AOT AOT board approved Don Muang phase 3 expansion with investment value of Bt37.5bn. The expansion is expected to complete in 2024 with passenger capacity of 40mn per year. The new terminal is expected to be completed in January 2019. (Kao Hoon, 26/7/18) Comment: Things are moving ahead at AOT despite a delay of 12-24 […]
Read More →Potential Changes to the SET50 and SET100 These names have not been confirmed yet but brokers are expecting that these will be the changes. SET50 Expected Additions: BGRIM, DELTA, ESSO, KTC, RATCH Expected Deletions: BCP, KCE, PSH, TPIPP, WHA SET100 Expected Additions: BLA, ERW, MBK, PRM, PTL, RS, THANI, VGI Expected Deletions: ANAN, BA, BIG, […]
Read More →AAV AAV targets passenger growth of 18% this year to 23.3mn. Load factor is expected to reach 87%, driven by tourism growth. It will accept delivery of four new airplanes this year to add to its 59-strong fleet. (Thun Hoon, 17/4/18) Comment: Which will mainly come from China BIG BIG says earnings this year will […]
Read More →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 […]
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