BR BR expects 2016 revenue growth OF 10-15% supported by recovery in sales in 2H16. It plans to develop a new project to increase its margin. It expects to conclude a JV in Hong Kong in 1-2 months which is a key to expanding to Indonesia. (Thun Hoon, 09/06/16) Comment: Cheap on valuations, so so […]
Read More →BANPU BANPU to have BPP invest in solar farms in China and Japan. It expects to increase capacity to increase revenue in 2017. The coal business continues to be good. It plans to acquire another mine and to invest in renewable energy to replace coal, such as water and solar. It expects to increase capacity […]
Read More →AOT The board of directors of Airports of Thailand’s (AOT) yesterday approved the master plan for the development of Chiang Mai airport. The project will be carried out in two phases. The first, set for 2016 to 2025, is aimed at boosting the airport’s passenger capacity to serve 18 million travelers a year. In the […]
Read More →Rebuilt Golden Land starting to shine Mr Thanapol, president of Golden Land, still sees demand in residential housing. Golden Land Plc (GOLD) is a leading residential and commercial real estate developer. President Thanapol Sirithanachai discusses the company’s strategy and outlook. GOLD has undergone a successful turnaround over the past few years. How this was achieved? […]
Read More →EASTW EASTW expects 2Q16 net profit to be peak because of seasonality. It expects 2016 revenue to grow 5% from 2015’s Bt4.65bn brought by continuous demand growth. It plans to list its subsidiary by 4Q16. (Thun Hoon, 19/04/16) Comment: We’ve been waiting for this UU IPO for quite a while now. GOLD GOLD is talking […]
Read More →AP AP expects 2016 revenue to reach Bt23.7bn supported by Bt13.29bn transfers and Bt3.4bn condo backlog. It plans to launch 20 new projects valued at Bt32.7bn. It expects this to lift its sales to hit its target of Bt31bn. (Khao Hoon, 12/04/16) ASEFA ASEFA expects 2016 earnings to be good. It targets 2016 revenue to […]
Read More →ABC ABC expects net profit to be back in the black this year. It expects to launch ABC Residence and ABC Pet World projects, valued at Bt7.5bn, in 3Q16. It plans to wipe out all retained losses this year. (Khao Hoon, 16/03/16) Comment: I’m beginning to be very bored of the newsflow from this company…. […]
Read More →ADVANC ADVANC asking for injunction from the Central Administrative Court to allow its customers to continue using 900MHz if JAS does not make its license fee payment. Its 2G-900 service will cut off at midnight tonight, the NBTC said. (Khao Hoon, 15/03/16) Comment: And the drama continues….we are all rather curious as to how 1q […]
Read More →ADVANC AIS asked to review plan to use Jas spectrum for its 2G customers — THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) yesterday asked Advanced Info Service (AIS)to review its plan to protect its 2G subscribers in the part related to Jas Mobile Broadband (JASMBB),citing that the existing plan could not be allowed. (The Nation, […]
Read More →ADVANC ADVANC has budgeted Bt7bn to expand to fixed broadband and plans to be a big player within 3-5 years. It expects 2016 revenue to be close to 2015’s Bt156bn with EBITDA growth of 37- 38%. It guarantees a dividend of 100% of net profit. (Thun Hoon, 08/03/16) Comment: 1) I think the news meant […]
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