AMA AMA is going to buy two ships for Bt800mn to raise its capacity to 100,000 dwt from the current 80,000 dwt. It expects revenue will grow by 30% and plans to hedge Thai baht currency risk. (Thun Hoon, 9/11/17) Comment: Only trading at 50x PE, why not. CPN CPN reports 3Q17 net profit of […]
Read More →COL COL expects a strong performance in 2H17 after it sold its online business to Central Group, which will boost its earnings 66%YoY. 2Q17 earnings increased by 23%YoY on rising orders. The growth will come from the e-book business as well. (Thun Hoon, 10/8/17) Comment: Does this just go to show that the online business […]
Read More →A A expects 1Q17 sales to reach Bt2bn, with total sales of Bt9bn in 2017, bringing revenue of at least Bt6bn. It plans to launch eight new projects with a total value of Bt7.4bn. It has budgeted Bt1bn to buy land to develop new projects. (Thun Hoon, 22/02/17) Comment: The company seems to be continually […]
Read More →ASN ASN targets telesales staff of in 2017 from 250 this year. It will submit its 3Q16 performance for board approval this week. It expects sales to grow from online insurance. It expects total insurance premiums to grow 20-25%. (Thun Hoon, 08/11/16) Comment: As a pure broker of insurance they’ll earn ~10% of what they […]
Read More →AGE AGE expects 2H16 earnings to grow thanks to a strong rise in coal price. It expects coal sales volume of 2.2mn tons in 2016. (Kao Hoon, 21/10/16) BBL BBL reported 3Q16 net profit of Bt8.06bn, growth of 12%, with 9M16 net profit of Bt23.55bn, down 11% YoY. (Post Today, 21/10/16) BIG BIG signed a […]
Read More →ABC ABC has signed an MoU to rent a commercial building. It plans to use this area as an integrated services animal hospital. It plans to launch a Bt2.5bn condo on Sukhumvit 39. (Khao Hoon, 19/01/16) Comment: Whenever I’m reading news about this company my head begins to cock to the side like a dog […]
Read More →AEC AEC targets 2015 market share of 4% from 2014’s 2% aided by customer base expansion. It is confident 2015 performance will show a net profit despite the loss in 1Q15 as the capital market recovered. It has seven investment banking deals that will raise revenue. (Thun Hoon, 28/05/15) Comment: It is a tough environment […]
Read More →BTS Confirmed for O&M on South Green Line — Minister of Transportation Prachin has confirmed that BTS will obtain the O&M contract for South Green Line worth Bt9.1bn. BTS management met the minister to discuss the project and expects the Mass Rapid Transit Authority of Thailand to conclude the details in January 2015. (Kao Hoon, […]
Read More →CBG CBG sets IPO price range of Bt26-28/share and subscription period during 12-14 November. The company will list on the SET on 21 November and expects to use the funds from the IPO to repay debt and expand, focusing on CLMV markets. (Kao Hoon, 10/11/14) ESSO ESSO plans to invest Bt2.2bn to increase refinery and […]
Read More →AP AP reports presales of Bt21bn as purchasing power has recovered to support demand for property in downtown and near train mass transit. The company is preparing to launch Banklangmueng in Sukhumvit 77 and Rhythm “The Slow Collection” totaling Bt6.35bn. (Thun Hoon, 06/11/14) BEAUTY BEAUTY says 4Q14 will be good on seasonality. It expects revenue […]
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