BEAUTY said it is getting a lot of orders, adding to 2H18 revenue. It targets revenue growth of 20%YoY. It plans to invest Bt120mn to open new stores and upgrade its business. (Thun Hoon, 11/4/18)
GUNKUL is setting aside Bt1bn to buy back up to 300mn of its shares or less than 4.04%, inb a buyback running from April 24 – October 22. (Khao Hoon, 12/4/18)
Comment: Another company doing a share buy back! Time to list the companies that have organised share buy backs within the last 12 months from memory (note that MCS and MALEE’s are done now) you’ve had MCS, MALEE, GUNKUL, FSMART, SVI 
PACE buys back shares of Apollo Goldman Sachs for Bt10bn, giving Apollo Goldman Sachs a gain of Bt1.6bn. It will now sell the shares to King Power. The company said that Dean and Deluca will be able to turn around this year. (Thun Hoon, 11/4/18)
Comment: And so it’s sold, King Power, what a price they paid for it, most likely beating out the usual players of SIRI, S, BTS, TCC Group, CP Group.
PLAT says 1Q18 earnings grew on a 4-5% growth in rental revenue. The hospitality business is doing well, with a 95% occupancy rate. It expects greater than 5% revenue growth this year. It plans to open two new hotels worth Bt9bn and to invest Bt2bn to increase rental area by 28,000 square meters. (Thun Hoon, 11/4/18)
PTT will have shareholder meeting today to vote on a par split to Bt1. If the shareholders approve, it expects to trade at the new par in May. (Khao Hoon, 12/4/18)
Comment: This one company has been keeping the market above 1,700.
SENA said 1Q18 sales are more than Bt3bn, +270%YoY after opening four new projects. It plans to open a new condominium worth Bt1.4bn. (Khao Hoon, 12/4/18)
TOP expects inventory gains in 1Q18. It expects oil price at US$60-65/bbl. It says it is now selecting contractors for the CFP project. (Thun Hoon, 11/4/18)
WHA expects 1Q18 earnings to be around Bt789mn, +970%YoY. Its CEO reports outstanding earnings after booking the sale of assets to its REIT and land sales in EEC area. (Khao Hoon, 12/4/18)

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