Government Saving Bank (GSB) to buy 48.59% stake in AMANAH from IBANK in a Bt2b deal, while playing down a JV with SAWAD in car title loan business due to high capital requirement and may endure up to 5 years of losses, Tabloid. Comment: GSB are idiots. Amanah has no network, no franchise name, it’s […]
Read More →BBL expects to save Bt7b after revised acquisition terms to lower BV multiples and Indonesia rupiah depreciation. Comment: A slightly low acquisition price and the IDR dropping. BWG’s major shareholder, Komol Jungrungreangkit, raised holding by 0.5219% to 5.2921% last Friday (April 16), SEC filing. Comment: This name is trading so far below BV its ridiculous. […]
Read More →AOT target 7-8% revenue growth FY20, expects passenger arrival +5-6% yoy, seeks to boost revenue from cargo business and non-aero revenue to balance revenue mixed, expects to kick-off airport city projects next year. Comment: International passenger arrivals continue to rock and roll, its the domestic traveler #’s that are declining rapidly. The Government is focused […]
Read More →CHOW: to cod 3 JPN solar project combined 21mw before end of-3Q, lift total to 80.92mw, t/g 500mw w/in 5 yrs. KKP: cut FY19 loan growth t/g to 5% from 8% from soft demand for auto HP; fees from CRC restructuring, TMB-TBANK amalgamation, Asset World & DoHome IPOs to provide cushion in 2H. Comment: The […]
Read More →ARIP branches out from event organizer & media publication to digital services, aiming to capture demand for turnkey digital platform for corporate, target 10-15% revenue growth this year. BCP target FY19 EBITA growth >30% driven by higher cracking capacity at 115k bblpd +12% yoy thanks to absence of maintenance shutdown, sets Bt14b capex for ethanol […]
Read More →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 […]
Read More →BGRIM BGRIM was awarded the first phase of a 145MW hybrid power plant project in U-Tapao international airport area worth Bt3.6bn. It expects IRR of more than 10%. It expects to start commercial operation in Jan 2021. It expects to be awarded the second phase of 135MW electricity production capacity and value of Bt2.3bn. (Kao […]
Read More →BANPU BANPU expects 2018 revenue of US$3.5bn, +25%YoY. It expects 2H18 coal price at US$100/ton. It maintains its target sales volume at 45mn tons. (Kao Hoon, 17/8/18) BGRIM BGRIM signed a contract to purchase 80mn shares or 80% of Fujian TTP Joystock, the owner of a 257MW solar power plant in Vietnam. The purchase is […]
Read More →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, […]
Read More →BAFS BAFS expects revenue reach Bt5bn in 2021 upon a full year of revenue from Phichit-Lampang oil pipe. For 2018, it expects revenue growth of 4-5% on easing of ICAO for 16 airlines. (Kao Hoon, 23/5/18) CHOW CHOW expects revenue to exceed Bt5bn as it will book Bt1bn in revenue from its energy business in […]
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