ACD It is starting its project acquisition strategy by buying a condominium project worth Bt700mn. It plans to buy Bt350mn in property in Phuket. Management says it will wipe out retained loss of Bt300mn. It plans to invest in alternative energy next year. (Thun Hoon, 04/06/15) Comment: Another hybrid of property and alternative energy, am […]

Read More →

BKD 1Q15 net profit was Bt13.07mn (+17.5%YoY) on revenue of Bt194.88mn (+16.17%YoY) up from 1Q14’s net profit of Bt11.12mn and revenue of Bt167.75mn (Post Today, 13/05/15) CEI CEI will change its name to “Advance Connection Corporation” (ACC) and plans to invest in alternative energy. Management guides to a turnaround in earnings this year. It plans […]

Read More →

ARROW Says revenue will grow 20% on booking revenue of Bt168mn. It is waiting for bids to open for new project valued at Bt160mn. 2Q15 income is estimated to rise 20%YoY while 1Q15 earnings surged 72% to Bt61mn. Domestic and international funds are interested in ARROW stock. (Thun Hoon, 12/05/15) Comment: Their 1Q15 earnings were amazing, […]

Read More →

AOT AoT board approves Bt48bn for airport revamp projects – The Airports of Thailand’s (AoT) board has approved a Bt47.9bn budget to build a new terminal and a new runway at Suvarnabhumi airport to ease congestion. (Kao Hoon, 22/01/15) Comment: AOT’s latest passenger numbers have come out and Bangkok is performing horribly while the rest […]

Read More →