BH/BJCHI/MEGA/NYT/TTCL MSCI will be calculating BH in its MSCI Global Standard starting May 30, while BJCHI, MEGA, NYT, and TTCL will be calculated in the MSCI Global Small Cap. (Khao Hoon, 16/05/14) Comment: Fantastic news for all companies involved especially the new ones BJCHI n MEGA BKI BKI reported net profit of Bt627mn in 1Q14 and pay DPS […]
Read More →CK Good 1Q14 — CK says 1Q14 revenue was good, supported by backlog of Bt110bn. It reaffirms that revenue will surpass Bt30bn this year. It expects to sign for additional work worth Bt22bn. CK’s shareholders have also given the green light for an increase in the debenture amount that CK can issue by Bt8bn from […]
Read More →AAV Thai AirAsia X to take to the skies in June – Thai AirAsia X, Thailand’s first long-haul low-cost airline, will take to the skies about two months from now despite the tourism market being dragged down by the country’s political turmoil. After putting off the launch previously planned for the first quarter, Thai AirAsia […]
Read More →BLAND BLAND will book extra profit of Bt3.8bn in two quarters after expiration of the court case allowed it to reverse provisions. This will push 1Q14 net profit up YoY. Dividend per share is expected at Bt0.03-0.04. (Khao Hoon, 21/04/14) Comment: This + its REIT has both already been priced into the stock price CHO […]
Read More →ADVANC TOT eyes new revenue from AIS pact – TOT Plc expects to earn revenue of at least Bt800mn a year from its network rental service once the state telecom enters a partnership with mobile leader Advanced Info Service (AIS). TOT chief executive Yongyuth Wattanasin said a one-year memorandum of understanding between the two parties […]
Read More →AGE Subsidiary investing in two power plants —AGE is having subsidiary AGE Power Holdinginvest in two power plants. The first is in Sukhothai with 3 MW. The other is in Phichit with9.9MW. It expects coal sales grow to 4 million tons. (Khao Hoon, 30/1/14) Comment: Now the forecast has increased to 4mil tonnes from 3mil […]
Read More →CSS CSS to penetrate telecom market in Myanmar to expand its revenue channels. It expects revenues for 2014 to reach Bt4bn supported by Bt700mn from a job for TRUE, plus backlog of Bt800mn. It is waiting to see if it will win a job to set up 1,500 poles for DTAC – results are to […]
Read More →The clever folks at Thanachart Securities put this out during the week as the changes in the SET50 and SET 100 are expected in the 2nd week of December ’13. Basically new additions in the SET 50 include VGI & THCOM replacing KKP & MAKRO, and for the SET100 +BMCL, CHG, ERW, N-PARK, TFD, TICON, […]
Read More →ADVANC Cuts revenue target — ADVANC has lowered its revenue target for the year to 5-6% from 6-8% as it expects the slowdown in the economy to continue affecting earnings from 3Q13 through to 4Q13. (Khao Hoon, 20/11/13) Comment: And it looks like it will be the same story next year, management isn’t really open […]
Read More →AOT Strong July traffic growth — AOT reported strong traffic in July 2013, with passenger and aircraft movement growth of 16% YoY. This is the tenth month in a row that it has reported double-digit growth. (Company press release) Comment: This is really only one of the few strongly growing large cap co’s in Thailand […]
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