ANAN Ananda scales back condo advertising – The SET-listed Ananda Development Plc (ANAN) has capped spending on marketing and advertising at 2.5% of sales, down from 4% last year, as the political turmoil looks set to dampen condo-buying sentiment throughout 2014. (Bangkok Post, 11/04/14) Comment: The pullback in advertising has been throughout all of Bangkok, […]
Read More →AOT Management expects 2014 passenger growth of 7.35%, down from prior estimate of 10%due to the slowed economy, political situation and lower Chinese tourism.(Khao Sod, 08/04/14) Comment: This silly country will still continue to perform well regardless of all the rubbish it creates for itself. GUNKUL GUNKUL continues to install solar rooftop after bidding for […]
Read More →AOT AOT to book final flood claim in 2014 — AOT says it will be receiving the remaining compensation for the flooding of Don Muang airport of Bt900mn from total of Bt1bn that it expects to book this year. Don Muang airport’s management reports more than Bt336mn charter flight booking in April. (Khao Hoon, 02/04/14) […]
Read More →AMATA AMATA says 1Q14 investment slowed due to political instability. It expects investment to return once calm is restored. It is negotiating with 7-8 foreign investors. (Khao Hoon, 01/04/14) Comment: Not much of a surprise here, but its good value still @ these prices. AOT AoT banks on ‘airport city’ plan to boost revenue – […]
Read More →AOT AOT expects FY2014 profit growth YoY on growth in normal operations. It aims to maintain EBITDA margin at 40%. (Post Today, 24/3/14) BCH BCH seeks additions to hospital chain – SET-listed Bangkok Chain Hospital Plc (BCH), the operator of Kasemrad Hospital and World Medical Center, is in talks to acquire three or four hospitals […]
Read More →International Tourist arrivals came out down 8% YoY for Feb and thats grabbed all the headlines, but tourism related stocks (hotels, airlines) have been doing very well in the past 1-2 months b/c all the news re the protests have already been priced in since the first week of the year. The question we’ve been asked […]
Read More →ANAN ANAN expects to report Bt1.5bn in revenues in 1Q14, a 50% increase YoY, supported by booking revenue from its condo, Ideo Mobi 4. (Khao Hoon, 17/03/14) AOT Phase 2 to move as planned — AOT says that Phase 2 of Suvarnabhumi airport worth Bt62.50bn will go as planned. It will draft the TOR this […]
Read More →AOT AOT says political unrest is pressuring operations. Passengers in Suvarnabhumi fell 9% but passengers at provincial airports increased supporting it operation. Foreign funds request its business plan to decide whether continue to invest or divest. (Khao Hoon, 05/03/14) Comment: So as we’ve commented in the past, Bangkok is hurt yes, but the rest of […]
Read More →AOT Airport departure tax hike stalled — A bid by Airports of Thailand (AoT) to increase airport departure taxes has been stalled by the political conflict but counter check-in fees will go up anyway, by five baht. Department of Civil Aviation chief Woradej Harnprasert said it was unlikely the planned departure tax increase would be […]
Read More →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, […]
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