BTS BTS reports 2QFY18 net profit of Bt741.5mn, growing 19%, with revenue of Bt2.98bn, rising 55%, as it received revenue from system installation for the North-South sky train and passenger numbers made a new high. (Khao Hoon, 15/11/17) CHO CHO reported 3Q17 revenue of Bt606.66mn, growing 133.21%, with a net profit of Bt14.69mn, rising by […]
Read More →Notable Transactions Buy(s) THB 75 mn BLAND – He hasn’t stopped buying for the past…well since I’ve started tracking management trades Sell(s) THB 384 mn THANI – A director sold off 30 million shares BTS – A rare transaction over at BTS, some warrants sold by the founder. Note: Actual period was 16/10 – 27/10
Read More →BAY BAY reports 9-month net profit of Bt17.5bn increasing by 7.9% from last year as a result of an increase in interest revenue and revenue from fees. It believes loans will grow by 6-8% this year as the economy recovers. (Thun Hoon, 20/10/17) Comment: Shame about the free float, otherwise this bank would be trading […]
Read More →AH AH continues to search for domestic and international partners to expand its auto parts business. It plans to sell some portions of its current business to SGAH. It remains confident in this year’s revenue growth target of 5%. (Thun Hoon, 29/8/17) Comment: An interview with AH coming soon… BTS BTS plans to raise fares […]
Read More →AAV AAV 2Q17 earnings collapsed to Bt170.6bn, -60%YoY due to higher oil prices and a reduction of turnkey revenue flights to China. (Khao Hoon, 11/8/17) BEM BEM posted 2Q17 earnings of Bt723mn, +43%YoY due to opening of Sirat expressway and purple line. 1H17 earnings posted earnings of Bt1.4bn, +18.1%YoY (Khao Hoon, 11/8/17) BIG BIG believes […]
Read More →BA BA expects 2H17 to be supported by tourism recovery. The company is going ahead with its new flight routes. It expects to get the EIA approval for the expansion of the Samui Airport to increase the number of flights to 70 per day in 3Q17. It is also benefiting from the kitchen expansion at […]
Read More →BTS BTS expects EBITDA margin for the Pink and Yellow Lines to increase to 64-69% in its final year and passenger numbers to grow 4.5-5.2% on average. (Thun Hoon, 21/6/17) CBG CBG is in talks with 3-4 retail operators in the UK to expand its business overseas. It expects to finalize the deal with 2-3 […]
Read More →AOT AOT is confident it will have revenue growth of 8%, driven by more flights and tourist arrivals. It targets tourist arrivals of 180mn within 10 years. (Khao Hoon, 19/6/17) Comment: And this will mainly be driven by China BTS BTS with STEC and RATCH will sign the contracts for the Pink and Yellow lines […]
Read More →AH AH to invest Bt3.5bn in a JV with Sakthi, a major player in auto parts manufacturing. (Thun Hoon, 9/6/17) Comment: A rather strange JV and I’m not entirely convinced by it AIT AIT is to sign a new contract worth Bt594mn in the next 1-2 months. The company is also anticipating other biddings worth […]
Read More →ANAN Ananda said its 2Q17 presales could reach Bt2.9bn. It is going to launch seven new projects worth Bt22.7bn. 2Q17 revenue could reach Bt7.35bn. It also plans to issue new bonds worth Bt1bn. (Khao Hoon, 8/6/17) Comment: And things are progressing as per expectations BCH BCH to benefit from Social Security’s raise in medical reimbursement. […]
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