BCPG sees growth momentum into 3Q on seasonal, sets Bt40b 5-year capex. ICN’s firm on 10-20% revenue growth with 10% net profit growth, supported by Bt1,962m backlog, eyes 3-4 new contracts worth Bt1b. MINT said its franchise is from Sizzler Australia, nothing to do with Sizzler USA which has filed for bankruptcy. Comment: No impact […]

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ABM target FY20 exports sales +30% yoy, thanks to strong demand for biomass fuels, target full year no less than 50k tons, new RDF fuel plant 2k tons capacity p.a. to cod in 4Q. BAFS expects full year jet fuel sales volume -60% yoy, in talk to buy 30mw solar farm to diversify risk, finalize […]

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AOT said its decision to lower minimum guarantee for King Power was above board and no shareholder approval is needed, while Finance Ministry, its major shareholder, has no objection if it is in line with SET and SEC regulation. Comment: Well at the end of the day its a 12 month delay/extension. ICN upbeats outlook […]

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BGRIM to wrap up 4-5 M&A projects both at home and abroad, keeps 10-15% revenue growth target this year. Comment: The cookie monster of the energy space in the region.  BBL reports 4M20 mobile banking transactions +28% yoy from C19, target 11m users from 8.6m by end of year. Comment: Now all of the banks […]

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BCH sees solid 1Q20 on higher SSO patients, on track to open 90 beds new hospital in Sa Kaew, firms on 10-15% revenue growth target this year. Comment: Excl. BH and BDMS I think the rest of the hospitals are going to be ok.  EPG said its unit in the US, Aeroflex USA, is operational […]

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Here’s the headlines from companies during the holiday period – no comments Stocks in the news (crd, itel, ktb, ktc, maco, meta, ocean, ptt, tasco) 24.12.18 CRD CRD expects many jobs next year, especially from private entities. Management targets revenue of Bt1.6-1.8bn next year from the expected Bt1.3bn this year. It expects backlog to reach […]

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AOT AOT waiting for decision by ACC committee about suitability and size of Terminal 2. It will then submit a report to the board in January. The board has already approved the project. Share price rose yesterday, in the opposite direction of the SET. (Kao Hoon, 21/12/18) Comment: Well lets just hope it won’t take […]

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AIT AIT reported 3Q18 earnings of Bt61.8mn, -50%YoY. It expects revenue to drop and costs to stabilize next year. Backlog is Bt2.2bn. It is bidding for new projects to raise backlog. (Kao Hoon, 8/11/18) Comment: The traditional IT sector in Thailand has been dead ever since the military came in. ATP30 ATP30 reported 3M18 earnings […]

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AOT AOT is considering to postponing the bidding for duty free originally planned for September as the construction of Suvarnabhumi phase 2 has been delayed since it must wait for an Administrative Court ruling, the Permanent Secretary of the Treasury said. (Thun Hoon, 10/9/18) Comment: Oh that’s just ridiculous! The Duty free business is worth […]

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BPP BPP gets Vietnam gov approval. BPP reports that Vietnam’s Department of Business Development has approved its 80MWz wind power plant project. The project is divided into three phases: 30MWz, 30MWz and 20MWz. The first phase of 30MWz will generate electricity in 2020. (Thun Hoon, 9/8/18) Comment: Vietnam is a country in desperate need of […]

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