Diversified property holdings key to success for UV Univentures Plc (UV) was founded in 1980 as a manufacturer and distributor of zinc oxide and listed on the SET in 1988. Over the years it has evolved and today it is a holding company specialising mainly in property and related businesses. Director Worawat Srisa-an discusses the company’s strategy and […]
Read More →AIT AIT sets 2016 revenue target growth at 10% from Bt5.1bn in 2015 supported by its backlog of more than Bt3bn and government projects. It plans to start a data center project within 2Q16. (Kao Hoon, 25/03/16) APCO APCO sets 2016 sales target at Bt450 or growth of at least 10% and maintain gross margin […]
Read More →AOT AOT expects earnings to be better than in 2015, which had a profit of Bt18.7bn, backed by weak oil price and tourist expansion. The board approved a budget of Bt27bn for Phase 3 of Don Muang airport. It will extend the lower landing fee to two years. (Thun Hoon, 24/03/16) Comment: Boom, get ready […]
Read More →AOT AOT to put Suvarnabhumi airport phase 2 up for auction, This project is valued at Bt16.7bn (Khao Hoon, 23/3/16) BJC Berli Jucker Plc’s (BJC) shareholders okay buying BIGC. Shareholders have voted in favour of a $6.2 billion acquisition of hypermarket operator Big C Supercenter Plc from France’s Casino Group, sources told Reuters. (The Nation, […]
Read More →BWG Board approved a dividend Bt0.04/share. It will issue BWG-W4 at a ratio of 6 old shares to 1 new share to shareholders and those who exercise BWG-W3. It will increase capital. (Thun Hoon, 22/03/16) Comment: Well they seem rather adamant on expanding in the waste to energy segment DEMCO DEMCO bidding for EGAT and […]
Read More →ACAP ACAP expects 1Q16 net profit to back to black and stay there for the remainder of this year. It expects to wipe out retained losses this year. It expects to make a decision on the credit card business with foreign partners by mid-2016. (Khao Hoon, 21/03/16) Comment: Given that the credit card business is […]
Read More →There’s only two things on my mind, first BJC buying over BIGC – should be a non-event, second, will JAS’s CEO pull a rabbit out of his ar$e and magically come up with bank guarantees by the 4.30 PM deadline today?
Read More →Notable Transactions Buy(s) THB 765 mn BA – And he continues to buy and buy IFEC – Looks like a trade between two shareholders EARTH – Haven’t seen buying in this name for a while Sell(s) THB 198 mn IFEC – See above PTG – Interesting to see quite a large sale by this director […]
Read More →B90bn set aside to aid rural areas — The government is poised to earmark 90 billion baht to support local development and ease the impact of the drought and slowing economy in rural areas. (Bangkok Post, 18/3/16) 2-in-1 strategy in bid to ease new tax pain – Draft bills on the new personal income tax […]
Read More →ANAN ANAN has achieved Bt3.6bn in presales from Aston Silom Condo (60% of total). It is interested in joining the “Baan Pracharat†project. It targets 2016 sales of Bt21bn. (Khao Hoon, 18/03/16) Comment: According to management, they are going to report slower pre-sales than before because they’ll hold some inventory to make more $ ATP […]
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