, lifts total to 70 hotels 9,500 rooms in portfolio at end of year.
PRIME wins 78mw Cambodia solar projects lift total to 287mw.
RATCH sees more clarity in projects to import LNG for 1,400MW Hin Kong PP by end of year.
SIRI to launch 8 horizontal projects worth Bt11b in 4Q19, confident of meeting horizontal transfer target of Bt15b this year.
Comment: I have my doubts on SIRI performing well…they’ve just turned one entire residential condo to a serviced apartment.
TSE buys 8mw solar projects in Angthong province.