Thai banks’ NPLs increased to Bt400bn in 1Q17, up 5%YoY, led by the big banks; KTB, BBL, and SCB. This is due to the slow economic growth that affects debt payment ability of SMEs. (Bangkok Biz, 21/4/17) MRTA’s boards to cut Orange-line mass transit budget in Cultural Center and Talingchan stations by Bt1.8bn. (Thai Post, […]
Read More →ADVANC ADVANC reported 1Q17 net profit of Bt7.69bn, down slightly from 1Q16’s Bt8bn. Service revenue was Bt31.36bn, up 4% YoY, with 40.6mn subscribers. AIS Fibre expanded its customer base to 373,900 subscribers. It expects 2017 revenue growth of 4-5%. (Thun Hoon, 28/04/17) Comment: I do wonder when will this industry be overtaken by a clever […]
Read More →AGE AGE plans to expand to Vietnam where demand is high. It expects 2H17 sales to jump on the completion of the setup of a JV. It targets 2017 sales to grow 25-30% from last year’s 2.36mn tons. It expects 1H17 domestic sales to be good, with orders from major clients up 50%. (Thun Hoon, […]
Read More →ABC ABC plans to invest in a commercial website named ABCPoint. It plans to provide system development that will add value and handle 4G clients. It expects to introduce a new service solution in 4Q17. (Kao Hoon, 25/04/17) Comment: What is this company’s business model? Over the years we’ve seen solar, ecommerce, something with alibaba, […]
Read More →AAV AAV plans to expand its routes to and from U-Tapao and CLMV and India. It targets load factor of 84% in this year with market share of 30%. It expects 2017 revenue to grow not less than 16%. (Thun Hoon, 24/04/17) Comment: I can just see this airline continuing to dominate the skies in […]
Read More →Let’s see how the week starts with the Frenchies kicking out the establishment over the weekend.
Read More →Notable Transactions The Songkran break seems to have kept management buying and selling quiet Buy(s) THB 38.2 mn n/a Sell(s) THB 20.0 mn n/a
Read More →The Treasury Department increased the rental rates on commercial activities on state land to 3-5% of return on assets per year. Previously, it had no clear guidelines. It believed this policy will make renting more efficient. (IQ Biz, 14/4/17) NBTC says it will hold new 4G auction for 1800 and 850 MHZ early in 2018. […]
Read More →AP AP expects 2017 presales of Bt12.4bn. It plans to launch two condos worth Bt14bn in 2Q17 with a presales target of Bt4bn. Its backlog is Bt25.9bn, of which it expects to book Bt8.3bn this year. (Kao Hoon, 21/04/17) BCH BCH is budgeting Bt2.4bn for a 3-year investment plan. It plans to set up four […]
Read More →BDMS BDMS expects 2017 net profit of Bt9.4mn on the back of more patients. It expects its Wellness Clinic to open its doors this year, targeting the high-end segment. (Kao Hoon, 20/04/17) Comment: Random thought – which listed companies provide the medical equipment and supplies to all these hospitals? Â BEAUTY BEAUTY plans to hold […]
Read More →