CIVIL targets 2026 revenue of THB 6.4bn with backlog of THB 12.8bn recognised through 2028. Preparing to bid for over THB 72bn in new work. 4Q25 outlook lifted by Krabi Airport and Rama 2 Expressway handovers. Comment: I’m still of the viewpoint that we are seeing all the regional airports (and bangkok) seeing improvements and […]
Read More →AH’s subsidiary in China secured parts orders from Tesla, will start delivery from FY25. Comment: Yup, and they’ll probably get BYD’s in a few years. CI eyes 3-4 new projects worth Bt10b, both condo and detached housing, sets Bt1b capex for landbank. ERW expects full year OCC >80% on positive international travelers momentum & tailwind […]
Read More →AP’s booked Bt23.3b presales in 8M21, on rising price of single detached house, mulls 5 new launches worth Bt7,020m this month. BM reaffirms record high profit, despite slight hiccup in 3Q, confident on 4Q growth, supported by Bt300m backlog. EGCO, RATCH & Electricity Generating Authority (EGAT) established JV, Innopower, to invest in start-up R&D co., […]
Read More →INET sees FY21 revenue from cloud services +50% yoy from remote working, online platform expansion & paperless adoptions, will estimate Bt4.5b IFF (DCREIT) offering in 2Q. Comment: I still don’t understand why any private enterprise would bother with INET. IRPC upbeats FY21 earnings from wider chem spreads yoy, stock gains & improved sales vol supported […]
Read More →ANAN target 7 new projects worth Bt21.93b, 1 in 3Q and 6 in 4Q, maintaining Bt29b full year transfer, Bt19b to transfer last 4 months. Comment: It’s all back ended to the 4Q as it typically has always been for ANAN and the majority of property companies. So lets see how much damage there is […]
Read More →AU sees solid 2Q from positive SSSG and newly added 10 branches in the quarter, will debut franchise network in HK in 2H, expects better earnings from recognition of initial fee, royalty fee and ingredients order from company, eyes 15% revenue growth target. Comment: They knocked 1Q19 earnings out of the park! DTAC appears uninterested […]
Read More →AOT to seeks Treasury Department deal to extend the remaining 14-year land lease contract to new 30-year contract, to accommodate upcoming concession bids for duty-free and commercial areas. DOD denied rumors its major shareholders were dumping share, sees return to profit in 1Q, mulls at least 5 investment projects. KBANK estimate JV with LINE Corp, […]
Read More →ANAN ANAN launched IDEO Ratchada-Sutthisan condominium worth Bt1.6bn, boosting sales in 3Q18. Unit price starts at Bt2.49mn. It has contracted CIMBT to issue subordinated debentures at a rate of 8.5% for the first five years. It plans to sell the debentures to local institutions and HNWIs on Sep 20-25. (Thun Hoon, 12/9/18) Comment: Everything is […]
Read More →ADVANC ADVANC announced that it holds 40 MHz on Super Block 1800 MHz which speeded up 4G by 1530% on mobile phones. One third of its customers are using 4G service. It expects to start the Super Block service in September. It says it has the most frequency spectrum in the industry. (Kao Hoon, 21/8/18) […]
Read More →JWD JWD invested Bt315.73mn: Bt146.57mn to buy 40% of Bok Seng shares and Bt169.16mn to take a capital increase by PPSEZ, which operates a logistics business in Cambodia worth. (Kao Hoon, 12/6/18) Comment: Curious as to how this fits in within the group’s overall plan or if these are just opportunistic acquisitions KTIS KTIS expects […]
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