AMATA AMATA targets 2018 land sales of 925 rai and announced a 5-year business plan. Its goal is to set up a “Smart Cityâ€. It has budgeted Bt10mn to develop Long Thanh industrial estate in Vietnam, which it will start to sell in 2018. It also plans to develop an industrial estate in Myanmar, with […]
Read More →I am not too surprised that the BOT has come out saying that they are taking measures to prevent the THB from strengthening versus the USD, and I have found it amusing that Dr. Somkid comes out saying that the strengthening THB is inline with regional currency movements because this simply isn’t the case. In […]
Read More →AGE AGE projects revenue proportion from overseas will rise to 30% on an increase in orders from Vietnam and China brought by rising demand for coal. It targets 2018 revenue to grow by 20-25% and currently has backlog of 300,000 tons, all of which will be booked in 1H18. (Thun Hoon, 18/1/18) LH LH targets […]
Read More →CBG CBG targets 2018 revenue to grow by at least 20% from both domestic and overseas markets. It plans to focus on the UK and China and penetrate into Europe this year, as it aims to become a global brand. It is going to negotiate with entities in France, Germany and Switzerland and expects finalization […]
Read More →BIZ BIZ signed a contract to sell cancer treatment machine, a Low Energy Medical Linear Accelerator, to Chonburi Cancer Hospital for Bt98.60 and contact period of 300 days. This raises its backlog to Bt1.36bn. (Thun Hoon, 16/1/18) Comment: If that is the case and the firm maintains it’s NPM @ 10%, then its at 10x […]
Read More →Just as I was about to put up 4 new articles I realised that this was post # 3,000. Holy $hit, that is correct, this is post # 3,000. Time flies, I started writing on this blog for fun in 2011, and perhaps a bit more seriously since September 2011. So first thank you for […]
Read More →ANAN ANAN plans to launch six projects to raise presales in 1Q18 out of the 22 projects worth Bt48bn targeted to launch this year. It expects 2018 presales to meet its goal with growth of at least 24% to Bt40.5bn. It plans to conduct a roadshow this year to expand its foreign customer base. (Thun […]
Read More →Notable Transactions Buy(s) THB 2.5 bn GLAND – A switch amongst the family members Sell(s) THB 182 mn BLAND – WOW! STOP THE PRESSES! After years and years of the owner buying, this is the first massive sale that I’ve seen BDMSÂ – The daughter is selling some shares.
Read More →And the markets keep going and going and going. Interesting fact is that the MAI is continuing its 2 year underperformance versus the SET. Here’s another one, will the steel sector begin to perform this year? Cheapest on a BV basis, infrastructure projects are going ahead. A surprise for 2018?
Read More →I saved a few of these articles over the new years break and finally had the time to digest some. Of the two, I found the transcript of the interview with the Financial Crisis Inquiry regarding the Global Financial Crisis, it was recently released by the US National Archives and its one helluva long read […]
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