ERW cuts revenue growth target to 7-10% on weak 1Q, but sees strong recovery in 2H, sets Bt3.3b capex for 9 new hotels.
Comment: Every hotel related company seems to have had a very 1Q
GOLD plans 17 new projects worth Bt22.5b in 2H19, target Bt17b revenue from Bt31.7b presales this year.
Comment: They argue that there is real demand in their sector of the property market which is SDH’s
MegaBangna, operated by SF, yesterday launched a Bt100m strategy for the digital transformation of the shopping centre.
PTT sees stronger 2Q from rising oil price, still have over 200 subsidiaries after closing down some 20 of them.
ORI target higher transfers 2Q, on Bt34b backlog with Bt9b ready to sell, target 3 new condo projects in 2Q worth Bt5.4b.
Comment: The former darling of the sector has perhaps the most challenging outlook for all the players with the number of projects coming up in locations that aren’t exactly the best in town
TASCO sees >400K tons asphalt sales in 2Q, meeting 1.8m tons FY19 target, expects to get Malaysian fire insurance claim by end of-May.
THAI posts steep loss in first-quarter operations : Thai Airways International Plc (THAI) swung to a steep operating loss of Bt828 million in the first three months of 2019, mainly due to the baht’s appreciation, fierce competition and the US-China trade war. The Nation’
Comment: Or just rubbish management