Political turbulence delays Thai AirAsia X inaugural flight –Thai AirAsia X, the country’s first medium- and long-haul low-cost carrier, has delayed the launch of its inaugural flight from the current quarter to later this year, because the skies are not clear enough due to the ongoing political tension. (The Nation, 20/02/2014)
Comments: The entire airline business has been tremendously hurt by these protests, plus the weakening baht isn’t helping matters either for the companies involved.
BCP expects 2014 EBITDA to hit Bt10bn supported by the operational startup of Phase 3 of its solar farm project. (Khao Hoon, 20/02/14)
Comment: despite the temp shut down, earnings for this company is fairly resilient
MRTA allows fare rise — BMCL will be able to increase its fares by Bt2 on July 2 this year after approval by the MRTA. It expects no problem from Election Commission because it is in line with the existing contract. (Khao Hoon, 20/2/14)
Comment: Marginal impact upon its bottom line, still an asset that isn’t proper utilised Continue reading Stocks in the news (aav, bcp, bmcl, csl, epco, intuch, thai, wha) 20.02.14