AGE AGE will issue Bt1bn worth of debentures sometime in 1Q15. It plans to use the proceeds to invest in 10 biomass power plant projects with a total capacity of 100MW. It also set a revenue target of Bt9bn for 2015, up from the expected Bt7bn in 2014. (Kao Hoon, 06/01/15) Comment: This a positive […]
Read More →AJD SP still not lifted— The SET is keeping AJD tagged SP, saying it was not satisfied with AJD’s explanation about the capital increase via PP. (Kao Hoon, 2/12/14) Comment: PP’s have been one of the ways speculators use to gain additional shares in a company to “control” the stock price, it is a positive […]
Read More →AAV Thai AirAsia posts static Q3 load factor – Thai AirAsia (TAA) saw a slight fall in load factor in the third quarter, which it attributed to Thailand’s political situation and a sluggish economy. The country’s largest low-cost carrier still recorded a relatively high load factor of 82% for JulySeptember, down by one percentage point […]
Read More →AJP AJP partnering with MUSE Group, in both Thailand and Singapore, to host sports events and concerts at the international level. It said that within the next six months, there will be four major events from which it expects to revenue of at least Bt600mn. It will announce the first major event in early October. […]
Read More →BTS BTS reveals passenger traffic growth of 4-5% YoY in 1QFY15, below the estimate of 7% YoY, because the government has adjusted the Thai school semester to be in line with AEC. The company is waiting for bidding to open for the Green Line and expects the NCPO to support all train line projects. (Kao […]
Read More →AOT Directors resign en masse — Airports of Thailand Public Company Limited (AOT) reports that the following directors resigned from AOT Board of Directors and all other positions, effective June 6, 2014: 1. Squadron Leader Sita Divari 2. Police General Krisna Polananta 3. Police Lieutenant General Pharnu Kerdlarpphon and 4. Mr. Wattana Tiengkul. (SET, 09/06/14) […]
Read More →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 →BEAUTY BEAUTY open to more foreign partners as it hopes this will put it in the lead in the ASEAN hub. The company plans to invest Bt200mn to open 78 new branches to help bump profits up by 20% a year. It said that the political turmoil has not harmed performance – sales in April […]
Read More →ARROW ARROW continues to grow in high season 4Q13 — ARROW says that clients are making many orders. It expects 2013 revenue growth of 13-15% YoY, below its earlier target at 20% YoY and is also building a new factory. (Khao Hoon, 12/12/13) BTS 8% YoY growth in passengers this year — BTS expects passenger […]
Read More →BAFS 10% growth in fuel sales in November — BAFS reports fuel sales of 435mn liters in November, up 10% YoY. 11M13 sales increased to 4.49bn liters due to more flights. (Khao Hoon, 9/12/13) Comment: This company can essentially be seen as a bond that grows with the increased traffic at the Bangkok Airports ECF […]
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