BANPU – BPP Court closes book on Banpu dispute. Miner will pay B2.7bn to jilted plant partner. The Supreme Court brought a decade long dispute to a close yesterday, ordering Banpu Plc to pay 2.7 billion baht to Siva Nganthavee over activities that negatively affected Thai-Lao Lignite Co’s (TLL’s) involvement in the Lignite Hongsa coalfired […]
Read More →AU AU reported 2017 earnings of Bt129mn, growing by 30.47% with net margin improving from 16.23% to 17.53% thanks to higher sales and effective cost management. It announced a dividend of Bt0.15/share, XD on May 7. (Khao Hoon, 02/03/18) Comment: Earnings of THB 129mn, a market cap of THB 10.6bn, ok, so perhaps they can […]
Read More →ADVANC ADVANC expects 4Q17 earnings to grow by 16% to Bt7.481bn on an improved gross margin and lower marketing expenses. It projects 2017 earnings of Bt30.624, stable from last year, with a 2H17 dividend yield of 2%. (Khao Hoon, 29/12/17) Comment: And now they CF’s are going to be helped by the fact the NBTC […]
Read More →BANPU BANPU has budgeted Bt3.5bn to invest in Marcellus natural gas, with production capacity of 52mn cubic feet per day. It currently has six natural gas sources with total capacity of 201mn cubic feet per day. (Thun Hoon, 13/12/17) EGCO EGCO says it has successfully obtained loans to develop and construct Nam Theun 1 power […]
Read More →BANPU BANPU has an investment opportunity in the natural gas business and is expanding its solar rooftop, with a goal of increasing production to 300 MW in 2020. It also plans to list subsidiary BANPU Infinergy. It expects 2017 revenue of at least Bt85bn and reports coal price has increased to US$70 per ton. (Thun […]
Read More →AAV AAV’s 3Q17 earnings dropped by 34% to Bt260.9mn on an increase in energy cost and a reduction in average fare by 7% in order to compete. It declared a dividend of Bt0.15/share. (Khao Hoon, 13/11/17) Comment: Looks like a lot of the airlines in Thailand will have weak 3Q17 #’s because of the sudden […]
Read More →BANPU BANPU has budgeted Bt7bn for additional investment in shale gas in the U.S. This investment will provide production capacity of around 100 cubic feet per day and make BANPU an important investor in the Marcellus area. (Thun Hoon, 10/10/17) BGRIM BGRIM is negotiating with Energy China, a big player in electricity production in China, […]
Read More →BANPU BANPU bought 25.7% of Sunseap Group Pte Ltd. (Sunseap), a leader in green energy full service provider in Singapore, for Bt1.86bn, as it plans to grow its overseas energy business and become a leader in the energy business. It expects to have additional electricity production capacity of 47 MW . (Thun Hoon, 20/9/17) Comment: […]
Read More →AOT AOT to hire PLE to build a building for Bt14.2bn. It also approved King Power to manage commercial areas in Don Muang airport for 10 years. It plans to open up more projects for bidding. It targets 2017 passenger growth of 7-8%. (Khao Hoon, 24/8/17) Comment: PLE? How on earth they did win this? […]
Read More →ADVANC ADVANC maintains 2017 revenue growth target of 4-5%. It plans to be a leader in data services in 2H17 by increasing 4G customers to reach 40-50% of its customer base of 40.5mn. It also plans to expand home internet. (Khao Hoon, 17/8/17) AOT AOT to pay rental to Treasury Department at 4% of ROA […]
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