AOT sets Bt9b capex to expand East terminal, adding 66k sq.m. to up SIA capacity to 60m psx p.a. from current 45m, expects to open bid within Apr-May, begin construction in July, target completion within 2 years. AOT’s expected to report after close Bt5.1b 1Q24 (ending Dec 23) consensus. Comment: People forget that AOT had […]

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AOT reported Vietjet resumes Phuket-Ho Chi Minh route of 4 flights/week. CPL said solid tannery business 5M22 had boosted capacity utilization to almost 100%, launched new biz line, Bio-TAN, to cater for environmentally conscious customers both here and overseas. Comment: When I see things like this, I genuinely hope that the companies care about the […]

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AP target 11 new launch total Bt16.24b in 2Q (1 SDH Bt3.4b, 8 townhome Bt7.24B & 2 condos Bt5.6b), sees 4M22 sales topped Bt16.15b (Bt13.52b horizontal & Bt2.62 vertical), Bt31.93b backlog assures earnings visibility, firms on Bt47b full year revenue target. Comment: I do wonder if all the increases in commodity prices, will the construction […]

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LH reported acquisitions of the SpringHill Suites by Marriott in Anaheim CA, US, a 120 rooms on 2.07 acres land from DKN Hotels for US$ 31m (Bt 1.056b), the property is just 2 blocks away from Disney Land. Comment: On price/key basis that’s ridiculously good. MC seeks to expand MC outlet in PTT retail stations […]

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AH sees better 4Q as a shortage of semi-cons eases and auto production picks up, while 3Q may be softer QoQ due to supply shortage issues and outbreak, but keeps this year 15-20% sales growth forecast. Expects 90% of employees to be vaccinated within next month from 76%. COM7, CPW, SYNEX are expected to be […]

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BEM BEM is confident that the second phase of the Blue Line extension will open in September 2019 and the third phase will open in 2020. It will ask for a renewal of the second-stage expressway concession in mid-2019. It expects expressway revenue growth of 2% and MRTS revenue of 7% next year, excluding the […]

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AOT AOT Passenger growth of 9.88% in 8MFY18. AOT said passengers in the six airports that it operates rose to 95.54mn or 9.88% in 8MFY18. Lead tourists were from China, South Korea, Japan, India and Russia. (Thun Hoon, 29/6/18) CHOW CHOW signs MoU with photovoltaic manufacturer. CHOW notified the SET that on June 27, 2018, […]

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DEMCO DEMCO ready for project. DEMCO recently got a project from EGAT to construct steel towers. It believes 2017 earnings will be outstanding, driven by backlog of Bt4.05bn. (Khao Hoon, 29/9/17) Comment: I believe the real news is that they were awarded a license/certificate to make 500 kva stations and thus expect to win more […]

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AQ AQ expects to resume trading on the SET after filing its 2Q17 financial statement after auditor approval. It believes it can continue in business after paying Bt1.63bn in damages to KTB. It says losses in 1Q17 were lower than in 1Q16 on lower expenses and reserves, even though presales also declined. (Thun Hoon, 15/9/17) […]

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BCP BCP to invest Bt350mn for R&D, focusing on startup companies in order to drive future growth. (Thun Hoon, 8/9/17) Comment: An interview on BCP is coming, I was impressed by the developments and moves made by them over the past few years HMPRO HMPRO signals 3Q17 earnings will be better YoY due to a […]

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