BTS BTS group infrastructure fund on — BTS Group Holdings looks to have cleared the way for a brighter future, with the green light to go ahead with its infrastructure fund and a possible rise in skytrain fares. (The Nation, 21/02/13) Comment: Looks like there’s been some sell on the news, we all know that […]
Read More →BTS Surge in profit in 4Q12 — BTS posted a 4Q12 profit of Bt1.17 bn, up more than 200%YoY. The impressive earning is supported by15.7% YoY growth in ridership to 600K riders/day. Other businesses, advertising and property, also did well. (Khao Hoon, 14/02/13) Comment: We’ve commented on BTS quite a few times already, thus the […]
Read More →ADVANC Advanced Info Service: Planning 3-year capex of Bt70bn— Advanced Info Service PCL (ADVANC.TH), Thailand’s largest mobile phone service provider by subscribers, is planning a three-year capital expenditure of Bt70bn (US$2.35bn), mainly to expand its third-generation service on the 2.1 gigahertz spectrum. The company expects service revenue to grow by 6%-8% this year, driven by […]
Read More →Notable Transactions Buy(s) – THB 639 mn AH – The owner has been buying the whole month BANPU – We still don’t like Banpu @ this value..still think its worth 20-30% less BGH – Odd transaction with both parties on buy/sell BLAND – K. Ananttttttttttttttttttttttttttt! PF – Owner and management buy big stakes and have […]
Read More →Notable transactions Buy(s): AH – Lagger in the auto sector BLAND – K. Ananttttttttttttttttttttttttt! Sell(s): BTS – Warrant’s sold off by the owner, we still think the stock has legs to run though. Ticon – Ticon’s stock price rallied up a fair bit last week on the back of news that 2012 would be its […]
Read More →BCH Rating affirmed — TRIS Rating affirms the company rating of Bangkok Chain Hospital PLC (BCH) at “A‐”. At the same time, TRIS Rating assigns a rating of “A‐“ to BCH’s proposed issue of up to Bt1.8bn in senior debentures. (TRIS Rating, 10/01/13) BTS Infrastructure fund unrelated to disputed BTS contract, BTS says — BTS […]
Read More →AGE New coal mine ready to start up — AGE is ready to start operations of its coal mine in Tambon Nadee in Samutsakorn province and revenues are expected to be recognized immediately in the first quarter. The company is confident that revenues this year will reach Bt6bn from last year’s Bt4bn. (Khao Hoon, 03/01/13) […]
Read More →BTS BTS Ridership grows nicely in November — BTS reports high ridership at 566,048 passengers/day, +26% YoY in November. (Company) Comment: You still have to wait in queue just get on the damn thing in the morning! Essentially looking @ this via the infrastructure fund, easy for the co to hit THB 8/share next year. […]
Read More →Source: Bangkok Post
Read More →In the paper yesterday there was more light shone upon the upcoming potential infrastructure funds in Thailand and they have listed a huge amount of businesses that take advantage of it… The SEC will allow two new types of businesses to raise funds through infrastructure funds: natural gas transport and oil pipelines, and information technology […]
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