AAV TAA flies Krabi-Guangzhou – Thai AirAsia (TAA) is strengthening its network in China with the launch of a new route aimed at the renewed surge in arrivals from the world’s most populous country. Thailand’s largest low-cost carrier will begin non-stop daily service connecting Krabi with the southern-Chinese economic hub of Guangzhou on Nov 6. […]
Read More →BLAND BLAND expects 2Q14 earnings to break a record high with gross profit of Bt7-8bn in the quarter, up 60% QoQ, after reversing provisions set earlier for a court case that has now expired; operating performance was also strong. Its book value is also expected to increase to Bt3.25/share supported by the rise in land […]
Read More →AOT AoT denies plan to buy govt bonds – AoT denied yesterday it is planning to spend its surplus liquidity on government bonds to help the administration raise funds to pay farmers under the rice-pledging scheme. (Bangkok Post, 19/02/14) Comment: Rumours rumours all around which government agency is going to help supply funds. We highly […]
Read More →AP TRIS has rated AP’s Bt1.5bn debenture at A- reflecting strong business position, many varieties of product line, and backlog which supports revenue in the future. (Khao Hoon, 13/1/14) Comment: Had a good discussion with friends about AP, they seem to be limited on the management side to constantly expand their business and thus the […]
Read More →GFPT Earnings to be best in 3Q — GFPT says that 3Q13 earnings will be the year’s best, with 2H13 beating out 1H13. It expects profit to 10% YoY to Bt16Bn. (Khao Hoon, 30/09/13) Comment: Commented here before, wonderful co, and went through the oversupply situation in the past 1.5 years without issues. BBL Admits […]
Read More →AAV Joint venture with AirAsia X — AirAsia X says it has set up a joint venture company with Air Asia Thailand and the advisor to the prime minister called Thai AirAsia X. This is the first time that AirAsia has entered into a foreign partnership. (Khao Hoon, 20/09/13) BEC Ad slots full — BEC […]
Read More →BBL BBL funds CTH with Bt4-bn loan deal, expects strong growth in lending demand from fast-developing sector — Bangkok Bank, which yesterday signed a Bt14bn loan agreement with Cable Thai Holding (CTH), is confident that lending demand from the cable- and satellite-television sector will now begin to flourish due to the development of broadband services. […]
Read More →