ADVANC Board approves Bt4.6bn for fixed broadband investment. Management reports that demand for internet has risen to 6.8mn households. It believes in its network coverage and targets 80,000 clients in the first year. (Thun Hoon, 10/09/14) AOT AoT hosts ASEAN airports forum – Leaders of Southeast Asian airport authorities will congregate in Phuket today and […]

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BGH Subsidiary sells shares in Save Drug — BGH says wholly owned Royal Bangkok Healthcare Co, Ltd. has signed an agreement to sell all shares of Save Drug Center Co, Ltd., for Bt380mn. (Kao Hoon, 21/08/14) BLAND BLAND expects to sell the first REIT (for Impact Arena and Convention Center) worth Bt20bn on 8-19 September […]

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ADVANC ADVANC says delay in 4G will not impact performance as it has 15MHz on the 2.1GHz spectrum to support 50mn clients. The company expects 2H14 revenue growth of 2-4% YoY after economic recovery and also entry into the fixed-line broadband business. (Kao Hoon, 18/08/14) Comment: And it has a near 7% dividend yield at […]

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AMATA AMATA reports that it is negotiating to sell 700-800 rai of land to Chinese, European and American investors. It expects the deal to be concluded soon. It also said 2Q14 earnings will be better than 1Q14 due to an increase in booking land transferred. (Kao Hoon, 31/07/14) Comment: Still a safe simple recovery play. […]

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Thai Banks don’t have the necessary balance sheet to compete with China’s, but given that Thai companies are already involved in Myanmar, they need financing, and it would be silly if Thailand’s bank can’t capitalise on at least following their customers overseas. Now should they be able to get licenses in Myanmar by the end […]

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AAV AAV is confident that 2H14 will be in the black because of the calmer political climate. It expects 12.6mn passengers in 2014 and is preparing to take delivery of five new aircraft. (Tun Hoon, 10/07/14) Comment: Been saying for the past few months that AAV will be one of the next companies to improve.  […]

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ADVANC Wholly-owned subsidiary SBN takes 29% stake in IH or Bt3.6mn. It expects this deal will support the establishment of a fiber optics project. (Khao Hoon, 11/06/14) IEC IEC expects net profit growth in 2014 and to eliminate accumulated loss. It expects to pay a dividend in 2015, the first in 15 years, and is […]

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AQUA AQUA accesses warehouse business via 69% in TCDC worth Bt475mn. It aims to increase recurring income and will list it in stock market in the future. Its board has given permission to raise funds via private placement priced at Bt1 per share. (Khao Hoon, 04/06/14) Comment: Look at adding this name to your watchlist, […]

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AJD AJD maintains triple revenue growth in 2014. It is confident it will be in the black in 2Q14 with higher revenue supported by seasonality. It will book revenue from set top box sales in 3Q14 and is aiming to do a joint venture with a Chinese company to access the game market this quarter. […]

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BAFS BAFS maintains revenue growth of 10% in 2014, even though it has reduced volume growth of refueling services to 4.5% YoY from 5% YoY after raising refueling services fee. It will invest in the fuel pipeline for Phase 2 of Suvarnabhumi and will conclude its investment plan in Myanmar and fuel pipeline project in […]

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