ANAN ANAN expects 3Q18 earnings to be outstanding and it expect transfers to increase in 4Q18. It plans to launch three property projects with total value of Bt6.86bn this year. It expects presales of Bt10.05bn and transfers of Bt18.51bn this year. (Thun Hoon, 5/11/18) Comment: But the overhang from the BOT announcement combined with a […]
Read More →ANAN Luxury condo presales at 70%. ANAN says Ashton Silom, its luxury condominium, has reached presales of 70% of a total value of Bt6.03bn. The target customers of this condominium are both Thais and foreigners enjoying an urban lifestyle. (Thun Hoon, 25/10/18) Comment: And apparently this is part of their strategy, keep the remaining 30% […]
Read More →ANAN ANAN will launch “Ideo Mobi Sukhumvit Eastpoint” condominium which is located at Bangna near the BTS Bangna station, so this condominium will attract buyers who need convenient transportation. (Thun Hoon, 19/10/18) Comment: As are the majority of their projects. ASIAN ASIAN says there are a lot of new orders and increasing customers. It targets […]
Read More →ANAN ANAN plans to launch three property projects worth Bt6.8bn in 4Q18 and boost its presales to reach its target of Bt35bn this year. It believes demand for condominiums adjacent BTS and MRT lines is still growing. (Kao Hoon, 11/10/18) Comment: For property the story is quite simple…a good location at a decent price typically […]
Read More →ANAN ANAN says the new BoT mortgage loan rules does not impact its business because its condos are priced below Bt10mn and it targets mid-income customers who are able to pay a high down payment. It also says all hybrid bonds are sold and met target proceeds of Bt2bn. (Thun Hoon, 8/10/18) Comment: The one […]
Read More →ANAN ANAN is confident that revenue will grow by 152%YoY to Bt38bn. Current backlog is Bt54.6bn and Bt23.8bn of this will be booked as revenue this year. It expects 2H18 revenue to grow HoH. (Kao Hoon, 24/9/18) Comment: Part of their plan, and not a surprise given the delay of Ashton Asoke last year. BEM […]
Read More →AGE AGE expects high season in 4Q18. It has 500-666k tons of coal prepared to send to customers. It expects sales volume to reach 3mn tons after it sold 1.8mn tons in 1H18. (Thun Hoon, 13/9/18) Comment: Well..ok but I don’t see much happening here regardless, and the #’s aren’t showing much either. AMATA AMATA […]
Read More →ANAN ANAN launched IDEO Ratchada-Sutthisan condominium worth Bt1.6bn, boosting sales in 3Q18. Unit price starts at Bt2.49mn. It has contracted CIMBT to issue subordinated debentures at a rate of 8.5% for the first five years. It plans to sell the debentures to local institutions and HNWIs on Sep 20-25. (Thun Hoon, 12/9/18) Comment: Everything is […]
Read More →AMATA AMATA announced dividend of Bt0.23 per share after reporting 1H18 earnings of Bt601mn. Current backlog is Bt1.5bn. It expects 2H18 transfers to accelerate mainly from EEC. (Thun Hoon, 16/8/18) Comment: EEC transfer are not going to be seen until the government actually puts pen to paper the laws and benefits ANAN ANAN says transfers […]
Read More →AMA AMA expects 2018 performance to be in positive territory. It plans to raise its freight rates by 5% and benefits from THB depreciation. It targets revenue growth of 30%. In the liquid truck transportation business, it is preparing to add 30 service trucks in 4Q18 (Thun Hoon, 13/7/18) Comment: This company seems to be […]
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