Managing Director, Mr. Boon Choon Kiat discusses the company’s strategy and outlook in The Executive Talk (TET). TET: What is CHEWA’s growth strategy? We are very open to multiple avenues for growth, we will continue to organically grow our business with the expansion of residential projects for both high-rise and low-rise projects throughout Bangkok. Also, […]
Read More →AIT AIT reported 3Q18 earnings of Bt61.8mn, -50%YoY. It expects revenue to drop and costs to stabilize next year. Backlog is Bt2.2bn. It is bidding for new projects to raise backlog. (Kao Hoon, 8/11/18) Comment: The traditional IT sector in Thailand has been dead ever since the military came in. ATP30 ATP30 reported 3M18 earnings […]
Read More →ASK ASK expects 4Q18 loans to grow in line with economic expansion It expects loan growth of 10- 15% from last year’s Bt30bn. It expects NPL ratio to reduce to 2% due to loan quality improvement and strict debt collection. (Thun Hoon, 7/11/18) BBL BBL targets loan growth of 5% next year driven by government […]
Read More →AOT AOT will complete ToR for duty-free space in December 2018 – January 2019. The TOR includes renovation of Suwannabhumi, Phuket, Hatyai and Chiangmai airports. The Cabinet is preparing to launch tourism promotion measures including visa fee exemption and “Passport privilege”. Private entities are also planning to offer discount prices. (Thun Hoon, 6/11/18) Comment: This […]
Read More →ANAN ANAN expects 3Q18 earnings to be outstanding and it expect transfers to increase in 4Q18. It plans to launch three property projects with total value of Bt6.86bn this year. It expects presales of Bt10.05bn and transfers of Bt18.51bn this year. (Thun Hoon, 5/11/18) Comment: But the overhang from the BOT announcement combined with a […]
Read More →Notable Transactions Buy(s) THB 2.7 mn N/A Sell(s) THB 2.5 mn N/A
Read More →And all it took was a tweet from Trump to give the markets a little bump. I still have my eyes looking at the USD index, some minor weakness but the trend for strengthening still appears to be there. As for oil….well, brent prices did rally by some +20% since the hint of sanctions against […]
Read More →Nod for Bt631bn EEC, water projects. The cabinet yesterday approved a budget of Bt631 billion to develop five infrastructure projects on the Eastern Economic Corridor (EEC), and seven water management projects. (The Nation, 31/10/18) EEC Office assigned B100bn yearly target. The Eastern Economic Corridor (EEC) Office has been told that its key performance indicator (KPI) […]
Read More →ADVANC ADVANC reported 3Q18 earnings of Bt6.8bn, -9%YoY. 9M18 earnings were Bt22.84bn, +2.1%YoY. It revised down service revenue growth to 3.5%-4.5% from the earlier 5-7%. 9M18 revenue grew by 3.9%YoY. (Kao Hoon, 2/11/18) Comment: If ADVANC is struggling, what will happen to TRUE and DTAC? AEONTS AEONTS is hurrying to introduce a marketing campaign to […]
Read More →BEM BEM notified arbitrator that the Expressway Authority of Thailand (EXAT) already paid the premium difference between the Chalerm Mahanakorn and the Si Rat Expressway toll plus interest. There are many cases that BEM expects to win. (Thun Hoon, 1/11/18) Comment: Well EXAT did just make a bucketload from TFIFF… so was that used to […]
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