BANPU BPP, a subsidiary of BANPU, will start commercial operations of a solar farm in Japan. BANPU will begin to book revenue from this shareholding of 15.35MW in 4Q18. BANPU has total electricity production capacity of 2,100MW. It expects earnings of Bt8.8bn, supported by higher coal price and revenue sharing from the power plant business. […]
Read More →AMATA AMATA maintains its presales target of 925 rai this year. It expects 4Q18 presales to be outstanding. Next year, it expects presales growth of 10% to 1,000 rai, backed by large demand from Chinese and Japanese. Backlog is 13,000 rai. It plans to raise land price in Amata City Chonburi. It will increase recurring […]
Read More →AOT AOT reports FY2018 passenger pass-through of 139.52mn, +8%YoY. Flight volume was 875k. Suvarnabhumi handled 62.81mn passengers above capacity and Don Muang Airport had 40.56mn more than its capacity. Management says Chinese passengers numbered 19.79mn, +21.8%YoY. (Kao Hoon, 31/10/18) Comment: What slow down in passenger numbers? BTS BTS says subsidiary BSR will submit an application […]
Read More →AH AH expects 2H18 revenue to be outstanding, supported by automotive demand growth. It expects 2018 revenue to reach its target. (Thun Hoon, 27/9/18) AOT AOT is asking for approval of a Bt7bn budget for three investment projects. Nitinai Sirismatthakarn, the President, said the second phase expansion of Suvarnabhumi has progressed and the design contract […]
Read More →BGRIM BGRIM is acquiring power plants with many hundred MW in cooperation with partners. It plans to invest in power plants in Vietnam and South Korea. It expects 2018 revenue growth of 20%. It is financially strong with cash of Bt20bn (Kao Hoon, 27/8/18) BTS BTS expects fare revenue to reach Bt6bn in two years, […]
Read More →ADVANC ADVANC announced that it holds 40 MHz on Super Block 1800 MHz which speeded up 4G by 1530% on mobile phones. One third of its customers are using 4G service. It expects to start the Super Block service in September. It says it has the most frequency spectrum in the industry. (Kao Hoon, 21/8/18) […]
Read More →ASAP ASAP expects an acceleration in its revenue in 2Q18 as a result of a rise in car rental customers. It targets 2018 revenue growth of 25% YoY. (Thun Hoon, 7/7/18) Comment: Another stock that has had a mini crash. Love the management style and their ability to grow esp vs their competitors that are […]
Read More →Notable Transactions Buy(s) THB 500 mn TMT – A share swap between family members SAWAD – And she’s still buying the shares! BTS – And he’s still buying the shares! NFC – Going to watching this closely, he seems to want to reach over 60% shareholding in this newly listed company RCI – DCC family […]
Read More →Notable Transactions Buy(s) THB 2.7 bn NOBLE – And now there is only one major shareholder in NOBLE NFC – Recent relisting of a formerly defunct company, the Vice Chairman shows that he owns some 50% of the company BROOK – That’s a 10% stake in the company, switching amongst the major shareholders? BTS – […]
Read More →AH AH will join with VINFAST to build vehicle chassis factory in Vietnam worth Bt1.8bn. It will start operations in 3Q19. (Kao Hoon, 13/6/18) Comment: Thats just amazing for AH, if you know whats going on in Vietnam you’ll see that the government is essentially trying their best to mimic the koreans and develop their […]
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