BEM reported August MRT ridership +5.3% mom (Blue line +9.94%, Purple line +6.8%), 1H-Sept avg daily traffic within 480k-500k while tollway traffic 1.2m-1.4m trips/d. Comment: Perhaps a late mover for the reopening? COCOCO sees rising orders from China will help it achieve 30% revenue growth target this year, new machine installed and ready for test […]
Read More →Note: There are several “strange” companies with relatively large transactions occurring below. Notable Transactions Buy(s) THB 231 mn NMG SPALI – The family buy’s shares, its probably one of the few property companies that is continuing to perform well. Sell(s) THB 1.5 bn JWD – The COM7 owner bought into JWD, he’s been on quite […]
Read More →BAM branches out from NPA auction to direct sales to capture real demand for assets, sees banks stretched term loans & restructuring debtors near terms, may add more assets in 4Q. BWG sold PP 319m shares at Bt0.51 apiece to 5 private investors, will not get subscription right of subsidiary IPO of ETC. Reminder: BWG: […]
Read More →CHEWA approached by AIMIRT to invest in its ready built factories & warehouse in Amata City IE Rayong for Bt500m, expects transaction completed within 3Q following unit holder approval. GULF sees 35% revenue growth next year to Bt50b on higher revenue recognitions, keeps 10% growth target this year, wraps up one M&A deal oversea and […]
Read More →BAY appoints former MUFG NY executive, Seiichiro Akita, to be president & CEO. BPP maintain full year EBITDA target >Bt5.91b FY18, will cod additional 71mw in 2H, 1,320mw coal fired pp & 80mw Vietnam windfarm to cod next year, in talk partner to develop 400mw solar projects in Vietnam, expects to wrap up by end […]
Read More →TET: In the past few years, SCI has expanded regionally. Please explain how this has progressed. SCI: SCI initially expanded into Lao PDR in 2006 as we saw the market demand for our products specifically transmission towers as Lao PDR aimed to become the Battery of Asia. Our strategy when approaching a new market is […]
Read More →AEONTS AEONTS’s loan growth improved YoY, backed by its strong credit card business. It expects the revived economy to enhance the ability for debt repayment, controlling NPLs to 2.35%. (Thun Hoon, 21/6/18) Comment: So all the news last year about the BOT limiting the customer types that can receive credit cards has had no impact […]
Read More →AMA AMA projects 2018 revenue to grow by 30%, backed by the expansion of its fleet to 12 ships with total capacity of 100,000 DWT . (Khao Hoon, 27/02/18) Comment: Looks like PTG has a winner with this listing. ASIAN ASIAN targets 2018 revenue of Bt11.2bn, 15% growth brought by growth in frozen food and […]
Read More →AMATA AMATA targets 2018 land sales of 925 rai and announced a 5-year business plan. Its goal is to set up a “Smart City”. It has budgeted Bt10mn to develop Long Thanh industrial estate in Vietnam, which it will start to sell in 2018. It also plans to develop an industrial estate in Myanmar, with […]
Read More →AAV AAV reported strong ticket presales for 3Q17. The company is increasing its flight routes to boost sales. It expects to add four more routes in 2H17 which will push up passenger numbers to over 19.5mn and support 16% revenue growth YoY. (Thun Hoon, 20/6/17) ADVANC ADVANC will sign 2100 MHz with TOT this year […]
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