BANPU BANPU expects 2018 revenue of US$3.5bn, +25%YoY. It expects 2H18 coal price at US$100/ton. It maintains its target sales volume at 45mn tons. (Kao Hoon, 17/8/18) BGRIM BGRIM signed a contract to purchase 80mn shares or 80% of Fujian TTP Joystock, the owner of a 257MW solar power plant in Vietnam. The purchase is […]
Read More →B B expects earnings to turn around this year and expects revenue to double after it restructured into an integrated logistics service provider. It is negotiating with foreign business partners and expects a response within six months. (Kao Hoon, 2/8/18) DELTA DEISG announced a plan to make a tender offer to acquire all of DELTA […]
Read More →AKR AKR is confident that performance in 2Q18 will turn around with continual negotiation on power supply projects with both the government and private sectors .Backlog value is Bt300mn .The company aims to join the solar rooftop project with Bt500-600mn value and expects to know the outcome by 2H18. (Thun Hoon, 4/6/18) Comment: Ridiculously low […]
Read More →EFORL EFORL shareholders approved a capital increase via private placement of 16,108mn shares to a group of investors led by Mr. Vichai Tongtang. The funds of Bt644mn will be used to expand its medical equipment business for cosmetic surgery. (Kao Hoon, 22/5/18) Comment: Well done that’s changing the story of this holding co JWD JWD […]
Read More →BSM BSM’s earnings in 1Q18 improved significantly, up 115.6% YoY, supported by strong performance of its hospital segment. The company targets revenue for 2018 at a record high of Bt800mn. It will expand to the property development business. (Thun Hoon, 17/5/18) Comment: They’ve been quiet for some time. Wondering if this is going to be […]
Read More →ADVANC ADVANC expects the strong earnings momentum to carry into 2Q18 driven by the ongoing popularity of the Internet on both mobile and fixed broadband. The firm also plans to delist CSL within July. For the whole year, the firm sticks with its revenue growth guidance of 7-8%. The investment in 4G network will be […]
Read More →If you want to know what’s been going on with the renewable stocks, its because of news such as this. Even though the government and related agencies put together a thorough Power Development Plan for the next 2 decades clearer showing that Thailand is does NOT have the power necessary to fulfill future demand, this […]
Read More →AMATA AMATA targets 2018 land sales at 925 rai, with 10% of that ready for contract signing. It currently has backlog of Bt1.9bn, of which 50% will be booked as revenue this year, raising 2018 revenue at least 10%. It is also going to book revenue from three power plants. (Thun Hoon, 06/03/18) Comment: So […]
Read More →AOT AOT says 1QFY18 (October-December 2017) passengers grew far better than its expectation of 14%, as the number of international travelers rose significantly after the removal of the ICAO’s red flag. AOT is going to adjust its estimates. (Khao Hoon, 3/1/18) Comment: Over the LT this company will still continue to perform given the continued […]
Read More →BIZ BIZ plans to sign contract for distribution of new cancer radiation treatment machine in October. It expects to increase projects in hand to Bt1.3bn and also plans to get 3-4 new projects, worth Bt400-500mn. It targets to sell at least four machines. It also says that many domestic and foreign funds have expressed interest […]
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