Stocks in the news (aot, ea, intuch, nok, global, qh, scc, true) 03.03.14

AOT

AOT to pay dividends of Bt4.6bnand expects revenues for the year to exceed Bt100bn.(Khao Hoon, 03/03/14)

EA

As expected, EA reported strong net profits at Bt268mn, 150% YoY, supported by its solar farm business that continued to grow strongly.(Khao Hoon, 03/03/14)

Comment: An infrastructure fund next for this group?

INTUCH

Tight lips— Temasek Holdings, the major shareholder of InTouch Plc, is keeping its lips tightly sealed over the anti-government movement’s allegation that the Thai telecom giant is still linked to the Shinawatra family, reiterating that the information was wrong.(Bangkok Post, 03/03/14)

NOK

NOK targets 8mn passengers in 2014with cabin factor at 80%. It will open a new route to Ho Chi Minh. Although the political turmoil in Thailand has dragged cabin factor down to 75-80%, NOK still reported net profit of Bt1.075bn, a 113% increase YoY.(Khao Hoon, 03/03/14)

Comment: We still don’t see NOK being able to compete with AAV (air asia) Continue reading Stocks in the news (aot, ea, intuch, nok, global, qh, scc, true) 03.03.14