AOT AOT expects its six airports to have 17,550 flights during Songkran, +11.9%YoY, with total passengers of 3.01mn, +14.4%YoY. It plans to draw up a TOR for an auction for the commercial area in Suvarnabhumi airport. It plans to select a winner this year. (Thun Hoon, 9/4/18) Comment: Still one of the best performing industries […]
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 →BCH BCH signals strong 2H17 performance, driven by revenue from Social Security patients and better performance at WMC. (Thun Hoon, 27/7/17) Comment: WMC had been a drag on BCH ever since they launched it 4-5 years ago. The market is still betting on a turnaround in #’s something that has yet to be sustainable. BCPG […]
Read More →BEAUTY BEAUTY reported 1Q17 revenue of Bt687.53mn, up 29.7% with net profit of Bt199.65mn, up 54.5% on the back of better sales at each distribution channel. It continues to expand both at home and abroad and also plans to distribute to King Power and 1,100 7-Eleven stores. It plans to expand to an online channel, […]
Read More →AGE AGE plans to expand to Vietnam where demand is high. It expects 2H17 sales to jump on the completion of the setup of a JV. It targets 2017 sales to grow 25-30% from last year’s 2.36mn tons. It expects 1H17 domestic sales to be good, with orders from major clients up 50%. (Thun Hoon, […]
Read More →CNT CNT has achieved its target signed projects in 1Q17 of Bt3.6bn. It expects to get Bt12bn in projects this year to bring backlog to a record high of Bt10bn. It expects 80% of backlog to be recognized this year. It is talking to a party to partner it in upcoming bids. (Thun Hoon, 07/04/17) […]
Read More →BCP BCP reported 2016 profit of Bt4.7bn or growth of15%. The board approved a dividend of Bt1/share, XD on Mar 1. It is confident that 2017 EBITDA will grow 20%, supported by full capacity operations at its refinery. (Kao Hoon, 20/02/17) BIG BIG reported 2016 profit of Bt846mn, increasing 84% from 2015, setting a new […]
Read More →AMA AMA expects to finish the deal to buy a second ship within 2Q17 and expects the ship to be in service in April. This will increase 2017 capacity to 72,000 tons from currently 46,000 tons. It targets 2017 revenue growth of 50%, backed by recovery in shipping. It plans to invest in the logistics […]
Read More →Bill Gross Bill Gross is out with his latest paper and he continues on his negative viewpoint on the world today with these keypoints How policymakers plan to solve a long-term global debt crisis: 1. As in Japan, the Eurozone, the U.S., and the UK, central banks bought/buy increasing amounts of government debt (QE), then […]
Read More →AOT AOT will pay a dividend of Bt6.83/share, XD on Dec 8. Earnings look good on seasonality and government stimulus measures. It expects 26.4% passenger growth and 9.52% growth in number of flights. (Thun Hoon, 07/12/16) Comment: Granted the short term impact of zero-dollar tours from China is going to hurt the #’s from AOT […]
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