CBG CBG closed at Bt32.50/share, above its IPO price of Bt28/share. The company plans to lead the energy drink market within five years and expects revenue of Bt10bn in 2017. (Kao Hoon, 24/11/14) Comment: We still think its going to trade in a similar manner to ICHI for the next few months CHO CHO reports […]
Read More →AP AP readies wave of new developments – SET-listed developer AP (Thailand) Plc, feeling more upbeat about the country’s economic recovery and the government’s economic stimulus policies, plans to launch at least 17 new projects worth a combined Bt23bn in 2015. (Bangkok Post, 24/10/14) BANPU Banpu targets boost in coal sales – Banpu Plc plans […]
Read More →BBL BBL wins Myanmar licence – Bangkok Bank (BBL), Thailand’s largest lender by assets, is the only Thai bank among the first nine foreign ones to win a limited banking licence in Myanmar. The approval is preliminary for 12 months, during which time the winning banks must comply with Central Bank of Myanmar requirements before […]
Read More →AJD AJD gets Bt300mn from issuing warrants. The company is studying setting up a subsidiary with a Chinese partner to develop a solar farm. It expects sharp net profit growth in 4Q14 as its set-top box market share is at 50%. It said the issue of 11mn set-top box coupons will push its set top […]
Read More →ANAN ANAN expects 3Q14 earnings to be in the black from 3Q13 net loss of Bt96mn on booking revenue from a condo. The company is launching a new project worth Bt14.5bn, pushing backlog up from Bt17.5bn and generating revenue until 2016. It expects to reach its revenue target of Bt9bn as there is overwhelming demand. (Thun […]
Read More →BJCHI BJCHI waiting for bid results for work in Brazil and Australia worth Bt5.5bn. It is confident that it will receive the new work and that revenue this year will hit Bt4.5bn, supported by backlog of Bt4.4bn with Bt3.8bn to be booked this year. It said it will post Bt1.3bn in revenue in 3Q14. (Kao […]
Read More →ADVANC Newly installed AIS chief vows 4G fight – Speeding up acquisition of spectrum bandwidth is the biggest challenge facing the new boss of Advanced Info Service (AIS) as the company battles to maintain its status as the country’s biggest mobile operator. (Bangkok Post, 04/07/14) AQUA AQUA says profit grew in 2Q14. It said that […]
Read More →AJD AJD maintains triple revenue growth in 2014. It is confident it will be in the black in 2Q14 with higher revenue supported by seasonality. It will book revenue from set top box sales in 3Q14 and is aiming to do a joint venture with a Chinese company to access the game market this quarter. […]
Read More →DTAC DTAC revenue rises on smartphone binge – Total Access Communication, the operator of DTAC, reported a slight increase in its first-quarter revenue, defying the country’s sluggish economy and increased market competition. Service revenue excluding interconnection charges rose by 0.3% in the first quarter of this year, fuelled mainly by the 48.4% increase of mobile […]
Read More →CIMBT CIMBT focuses on investment – First-quarter retail deposit growth at CIMB Thai Bank (CIMBT) was flat year-on-year, reinforcing signs of a tepid economy and a drying up of individual liquidity. Given the lower deposit growth target, CIMBT has focused on investment products including debentures, derivatives and fixed-income and equity funds. It plans to mobilize […]
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