AAV will pay its first ever dividend at Bt0.10/share, XD on September 14, paid on September 29. It expects 3Q15 earnings to be better on the back of recovery in tourists and lower oil price. It plans to open a new route soon. It expects 4Q15 earnings to peak thanks to seasonality. (Thun Hoon, 11/09/15)
Comment: Without a doubt, a continued beneficiary from the increase in Chinese tourists to Thailand
AIT has budgeted Bt700mn to invest in data centers in Thailand and Cambodia via setting up a joint venture. It expects the decision to be finalized this year. It plans to participate in the Bt11.36bn public projects up for bid in 2H15. It expects 2015 revenue to be less than 2014’s because of fewer public projects. (Thun Hoon, 11/09/15)
Comment: With the digital economy likely a go, then data centers are an easy money making
AGE expects 2015 net profit of Bt100mn after profit reached Bt34mn in 1H15. It expects 2015 revenue of Bt5bn. It plans to expand abroad. It is budgeting Bt50mn to invest in a coal screening machine which will raise capacity by 30% and allow it to take on the many orders. (Thun Hoon, 11/09/15)
BA has budgeted Bt9bn to acquire more 43 aircraft by 2018. It plans to open a new route (Phuket-Hat Yai) this October, which will increase its passengers. It expects 2015 net profit to reach a new high backed by increasing passengers and cost control. It expects to pay an interim dividend. (Thun Hoon, 11/09/15)
Comment: The monopoly airline of Samui that has a decent holding in BDMS, can they translates their success to airports where they aren’t a monopoly?