‘Mobile everywhere’ focus keeps dtac motivated

This was one of the best interviews I had the pleasure of doing, Mr. Abdullah does come across incredibly passionate about DTAC’s businesses and opportunities.

Total Access Communication Plc (DTAC) is one of the leading telecommunication services providers in Thailand with a total subscriber base of 27.5 million users, making it the country’s second-largest mobile provider. Chief executive officer Jon Eddy Abdullah discusses the company’s strategy and outlook.


Please explain your business model.

We are a mobile company. We are not a content developer, we are not a fixed-line operator or a telecom company anymore; DTAC is a truly mobile company. When we look at the industry today we see three major trends, all of which are linked to a mobile phone that is already in your hand. So “Mobile Everywhere” is one of these trends because everything is just that much more convenient when it is in your hand. Continue reading ‘Mobile everywhere’ focus keeps dtac motivated

What happened this week 18/11 – 22/11


  • Foreign institutes worry about rice support — Knowledge Network Institute of Thailand Policy Research Institute (KNIT) says that since the IMF has raised questions about the government rice subsidies scheme, several foreign institutes have asked KNIT to release some of its statistics on the matter, saying that the rich subsidies scheme is one of their main risk concerns for Thailand. (Khao Sod, 18/11/13)
  • NESDB to cut GDP again — The Office of the National Economic and Social Development Board (NESDB) will cut its 2013 GDP target to below 4% even though tourism growth has been outstanding. Private sectors feel that a cut in GDP target will not affect confidence as it has been expected for sometime. (Kom Chat Leurk, 16/11/13) Continue reading What happened this week 18/11 – 22/11

Stocks in the news (bmcl, bts, itd, l&e, pf, siri, tru) 22.11.13

Still no SRT decision on capital increase — The State Railway of Thailand has hired outside consultant to study BMCL’s need for additional capital. The report will be completed by November 29, after which SRT will make its decision. (Khao Hoon, 22/11/13)
Comment: It will still most likely go through, SRT can’t risk BMCL going bankrupt
Special dividend — BTS has announced a special dividend of Bt0.33 per share from the extraordinary gains from the sale of VGI shares. It says it does not fear competition over new line management, as it believes that its track record will convince any official. (Khao Hoon, 22/11/13)
Comment: An additional 3-4% yield for this company, to us it looks like K. Keeree is cashing out as much as he can
Targets 2014 backlog growth of 100% — ITD targets 2014 backlog growth of 100% to Bt400bn with revenue of Bt70bn, from the current level of Bt60bn. It still has hopes for Dawai, with Burma to make the decision on contractor for Phase I in February 2014. (Khao Hoon, 22/11/13)
Comment: We’ve said time and time again that ITD can’t do the Dawai project, its balance sheet isn’t big enough and they have far too much debt. Continue reading Stocks in the news (bmcl, bts, itd, l&e, pf, siri, tru) 22.11.13

Stocks in the news (cpn, hmpro, iec, mc, scc, slc, tmi) 21.11.13

23rd Central Festival open in December — CPN will open its 23rd Central Festival shopping mall in Had Yai on December 14. It has invested over Bt7.2bn in the project. The construction is currently at 95% completion. (Khao Hoon, 21/11/13)
HMPRO to expand aggressively in the last 2 months. HMPRO will open its 63rd branch in Cheng Rai, with target monthly revenue at Bt42mn. It will also engage in aggressive yearend promotions with discounts of up to 70% on some of its products. (Khao Hoon, 21/11/13)
Comment: One of the most impressive companies over the past decade, and their 3Q13 numbers demonstrate the company’s ability to withstand any “decline” in spending thus far.
Has PPA — IEC says that its Tak solar power plant, with production capacity of 5.25 MW, has received its PPA from the Ministry of Energy to distribute electricity. Revenue from the plant will start to flow from the end of November 2013. (Khao Hoon, 21/11/13)