AGE AGE reported that 1H18 coal sales volume broke its target of 1.8mn tons. It expects 2018 sales volume of 3mn tons supported by Chinese imports, which were the highest in 54 months. It has already exported 200k tons coal to China. 2Q18 earnings were Bt46.5mn, +39.25%YoY. (Thun Hoon, 9/8/18) MGT MGT is negotiating for […]
Read More →DCC, ZIGA ZIGA partners with DCC to sell its product in DCC stores, supporting ZIGA’s revenue growth target of no less than 15% this year. DCC expects 2018 revenue growth of 10% after its sales recover and a bump up of 5-5% in product prices. (Kao Hoon, 6/8/18) Comment: DCC…one could say its cheap, one […]
Read More →BCPG BCPG to start commercial operations of the first two solar projects with the Veterans Administration and sell electricity to the grid in July. (Thun Hoon, 23/7/18) HUMAN HUMAN expects 3Q18 revenue to grow, supported by Sigma accounting and tax service revenue, booking from July 1. In 2H18, it plans to launch a new product. […]
Read More →JWD JWD invested Bt315.73mn: Bt146.57mn to buy 40% of Bok Seng shares and Bt169.16mn to take a capital increase by PPSEZ, which operates a logistics business in Cambodia worth. (Kao Hoon, 12/6/18) Comment: Curious as to how this fits in within the group’s overall plan or if these are just opportunistic acquisitions KTIS KTIS expects […]
Read More →ABM ABM said 2Q18 earnings are expected to be strong, driven by a lot of orders. It expects sales in the quarter to surge 30%, reaching Bt22bn/month from 1.4-1.5 Million tons/month. (Khao Hoon, 20/4/18) BIZ BIZ’s shareholders approve dividend of Bt0.08/share. The payment date is May 9. It has current backlog of Bt1.46bn, with recognition […]
Read More →CBG CBG targets 2018 sales to grow by 30% as it sees high growth opportunities in overseas markets, especially China. It targets sales in China of 300mn cans and sales in the UK of at least 40mn cans. It has budgeted Bt2.5bn for investment in can production machines. (Thun Hoon, 27/03/18) Comment: To us it’s […]
Read More →GPSC GPSC expects 2018 earnings to make new high brought by full-year operation of IRPC-CP Phase 2 and BIC 2 power plant. It is going to propose a plan to expand its production capacity by 1,000 MW to the board in order to support investment in EEC; it expects this plan to finalize in 2018. […]
Read More →ADVANC ADVANC announced a dividend on 2H17 of Bt3.57/share, XD on 5 April, giving a total 2017 dividend of Bt7.08/share, a yield of approximately 4%. It reported 2017 earnings of Bt30.077bn, falling 1.9% from 2016. (Khao Hoon, 06/02/18) Comment: How did the eke out decent #’s? Cost cutting. How can they grow? Questionable…although apparently broadband […]
Read More →AGE AGE targets 2018 coal sales growth of 20-25% and plans to penetrate Chinese and Vietnamese markets next year. It expects revenue proportion from overseas will increase to 30%. It says the establishment of a joint venture company with a Chinese partner will be completed within 1Q17 and targets sales in China to reach 300,000 […]
Read More →BANPU BANPU has budgeted Bt3.5bn to invest in Marcellus natural gas, with production capacity of 52mn cubic feet per day. It currently has six natural gas sources with total capacity of 201mn cubic feet per day. (Thun Hoon, 13/12/17) EGCO EGCO says it has successfully obtained loans to develop and construct Nam Theun 1 power […]
Read More →