HMPRO HomePro bullish on sales — Home Product Center Plc, the operator of HomePro hardware stores, is confident of achieving 15% sales growth this year to Bt39.71bn despite the economic slowdown and weak purchasing power. As up to 80% of Home Pro’s customers are homeowners, they still spend on home repairs or renovations no matter […]
Read More →BWG Revenue target achievable — BWG is confident that revenues will reach its target of 30% growth this year due to the higher volume of customers, especially industrial customers, driven by increases in waste and better unit prices. Sales to PTTGC, a customer, will depend on the amount of waste generated by its oil spill. […]
Read More →CSS plans to go public for warehouse, office ventures — Communication and System Solution Plc (CSS) plans to go public in 3Q13 by allocating 200mn IPO shares to expand its warehouse and office business. The company is doing a roadshow in four provinces starting August. (Khao Hoon, 15/07/13) Comment: This could be a potentially interesting […]
Read More →This came across my desk yesterday. MSCI Thailand (MSCI Global Standard) Add : HMPRO, MINT, INTUCH, TRUE Delete : None MSCI Thailand (MSCI Global Small Cap) Add : ANAN, BMCL, EASTW, EA, GRAMMY, GUNKUL JMART, KTC, MALEE, N-PARK, OFM, OISHI, SAMTEL, SPCG, TFD, THRE, UMI, UV, VGI, WHA Delete : BLA, BTS, VNT Â
Read More →CPF CPF puts foreign projects on fast track to tap strong baht — CPF has accelerated its investment overseas with a series of new food projects to take advantage of cheap financing costs. Some projects to materialize this year include a chicken burger production unit in the UK and the launch of ready-to-eat meals production […]
Read More →HMPRO to raise cash — HMPO plains to issue debentures worth Bt4-5bn to raise funds for branch expansion. Wannee Juntamongkol, a senior vice president, said the company will spend up to Bt10bn this year, twice as much as last year, to add hardware and home improvement stores across the country. Half of the spending will […]
Read More →HMPRO 17th Expo coming — HMPRO will host its 17th Homepro Expo and invest Bt120mn in the event, while also bringing in 300 partners and offering discounts of up to 80%. The company expects sales of over Bt650 from the event. (ASTV Manager, 06/03/13) ITD ITD gets Purple Line #6 — ITD has won the […]
Read More →CPF Aiming at sales growth of 10-15% annually — CPF aims for sales to reach Bt700bn over the next five years, or to increase 10-15% per year. In 2012 sales reached Bt357.175bn, a 73% rise YoY, with net profit of Bt18.79bn, equating to Bt2.59/share. It will pay a DPS of Bt0.50 on 2H12. (Khao Hoon, […]
Read More →BCP – Bangchak aims to expand at home, overseas for stable growth — Beyond its existing businesses including refineries, petrol stations, convenience stores and supplementary businesses at its service stations, the company will focus more on alternative-energy production, especially electricity produced by solar cells, said president Vichien Usanachote. Bangchak has opened its first petrol station […]
Read More →AMATA - New strategy will slow growth — AMATA said that revenues and profits this year are expected to slow due to a new business strategy, which focuses on long-term leases on land of up to 30 years instead of selling the land. The company hopes to hold on to its assets for the long term […]
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