BGRIMM BGRIM signed an agreement to buy shares in an industrial waste power plant with capacity of 4.8MW, which it expects to COD by December 31, 2019. It will add capacity of 73.8MW in 1Q18 and expects capacity will increase by at least 450MW in 2018. It believes total capacity will be at least 5,000MW […]
Read More →PTG Energy PCL (SET:PTG) President and Chief Executive Officer, Mr. Pitak Ratchakitprakarn discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: How many stations does PTG have today and how has the business been performing? Today, we have 1,609 stations and are continuing to expand at a rate of 300 […]
Read More →BCP BCP projects 2018 gross refining margin will be close to 2017’s at US$6-7/bbl and average production volume of 111,000 bbl/day. It believes demand will still be high and plans to list BBGI in the stock market in 4Q18. (Thun Hoon, 23/11/17) Comment: They don’t really talk much about the failed investment in the oil […]
Read More →AAV AAV’s 3Q17 earnings dropped by 34% to Bt260.9mn on an increase in energy cost and a reduction in average fare by 7% in order to compete. It declared a dividend of Bt0.15/share. (Khao Hoon, 13/11/17) Comment: Looks like a lot of the airlines in Thailand will have weak 3Q17 #’s because of the sudden […]
Read More →DTAC DTAC reports 3Q17 net profit of Bt601mn, decreasing 8.8% with 9M17 net profit of Bt1.5782bn decreasing by 23.50%. However, it reports strong EBITDA margin of 41% as a result of adapting a digital platform to its main business. (Khao Hoon, 19/10/17) Comment: EBITDA seems to be the way people are valuing DTAC, hence the […]
Read More →BR BR plans to expand overseas in order to increase selling channels and improve revenue structure. It also plans to list its subsidiary in the Hong Kong stock market. (Thun Hoon, 22/9/17) CITY CITY’s 4Q17 revenue looks to be strong due to an increase in steel price. It targets 2017 revenue to reach Bt525mn. It […]
Read More →AMATA AMATA maintains 2017 land sales target at 1000 rai as it has negotiations ongoing with many foreign investors, despite selling only 170-180 rai in 1H17. (Thun Hoon, 31/8/17) AMATAV AMATAV signals 3Q17 earnings to this year’s record with many customers ready to book area in Amata City. It plans to increase land prices by […]
Read More →AOT AOT to hire PLE to build a building for Bt14.2bn. It also approved King Power to manage commercial areas in Don Muang airport for 10 years. It plans to open up more projects for bidding. It targets 2017 passenger growth of 7-8%. (Khao Hoon, 24/8/17) Comment: PLE? How on earth they did win this? […]
Read More →The change in the petrol retail industry in Thailand was first started by PTT Group when they constructed the first half decent stations with retail outlets, coffee shops, f&B etc, over a decade ago. Following on from this the other players, i.e. Shell, Esso, Bangchak did try to follow suit but never really took off […]
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 →