ADVANC THCOM CSL ADVANC announced the purchase of 250mn shares of CSL from DTV Service, subsidiary of THCOM for Bt7.80/share, giving THCOM cash of Bt1.95bn. It will also buy 84mn shares from SingTel for Bt655mn. (Thun Hoon, 14/9/17) Comment: At 15x PE for CSL it isn’t the cheapest price…effectively its a right pocket left pocket […]
Read More →BAY Inflow of Japanese investments in EEC benefits BAY. Krungsri bank says the many Japanese investors moving into EEC to make new investment will benefit its business and it plans to cooperate with KBANK, KTB, BBL and SCB to extend loans for big investment projects. BAY had the highest loan growth of peers in 2Q17. […]
Read More →ACAP ACAP to sign an MOU to lend more than Bt1.2bn to a company under GGC. It recently gave a Bt400mn five-year loan. ACAP targets Bt6bn in loans in 2017. It expects good growth in both 3Q17 and 4Q17. It plans to list a subsidiary. (Khao Hoon, 29/8/17) Comment: Since they’ve come under new ownership […]
Read More →BEAUTY BEAUTY believes 2017 revenue growth would be more than 20%. It plans to continue expanding business abroad and in Thailand. (Khao Hoon, 2/8/17) Comment: The growth would now be determined on their ability to expand overseas, domestically its seems to have reached “peak beauty” ha…ha…ha…. BIG BIG to go into the photo printing business. […]
Read More →ADVANC ADVANC to invest Bt2bn in customer care. Serenade customers are targeted to hit 4mn within 2017 from 3.5mn now. (Khao Hoon, 20/7/17) AH AH sold shares in its joint venture “Quantum Inventions Pte Ltd” to Continental for SGD9.25mn. This could be booked as extra gains in 3Q17. It targets 2017 revenue growth at 5%. (Thun Hoon, […]
Read More →ADVANC AIS is joining TCDC to build a new creative space in the heart of Bangkok named ‘AIS D.C.’ to be open to the public from July 13 at Emporium Mall 5th floor. (Kao Hoon, 5/7/17) BRR BRR is considering raising its revenue growth target of 30% for this year. 2Q17 is looking promising from […]
Read More →ANAN Ananda said its 2Q17 presales could reach Bt2.9bn. It is going to launch seven new projects worth Bt22.7bn. 2Q17 revenue could reach Bt7.35bn. It also plans to issue new bonds worth Bt1bn. (Khao Hoon, 8/6/17) Comment: And things are progressing as per expectations BCH BCH to benefit from Social Security’s raise in medical reimbursement. […]
Read More →AGE AGE expects 2017 revenue to grow 25-30% on the back of robust earnings for the first four months of the year. It continues to expand to China and expects exports to comprise 30% this year. (Kao Hoon, 09/05/17) AMC AMC plans to launch new products to boost 2017 revenue to growth of 10-15%. It […]
Read More →BEM BEM expects revenue growth of 10% for rail operations and 2% for expressway, on the back of a full year of revenue from the MRT Purple Line and Sri Rat outer ring. It plans to buy 35 new trains. The MRT Blue Line extension is expected to open ahead of schedule, boosting ridership above […]
Read More →AGE AGE targets 2017 revenue growth of 30-35% supported by an uptrend in coal price. It has backlog of more than 500K tons which will be delivered in early 2Q17. It has budgeted Bt500mn to engage in the services business and plans to increase the number of its ships from 8 to 22. (Thun Hoon, […]
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