The growth of the renewable sector Thailand has been remarkable to say the least, here are some key facts: The capacity of renewable energy for electricity generation has been rising substantially and is expected to reach a record high of 9,200 megawatts by year-end, according to the Department of Alternative Energy Development and Efficiency. As […]
Read More →BTS MRTA plans to negotiate with BTS to operator the Green Line (Bearing-Saput Prakan) rather than putting it up for bidding. (Khao Hoon, 06/07/15) Comment: Well because BTS already operates every other part of the BTS, the question is only down to politics and fee-arrangements now CGS CGS acting as financial advisor for Ankor Kasemkam […]
Read More →ADVANC ADVANC expects to be a leader in broadband business by partnering with TOT; this is expected to be concluded in 3Q15. 2H15 revenue is expected to mark a record high thanks to seasonality. Subsidiary AWN is preparing to participate in the 4G auction. (Thun Hoon, 03/07/15) AIRA AIRA expects 10-20% revenue growth this year, benefitting from […]
Read More →ADVANC ADVANC and TOT plan to invest in mobile-broadband business which is expected to be finalized in 3Q15. ADVANC expects 2H15 revenue to grow 4% which consists of 30% growth from data service revenue. (Khao Hoon, 02/07/15) Comment: I do think this will kill JAS and most likely hurt True substantially as well. AIRA AIRA […]
Read More →Notable Transactions Buy(s) THB 444 mn EA – A huge share swap BA – He seems to be continually buying his shares back in the market. LPN – It’s not often that you see management buying shares in LPN, they must believe that their projects are not going to be affected whilst many projects that are […]
Read More →AQ AQ reported 1Q15 earnings of Bt37.3mn (+378% YoY) from 1Q14’s Bt7.8mn. Management says performance will turn around this year. It will launch nine projects: single house, townhouse, and condominiums, with total value of over Bt8bn. It expects sales of Bt2.5bn. (Thun Hoon, 19/05/15) Comment: AQ’s stock price has already valued in all of its […]
Read More →AIRA Board approves capital increase of 3.16bn shares to be offered at rights of 5 old shares to 2 new shares for Bt1/share plus AIRA-W1 and AIRA-W2. 1Q15 earnings showed a profit of Bt13mn compared to 1Q14 loss of Bt31mn. (Thun Hoon, 18/05/15) AOT AOT reported 2Q15 net profit of Bt4.8bn (+32.36% YoY) benefitting from […]
Read More →ABC ABC expects shareholder approval to increase capital and list ABC-W2. The company hopes to use the capital to expand its property business. It has land of over 4,000 rai in Hua Hin. It is ready to push M-Commerce business to be its main source of revenue in the future. (ThunHoon, 23/04/15) Comment: So this […]
Read More →AUCT AUCT revealed that it is studying the business potential abroad. If it is feasible it will begin the business by early 2016 and expects this could contribute 10% to its revenue. Management expects 1Q15 performance TO be strong with revenue growth of 20-40% YoY in 2015. (Thun Hoon, 07/04/15) Comment: Still my biggest regret […]
Read More →AJD SET urged AJD to clarify its frequent par splits, twice in four months, within Mar 5 with details. The regulator is in doubt of the company’s corporate governance. (Kao Hoon, 03/03/15) Comment: This is a positive move by the SEC, its good to see regulators actually be active. BIG BIG will resume its trading […]
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