ANAN ANAN plans to launch 22 projects in 2018, worth Bt48bn and targets presales and transferS to reach Bt40.5bn, growing by 76%. ( Thun Hoon, 18/12/17) Comment: Question is becoming, so now what for ANAN? Similar to what PSH has had to figure out after they achieved a certain size. CRD CRD reports it have […]
Read More →AOT AOT will start the bidding for improvement and management of commercial area. It expects 2018 passengers to grow by at least 5% and for revenue to grow by 10%. The board has already approved a 5-year retroactive land payment to the Treasury Department of no more than Bt1.4bn and a 2018 payment of Bt900mn. […]
Read More →CK CK expects backlog to increase to more than Bt100bn. It also expects to get new projects worth at least Bt40bn from joining bidding for Bt200bn in projects. It is preparing to get CKP’s hydropower plant construction project worth Bt100bn. (Thun Hoon, 19/9/17) Comment: Its now just funny money for the big 4 contractors JSP […]
Read More →AOT AOT signals 4Q17 earnings of Bt4.69bn, driven by more passengers, especially from China. It will also gain more revenue as King Power operates commercial area in Don Muang Airport’s Terminal 1. AOT expects Suvarnabhumi Airport expansion to bring more profit. (Thun Hoon, 11/9/17) Comment: As long as there are still problems in Korea, don’t […]
Read More →BEAUTY BEAUTY posted 2Q17 earnings of Bt273mn, +97%YoY. This gave 1H17 earnings growth of 76.50%, reaching Bt472.84mn. It will pay a dividend of Bt0.15 per share. XD is August 23. It plans to expand both at home and abroad. (Khao Hoon, 15/8/17) Comment: I’ve always been wrong with this company, despite my best efforts (short […]
Read More →BEM BEM believes it will win its bid to manage commercial area, beginning next year, for the Purple Line stations at Bang Yai – Tao Poon. The beginning of its operation for one additional connecting station on August 11 should boost ridership. (Kao Hoon, 7/8/2017) Comment: Basically yes, at least the government/BMA finally decided to […]
Read More →AOT Treasury Department has asked AOT to provide a figure for the amount of commercial space it has and submit this within two days. For the new rental agreement, it is proposing to charge 5% ROA for commercial area in Suvarnabhumi airport. (Khao Hoon, 14/7/17) CPALL CPALL is planning to add 212 stores and targets […]
Read More →ANAN ANAN reports strong condominium demand. The company is also looking to enter the serviced apartment business near Ratchada. This is expected to materialize in 2020. (Thun Hoon, 06/07/17) BANPU BANPU is being negatively affected by the flooding in 11 provinces in China, as well as the stronger baht. Management maintains that performance this year […]
Read More →AH AH expects 2H17 performance to benefit from auto sales recovery. It expects 2017 revenue to grow 5% YoY. The company expects to finalize on its overseas partnership within this year. (Kao Hoon, 23 /6/17) Comment: How is 5% revenue growth a recovery? Domestic automotive sales are still far below the peak in 2012 and […]
Read More →BTS BTS expects EBITDA margin for the Pink and Yellow Lines to increase to 64-69% in its final year and passenger numbers to grow 4.5-5.2% on average. (Thun Hoon, 21/6/17) CBG CBG is in talks with 3-4 retail operators in the UK to expand its business overseas. It expects to finalize the deal with 2-3 […]
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