FSMART FSMART expects revenue in 2Q15 will be robust, supported by the addition of top-up machines to bring its total to 50,000. It will also book revenue from selling advertising. It is confident that total revenue in 2015 will grow 40% from Bt1.16mn in 2014. (Kao Hoon, 2/6/15) Comment: Still an amazing cash flow generating […]
Read More →AAV AAV reported 1Q15 earnings at Bt506mn on Bt7.7bn revenue backed by tourism recovery. The rise in fares resulted in a better performance. (Khao Hoon, 15/05/15) Comment: The biggest winner in the aviation industry in Thailand ANAN ANAN will focus on condominiums located near the BTS in order to emphasize its positioning, the leading developer […]
Read More →ANAN ANAN expects real estate revenue to reach Bt10.5bn this year backed by large backlog of Bt35bn. It will launch 12 projects worth Bt31.5bn. Its presales were impressive at Bt7.5bn in 1Q15. (Kao Hoon, 27/3/15) Comment: Again the question for ANAN is how much can operating margins improve. Should they match industry average then the […]
Read More →ABC ABC set revenue target for 2015 at Bt800mn, focusing on five new concerts. The company plans to add more alliances with 3-4 credit card issuers, which it expects to conclude by mid-2015. The major shareholder intends to reduce his holding from 76% to not less than 50%. (Khao Hoon, 18/02/15) Comment: Not a bad […]
Read More →AOT Waiting for cabinet approval — AOT is waiting for cabinet approval of the backup runway project with Multi-Function Terminal with an investment budget of Bt48bn. The PM has confirmed that the government wants AOT to set up an infrastructure fund to help finance its projects. The company’s board meeting will be held on January […]
Read More →ABC ABC preparing to negotiate with a partner in Japan. Management also reports that 2-3 local institutional investors want to buy shares due to its interesting fundamentals. The company has set a revenue target of Bt800-900mn in 2015 as its E-commerce business will launch point redemption with budget of Bt50mn to support company’s growth. It […]
Read More →BTC BTC expects to be in the black in 2014 although it faced net loss of Bt35.53mn in 9M14 and a loss in 2013 of Bt235.64mn due to lower spending. The company plans to improve its profitability to bring performance back to profit and is ready to form a partnership. (Thun Hoon, 17/12/14) CPF To […]
Read More →BCP Bangchak eyes non-oil sales, renewables – Bangchak Petroleum Plc (BCP), a majority state-owned oil refiner and retailer, has earmarked Bt10bn to develop its refineries and expand into non-oil business next year. President Vichien Usanachote said apart from refinery upgrades, Bangchak had looked at non-oil business as a means to rely less on oil revenue, […]
Read More →BEAUTY BEAUTY expects 2015 revenue and net profit growth of 20% YoY as it will invest Bt150mn in a warehouse and employee development and Bt150-180mn in new branches. (Kao Hoon, 27/11/14) Comment: The only consumer name in Thailand that has had positive SSSG, a growth machine, a cash machine its positively surprised me, shows how […]
Read More →ADVANC ADVANC says delay in 4G will not impact performance as it has 15MHz on the 2.1GHz spectrum to support 50mn clients. The company expects 2H14 revenue growth of 2-4% YoY after economic recovery and also entry into the fixed-line broadband business. (Kao Hoon, 18/08/14) Comment: And it has a near 7% dividend yield at […]
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