ARROW ARROW expects earnings to grow supported by its pipeline business and system construction job, where it has a market share of more than 60%. It expects to get an underground cable job from the government worth more than Bt140bn. (Thun Hoon, 18/10/16) Comment: Thun Hoon must’ve mistyped a few zeroes here. Â AUCT AUCT […]
Read More →AMATA AMATA expects to sell 1,000 rai this year even though it has sold only 300 rai so far. It is negotiating with a Chinese investor and expects to finish the deal in 4Q16. It expects the plan to invest in an industrial estate in Myanmar to conclude in 2016. It plans to get into […]
Read More →Well that was one volatile week. Like a lot of others, I was properly surprised by the sudden local institution buying on Thursday and definitely had expected for the market to go to 1,200 if not lower. Does this mean that the volatility is over? Nope far from it, but from where I’m sitting I […]
Read More →China places first order for Thai rice under last Dec’s G2G deal. CHINA has agreed to place the first purchase order for 100,000 tonnes of Thai rice under a government-to-government (G2G) contract for a total of one million tonnes, which was signed last December. (The Nation, 12/10/16) All satellite assets to move to infra fund. […]
Read More →AJD AJD expects to reach 50,000 mobile top-up machines nationwide this year after reaching 30,000 in mid-September. It expects to get revenue from Alibaba members in 1Q17. (Kao Hoon, 14/10/16) Comment: Perhaps Jack Ma being in town this week helped the sentiment behind this name ASIMAR ASIMAR plans to bid for a PAT job worth […]
Read More →AIRA AIRA plans to sell 20% of subsidiary AIRA property PL†to Eugene Investment & Securities, which is an investment company in Korea. It expects this to help support its property business. (Thun Hoon, 13/10/16) ATP ATP has made contracts with two current customers, with a total value of Bt120mn. It is talking to five […]
Read More →The King of Thailand passed away yesterday. A few things I noted: PM Prayuth stated that there will be 1 year of mourning, that the Crown Prince shall be the next King, 30 days no entertainment (but to your best judgement) Walking around Central world in the evening after a dinner, you’d see quite a […]
Read More →ABC ABC expects to end presales of “ABOVE Sukhumvit 39†at more than Bt2.5bn in 4Q16. (Kao Hoon, 12/10/16) AMA AMA is ready to submit its filing to the SEC to list on the mai and expects an IPO of 108mn shares. It plans to increase its fleet and liquid transport vehicles in Thailand and […]
Read More →AKR AKR expects 2016 revenue to grow 25% from 2015’s Bt2.11bn. It expects revenue to grow an average of 20% annually from 2017 because it is a leader in Thailand with 25% market share as well as numerous orders. It plans to take part in bids for public projects. (Thun Hoon, 11/10/16) BJCHI BJCHI plans […]
Read More →ATP30 ATP30 expects 3Q16 net profit to be a record high of Bt8mn, up 289%, pushed up by more customers. (Khao Hoon, 10/10/16) BIZ BIZ got a Bt169mn project from BDMS which raised its backlog to Bt700mn. It expects growth in 3Q16 earnings from transfers. (Khao Hoon, 10/10/16) CNT CNT targets 2016 revenue of Bt8-10bn […]
Read More →