CPF sees the highest net profit in 10 year this year. after recording Bt19.6b in 9M20, while expecting to book Bt2b gain from acquisition of swine business in China.
Comment: One and done.
CRC expects to return to pre-covid next year, while acquisition of COL will boost overall revenue up 4-5%, sets Bt10b capex for branch expansion, land acquisition and system upgrades.
Comment: Perhaps on a profit basis. It’s a roll up of power, all their small comps are gone.
MCS eyes record high revenue target above Bt5b next year supported by 170kt steel module backlog pending transfer to complex of 3 skyscrapers in Japan, Toranomon Azabudai Roppongi hills, thru FY22, no capex plan for next year as 105ktpa capacity from Thailand, Xiamen & JPN plants sufficient for future projects, expects to get 4-5 contracts next year total 80kt.
Comment: Just look at their A/R and inventory to figure out revenue/profits. Straightfwd.
NRF sees record quarter in 4Q20, on higher revenue recognition of Cityfood, boosting FY20 to Bt145m, +180% yoy, Tabloid.
Comment: Using the IPO proceeds as per what they guided.
PTTEP sets Bt734.84b 5 years capex plan till end of FY25 to boost production capacity from existing projects and explorations, target 6% CAGR petroleum sales over next 5 years.
SABUY upbeats outlook from healthy demand for food court mgt solutions, sees growth from fast growing cashless society.
TOA will add 50 branches of “Mega Paint Warehouse” over next 3 years, rolls out full scale home improvement service platform “WHO Service”, sees paints production costs drop from strong THB
Comment: And low oil prices help their margins. The question is how is their international expansion coming along.
TMB: Bank of Nova Scotia cuts holding by 0.1037% to 4.903% of total outstanding on Tuesday (Dec1), SEC filing.
WP sets Bt450m budget to branch out from LPG sales to gas cylinder refurbishing & production business, allots Bt50m to expand food business to diversify risk.
Comment: I don’t think the new food business is going to give the payback that they are hoping in the short-term, if they are willing to take a long term viewpoint on it, then perhaps.