ATP30 ATP30 targets 2017 revenue growth of 15% to Bt350mn. It has backlog on hand of Bt600mn and plans to book revenue of Bt300mn this year. It has budgeted Bt120mn to buy buses and vans to increase its service potential. (Kao Hoon, 28/02/17) BANPU BANPU expects 2017 earnings to be better than 2016, both revenue […]
Read More →ABC ABC expects 2017 earnings to be good and targets revenue from property business of 70% and e-business of 30%. It plans to focus on two projects, Above Sukhumvit 39 and ABC World via abcpoint and WeChat. It expects to be the leader in financial innovation. (Kao Hoon, 27/02/17) AGE AGE expects 2017 coal sales […]
Read More →Earnings season is coming to an end and its been the usual hectic period. All in all I would say it’s been a relatively disappointing period albeit a lot of analysts are saying its due to the silent period that occurred post the event in October last year.
Read More →Notable Transactions Buy(s) THB 36.5 mn TU – The owner buys more shares, I have often wondered at what point will TU be considered a consumer company versus an agricultural company Sell(s) THB 87.8 mn ABC – Hmmm, ok, I thought that the future was Absolutely Bright with Certainty! K – Most likely a block […]
Read More →Eurogroup’s Dijsselbloem rules out Greek bailout deal by Feb. 20. Greece and its international lenders are not expected to reach agreement on the country’s bailout progress before a meeting of euro zone finance ministers on Feb 20, Eurogroup President Jeroen Dijsselbloem said on Tuesday. Talks between Athens, its European Union lenders and the International Monetary […]
Read More →AKR AKR expects 2017 revenue growth of 50% to reach Bt2.5bn and expects 1Q17 earnings to be unchanged from 1Q16. It has backlog of Bt700mn, all of which it will book this year. It is waiting to bid for government projects valued at Bt2.5bn and expects to get 10-15%. It continues to sell solar panels […]
Read More →AMA AMA reported 2016 profit growth of 13% to Bt143mn. It plans to add one ship and begin shipments of palm oil to China, South Korea, Japan, Pakistan, Sri Lanka and Bangladesh. It expects 2017 revenue to continue to grow. (Kao Hoon, 2 3/02/17) AOT AOT is confident that it will not have to pay […]
Read More →BCP BCP reported 2016 profit of Bt4.7bn or growth of15%. The board approved a dividend of Bt1/share, XD on Mar 1. It is confident that 2017 EBITDA will grow 20%, supported by full capacity operations at its refinery. (Kao Hoon, 20/02/17) BIG BIG reported 2016 profit of Bt846mn, increasing 84% from 2015, setting a new […]
Read More →2S 2S targets steel sales of 180,000 tons/year with an investment budget of about 5% of total assets. It also plans to improve machine efficiency which it expects will boost 1H17 performance. It also plans to expand to CLMV on the back of high demand. (Thun Hoon, 17/02/17) ACAP ACAP posted 2016 revenue of Bt468.8mn, […]
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