AIT AIT targets 2017 revenue of Bt5bn. Its backlog is Bt3.4bn and it expects to recognize Bt3bn this year. It plans to take part in upcoming bids. (Kao Hoon, 17/03/17) Comment: Since it raised capital 3-4 years ago the company hasn’t had the ability to perform yet.  AMA AMA expects 2017 revenue growth of […]
Read More →AOT AOT expects no impact from the land rental issue with the Treasury Department of the rental payment of Bt1bn/year for Suvarnabhumi and Bt1.2bn/year for the other five airports. It expects to pay the rent by March using retained earnings. (Kao Hoon, 16/03/17) Comment: I was wondering how BAFS would perform with the new airport […]
Read More →AKR AKR expects performance to be good on the back of a Bt400mn EGAT project and Bt157mn MEA project. It plans to take part in upcoming bids and government unit solar farm phase 2. It plans distribute solar cells for warehouses with a value of Bt2bn. It expects 2017 revenue to grow 50%. (Thun Hoon, […]
Read More →AGE AGE targets 2017 revenue to grow 30% on the back of higher coal price. It targets exports to comprise 30%, which will back strong growth. (Kao H oon, 14/03/17) BIG BIG expects 1Q17 earnings to be better than 1Q16. It targets 2017 revenue to grow 10-20%. It is budgeting Bt50-60mn to open 10 branches […]
Read More →AJ AJ reported substantial growth in 2016. It expects 2017 performance to be robust from expanding to Europe, stimulus measures, exports, and better purchasing power. It expects this to increase orders for BOPP, BOPET, and BOPA, which are used for packaging. It plans to introduce new products with higher margin. It also plans to do […]
Read More →It’s been all over the news for the past week or so with the local stock newspapers highlighting potential issues with their accounts as per the auditors notes to the FY16 audit report. I used to call this company a darling back in 2011-2012 and again in 2013-2014 where we did very well as shareholders esp with […]
Read More →The finance sector has been hit hard by the decline in GL which led to subsequent declines in MTLS and SAWAD as well. But the story now is around oil again, we chart out the demand/supply internally and regardless of what the news continues to say we have been seeing supply continually increasing in the […]
Read More →Notable Transactions Buy(s) THB 297 mn SIRI – All the big boys at the company are buying shares, for the dividend or are their numbers going to look positive? Their 4Q #’s did positively surprise several analysts TU – He continues to buy the shares, and I still wonder when will TU be looked at […]
Read More →Five important project auctions in EEC within 8 months. These will use PPP fast-track under Art.44, said Kanit Sangsuphan, head of the Finance Ministry’s working group to enhance private investment. (Thai Rath, 6/3/17) Top private sector group predicts 3.5-4% GDP growth. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has kept its key […]
Read More →ARROW ARROW is studying setting up a plant in Myanmar. It has budgeted Bt30mn to buy machines and improve its products. It expects 1Q17 performance to be good after substantial sales growth in the first two months of the year. (Thun Hoon, 10/03/17) AU AU approved cash and stock dividend. Its 2016 net profit was […]
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