AGE AGE expects 2014 coal sales to hit target of 4mn tons, supported by strong demand from China. It expects revenue for the year to reach Bt7bn. Next year, it expects to start booking Bt60-70mn in revenue from its biomass power plant in Sukhothai. (Kao Hoon, 03/11/14) Comment: Nothing exciting happening here anymore. AKR Solar […]
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 →This week we have a couple of things to look too, a new government which in turn should lead to decisions on the martial law, energy plan, and whatever else they may think of. The SET has done very well this year, up 20% YTD (still +9,7% over 12 months), should there continue to be […]
Read More →ADVANC ADVANC building up 3G network. It will bring total stations to 20,000 in 2014 from the current 19,000. It plans to set up 3,000 small cells nationwide in 2014 from currently 300 to support data usage. (Kao Hoon, 01/09/14) AMATA Amata well positioned to tap into AEC potential – With the formation of the […]
Read More →Notable Transactions Buy(s) THB 60 mn RS – The CEO/MD/Chairman buys another THB 20 mn in RS SAMART – The President buys a big stake at THB 25 mn Sell(s) THB 142 mn AAV – A massive sell by the CEO, I’m guessing that it must be a block trade. tha
Read More →Since its debut in 2011, three companies — EDL Generation, Banque Pour Le Commerce Exterieur Lao and Lao World — have listed on the LSX.   Mr Dethphouvang projects the number of listed companies to increase from five in 2015 to 26 by 2020. Most of the potential firms are power-generating companies. Laos currently has […]
Read More →MK Restaurant Group Plc is a multibrand restaurant group with branches throughout Thailand and elsewhere in Asia. It listed on the Stock Exchange of Thailand in August 2013 and trades under the symbol M. Chief executive Rit Thirakomen discusses the company’s strategy and outlook. Rit Thirakomen says MK Restaurant will continue to expand at home […]
Read More →Thailand Gloomy export figures for July may force revised growth target – The Commerce Ministry will likely be forced to slash its export-growth target for this year from 3.5% to 1.9% after July’s shipments continued to slide by 0.8% YoY to US$18.89bn. (The Nation, 28/08/14) Mega-projects ‘to boost growth’ – The junta’s economic czar, Air Chief […]
Read More →ABC ABC’s financial statement reported sharp decline in net profit in 2Q14 due to the slowdown in the property market. It expects the use sale of idle land to repay debt. It is assessing the electronic business and will do a road show with a partner. (ASTV Daily Manager, 29/08/14) AS AS expects improving earnings […]
Read More →BEAUTY BEAUTY expects growth in 2H14 and maintains 2014 revenue growth target of 30% YoY as purchasing power continues to improve. The company expects to add new branches overseas to increase growth. (Kao Hoon, 28/08/14) Comment: BEAUTY is definitely the fastest growing cosmetic retailer in Thailand today CCP CCP expects revenue growth of 10% in 2014, excluding […]
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