The Ministry of Commerce said 6,728 companies registered in March, -1%YoY. In 1Q18, total new companies are above 20,000, +7%. This is expected to be better due to economic recovery. TOR of Bongkoyt-Erawan gas auction to be sent to the EPPO for approval. It will add special points if more than 80% of employees are […]
Read More →AP AP plans to launch new 3three projects worth Bt3.1bn. It expects mid-to-high end property market will be strong. (Khao Hoon, 27/4/18) BAY BAY said it has no M&A plan. Fee war is expected to affect its own NII around 2-3%, but it says it has other ways to make this up. (Thun Hoon, 27/4/18) […]
Read More →PTT PTT’s board approved buying TOR documents for the high-speed rail lines connecting three airports, saying this offers future potential growth. It has not decided whether or not it will do a JV. (Khao Hoon, 26/4/18) Comment: Will be the ex-PTT ministers in the government push things PTT’s way? SUPER SUPER shareholders approve Bt36bn bond […]
Read More →CPN CPN to invest Bt5bn to launch Central Village, expected to open in 3Q19. It will book revenue from new department stores. In 2H18, it will open two new stores. (Khao Hoon, 25/4/18) Comment: Management has publicly come out to say that this is to target tourists in Thailand, although they put the % at […]
Read More →BM BM is preparing for government infrastructure auctions worth billions of baht. It plans to revise up revenue growth to over 20%, driven by many orders. It has backlog of Bt300-400mn. (Khao Hoon, 24/4/18) DNA DNA to cooperate with a big bitcoin mine in China to manage efficiency there with revenue sharing from “digging†coins […]
Read More →BIZ BIZ to join auctions of government and private organizations, aiming to get projects worth Bt200-300 in portfolio. The current backlog is Bt1.46bn. It aims to hit sales growth of 10% this year. Recently, shareholders approved paying dividend of Bt0.08/share. ( Thun Hoon, 23/4/18) CK CK is planning to join three auctions valued at Bt4.3bn. […]
Read More →Its rather obvious to to see that unless you’re in energy names you are lagging the market.
Read More →Notable Transactions Buy(s) THB 288 mn RS – And he still continues to buy, this time to the tune of THB 250 mn, what am I missing here? Any ideas out there? BTS – And a continued buying spree by the founder Sell(s) THB 2.8 mn N/A
Read More →Ministry of Finance told World Bank that the new Public Procurement Act is not a barrier to government investment, claiming that the international standards in the Act can save around Bt30bn for the country. (Matichon, 18/4/18) Thailand approves tax incentive plan to encourage bank mergers. Thailand’s Cabinet approved a plan on Tuesday to offer tax […]
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 […]
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