Stocks in the news (bcp, ea, hmpro, intuch, n-park, rs, thai, wha) 29.08.13

BCP

Investing to raise biodiesel output — BCP said it is will invest Bt1.3bn to increase its biodiesel production from 360,000 liters/day to 810,000 by 2015. (Khao Hoon, 29/08/13)
 
EA
EA expects growth in biodiesel-solar business this year — EA will begin selling electricity from its solar farm in Nakhon Sawan, total of 90MW, on Dec 1, and expects to expand its capacity up to 400MW by 2016. (Khao Hoon, 29/08/13)
 
HMPRO
New branch in Nakho Pathom — HMPRO will continue its expansion by opening its 59 th branch in Phuttamonthon Sai 5 in Nakhon Pathom on Aug. 30 at an investment cost of Bt550mn It expects the new branch to bring in sales of more than Bt45mn per month. (Khao Hoon, 29/08/13)
 

INTUCH

Confirms 100% dividend payout — INTUCH reaffirms its dividend policy of 100% and expects the telecom industry to grow by 5-10% per year. It has approved an increase in the investment budget for ADVANC to Bt90bn and expects to compete in the TV digital auction. (Khao Hoon, 29/08/13)
 

N-PARK

Three new projects in 2H13 — N-PARK plans to launch three new projects in the second half of the year after launching its most recent project, a low-rise condominium project with units priced Bt1-2mn, in Ramintra. (Tun Hoon, 29/08/13)
 

RS

GMM Z removes RS satellite channels in fee row – GMM Z has removed all channels owned by rival RS Plc from its platform due to a dispute over broadcast fees charged by the latter. (Bangkok Post, 29/08/13)
 

Comment: This satellite industry is becoming messy if you want to watch English football then you need CTH, international news and variety shows then you require True, Spanish football is with RS, world cup I don’t remember, but its all becoming rather silly and friends are now starting to accumulate multiple boxes at their homes

THAI to provide in-flight WiFi – Thai Airways International (THAI) plans to make WiFi internet available on flights as the national carrier prepares to apply for a license with the national telecom regulator. (Bangkok Post, 29/08/13)
Comment: They should instead focus on not running the company into the ground
 
WHA
“Solar Roof” project — WHA is setting up a new project to produce electricity from “Solar Roof” on an area of one million sqm. The project is expected to produce 90-100MW. The company is currently negotiating with partners on this project and expects the deal to be concluded by this month or next. (Khao Hoon, 29/08/13)
Comment: Not sure about the financial impact on the company’s earnings for this, but i have been hearing that a lot of industrial estate related companies are looking @ solar roof projects
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