BMCL Capital raise okayed by shareholders — Shareholders have given approval for BMCL to raise capital by Bt8.55bn and change its rights offering from 5.9:1 (existing: new shares) to 1.39:1 share. Management says that the recapitalization will help strengthen the firm’s financial position by saving Bt640m on interest expense per year. (Khao Hoon, 12/11/13) Comment: […]
Read More →AOT September passenger growth strong— AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12thmonth in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY.(Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →AOT September passenger growth strong — AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12th month in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY. (Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →CHO Free warrants — CHO plans to offer free warrants to existing holders, in hope to bolster its capital base. The company is to propose and wait for the shareholder’s approval at the Extraordinary General Meeting of Shareholding on Oct 16. (Khao Hoon, 23/09/13) Comment: Every thai trader/shareholder loves free stuff. DTAC DTAC sees large […]
Read More →AJP Moved to mai — AJP was moved to the mai market yesterday. The company’s share price surged an astonishing Bt17.57 to close at Bt17.80, a rise of 7,639.13%. In 2010, shares were trading at only Bt1.10/share. In yesterday’s trading, shares were trading the highest and lowest at Bt17.80 and Bt9.85/share, respectively, with a high […]
Read More →Notable Transactions Buy(s) THB 1.1 bn EARTH – Huge purchase of THB 237 mn by the Chairman & CEO GFM – Family transactions IVL – Heinecke, a board member, purchases THB 22mn KKP – A whole bunch of purchases by directors/management NBC – The President buys THB 231 mn PACE – Hmm no comment, purchase […]
Read More →CKP Lower loss QoQ in 2Q13 — CKP reported a net loss of Bt77mn in 2Q13, better than the loss of Bt106mn in 2Q12 but lower than net profit of Bt92.8mn in 1Q13. Behind the negative earnings was a FX loss of Bt246mn vs. FX gain of Bt192mn in 1Q13. Excluding FX impact, its normalized […]
Read More →Lots of transactions happened last month! Notable Transactions Buy(s) – THB 4.4 bn BGH – Massive purchases by the key players of BGH, THB 400 mn worth BLAND – K. Anant back in the fold BTS – K. Keree buy’s back a massive amount, THB 2.3bn, of shares in BTS EPCO – Chairman purchases some […]
Read More →AOT AOT expecting record number of arrivals — AOT estimates the number of passengers passing through Suvarnabhumi this year to reach 50mn, after reaching a record of 170K per day from 150K over the Chinese New Year. It aims to address the airport congestion problem before the completion of Phase 2. (Khao Hoon, 26/02/13) BAY […]
Read More →Market had a so-so second week with news that Temasek was selling off half of its stake in INTUCH which depressed the tech sector, industrials went on a rampage with the expected news of good land sales by both hemraj and amata and ticon selling another tranche of assets to its property fund. Going forward […]
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