Quiet Motor Expo — A number of 39,125 orders were placed at Motor Expo 2015, 26.2 per cent below the 53,000 target. The number of orders was also 7.4 per cent below the figures recorded last year. The 13-day show which was wrapped up yesterday welcomed 1.5 million visitors. (The Nation, 14/12/2015) Japan invests in […]
Read More →ANAN ANAN targets 2016 revenue of Bt14.5-15.5bn (43% growth) backed by Bt38bn backlog. It targets sales of Bt21.5-22.5bn with 32% gross margin. It is confident 2015 revenue will reach target of Bt10-11bn. It plans to launch ten projects, valued at Bt22-23bn, next year. (Thun Hoon, 18/12/15) Comment: Perhaps one of the few property companies still […]
Read More →….just as they said, just as it was telegraphed for most of the year, and so what? Currencies haven’t gone crazy, bond markets look ok, even equity mkts are up. Â It has been the biggest non-event which is perfect. So let us go outside and enjoy the “winter” weather that finally has hit BKK today. […]
Read More →AKR AKR expects 2016 revenue to reach a new high of Bt3.2bn backed by a 20MW solar farm in a government unit. It expects revenue from solar farms to comprise of 35% of total revenue from 10% this year. It plans to take part in bidding for the Bt4bn electric transformer project next year. (Thun […]
Read More →AGE AGE plans to expand to Vietnam and Cambodia where demand is high. It expects 2016 revenue to grow 10-20% from this year’s Bt4bn. It plans to expand its seaport, which is expected to increase its capacity by 30%. (Thun Hoon, 16/12/15) Comment: The coal industry isn’t going anywhere and AGE is suffering with it […]
Read More →While they haven’t explicitly stated that they will do a REIT, their announcement this morning stated “As part of its 2016 plan, Big C is also considering monetization options of part of its real estate, in particular the creation of a REIT composed mostly of its shopping centers, while continuing to fully consolidate their results. […]
Read More →BWG BWG plans to expand waste power plants by 50MW. It targets 100MW within five years. It expects 2016 revenue to be good backed by Bt100-200mn revenue from selling electricity, beginning in 3Q16. It plans to list its subsidiary. (Thun Hoon, 15/12/15) Comment: They do seem to have a lot of momentum behind over the […]
Read More →Last week was  a shortened one for the SET as there were 2 public holidays but that didn’t stop the still relatively high daily value traded @ ~THB 40 bn, and what happened? Well the market dropped to be down 14.5% for the year which is impressive (so ~-20% in USD terms) and that’s just […]
Read More →Notable Transactions As a quick comment – these past two weeks have seen more management buying across the board than I’ve seen in the past 12 months, however it still is relatively small in total value terms Buy(s) THB 347 mn BA – And he continues to buy and buy and buy NSI – It’s […]
Read More →AQUA AQUA plans to acquire a power business in Japan, expecting to invest in solar power. It expects performance to grow steadily. (Thun Hoon, 14/12/15) Comment: An advertising company, with a water-related name, investing in solar power. yeahhhhhhhhhhhhhh! BANPU BANPU plans to restructure its business with a focus on power. It expects to increase capacity […]
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