Transport Minister: Look at costs before allowing PSC rise — Chatchart Sithipun, transport minister, said he wants to take a look in detail at AOT’s cost rises before make the decision about raising passenger service charge, because there are more opponents than supporters. (Khao Hoon, 29/10/13)
Comment: i’ve been reading that there will be at least a 2 month period before anything happens with this and that there is a small chance that it could be delayed – although we doubt it
Extra gains in 3Q on expiration of loan case — BLAND will book extra gains of Bt3.8bn in 3Q13 (Oct-Dec 2013) after expiration of the statute of limitations (10 years) on its loan case. It says profit will exceed Bt6.9-9.2bn this year. It is also planning to bid for the Pink Line early next year using the proceeds from the sale of assets to its property fund and the sale of its land on Srinakarin. (Khao Hoon, 30/10/13)
Comment: Hahaha, well if you don’t have to pay back a loan then its wonderful news.
FVC increases 128.33%in the first day trade — FVC closed at Bt2.74, more than double its IPO price. Its MD said 2013-2014 revenue growth would be 18-20%with a sharp growth in net profit as its business expands. (Khao Hoon, 30/10/13)
Comment: as we’ve mentioned in the past, any small ipo in Thailand performs well on its first day, but good luck getting any shares in it. Continue reading Stocks in the news (aot, bland, fvc, gold, pttep, jmart, scc) 30.10.13