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 […]

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AMATA sets 950 rais domestic land sales target this year, 700-800 rais in Vietnam, growth will be supported by Bt1,813m backlog, sets Bt4-5b capex. Comment: When has AMATA ever achieved anything? I’ve been following them since 2004, and nothing has changed. Treat it like the dinosaur it is, when the share price drops for whatever […]

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BGRIM to wrap up 4-5 M&A projects both at home and abroad, keeps 10-15% revenue growth target this year. Comment: The cookie monster of the energy space in the region.  BBL reports 4M20 mobile banking transactions +28% yoy from C19, target 11m users from 8.6m by end of year. Comment: Now all of the banks […]

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BGC expects 4Q turnaround from lower bottle production costs as gas & cullet price drops, full quarter contribution of 74mw solar farm, recovery sales volume as demand for F&B grows. Comment: When Singha Beer sneezes, BGC catches the flu. BJC’s firm on 4-5% revenue growth target this year, sets Bt10b next year capex for glass […]

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ANAN plans 4 condo pj worth Bt13b, hoping to boost presales during 4Q, after securing Bt15b during 9M19. Comment: Presale #’s aren’t driven this name anymore, no one seems to believe that the real estate players can deliver transfer. AP said 9M19 presales stood at Bt28.56b, or 70% of Bt41.8b FY19 t/g, to introduce 8 […]

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AAV AAV expects 4Q18 earnings to recover, supported by more tourists and lower jet fuel price as well as the government’s measures to stimulate tourism. Next year, it plans to add new routes. (Thun Hoon, 20/12/18) Comment: If it wasn’t for such a weak market we’d see the airlines rally by +10-20% DNA SET reminded […]

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BDMS BDMS is working with Movenpick group to set up “Movenpick BDMS Wellness Resort”. The resort will open in 2019. (Kao Hoon, 6/9/18) Comment: Not the worst idea, combining both of the key positive trends for Thailand, tourism and healthcare BKD BKD is engaging in the real estate business in Myanmar after signing a three-year […]

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ASEFA ASEFA expects 2H18 results to be better HoH supported by high season, but it admits that 2018 earnings growth will come in below target of 15%. Current backlog is Bt2.06bn and 60% of backlog is expected to be booked as revenue this year. It plans to bid for projects with total value of Bt3bn. […]

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CHAYO CHAYO has set up a subsidiary to provide loans to borrowers in EEC in 4Q18. It will benefit from entering the Pico finance business after the Finance Ministry gave its approval. It expects 2H18 revenue to grow after acquiring debt from banks. It expects its debt portfolio to reach Bt39bn and targets 2018 revenue […]

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