3Q13 profit Bt290mn — AAV reports 3Q13 profit of over Bt290mn, +59% growth QoQ. This is due to a 30% increase in cabin factor, raising revenue to over Bt5bn revenue. 9M13 net profit is at Bt1.5bn, 70% growth YoY. (Khao Hoon, 11/11/13)
Comment: As long as they stay away from buying planes then ok but we prefer to avoid this one.
Banpu targets high-growth countries – With strong energy demand in India, Indonesia, the Philippines and Vietnam, in line with economic growth and infrastructure development, Banpu Plc plans to boost sales in these countries through its Indonesian coal mines. Banpu chief executive Chanin Vongkusolkit said his company will focus on sales growth in high-potential markets and does not need new investment. (Bangkok Post, 11/11/13)
Comment: Nice but still overvalued
CK-BMCL sign contract with Marubani-Toshiba. — Marubani-Toshiba will provide 63 skytrain cars, and service them for 10 years. The contract is for Purple Line, Bang Yai – Bang Sue (Khao Hoon, 11/11/13) Continue reading Stocks in the news (aav, banpu, bmcl, ccp, ktc, smpc, uv, wha) 11.11.13