AOT to open bidding envelop for Suvarnabhumi airport’s duty free and commercial area today, among contenders are King Power, BA and ROH. Comment: And by now we all know that King Power has own for Suvarnabhumi ASAP in deal with SCB to provide low interest rates for used-car HP at 2.79% during promo event at […]
Read More →BA SEC punishes top BA shareholders. The Securities and Exchange Commission (SEC) has imposed fines totaling Bt500mn against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation. (Bangkok Post, 19/1/19) Comment: Isn’t it silly? Not the SEC, the founder(s) of BDMS and BA. Their official paper net […]
Read More →ASAP ASAP insists that it will not increase capital, even though D/E ratio is high. The jump in interest expense pushed share price down, but it said this is the nature of a leasing company. It says customers trust it and banks provide support. It is studying the issue of debentures of a minimum of […]
Read More →ANAN ANAN says the new BoT mortgage loan rules does not impact its business because its condos are priced below Bt10mn and it targets mid-income customers who are able to pay a high down payment. It also says all hybrid bonds are sold and met target proceeds of Bt2bn. (Thun Hoon, 8/10/18) Comment: The one […]
Read More →ADVANC ADVANC is implementing new upgrades to its “superblock” bandwidth structure, aiming to reinvigorate the country’s largest mobile operator as it faced stagnant subscriber growth the past few years because of a saturated mobile market. It claims the new superblock will help boost service speeds by 30%, while accommodating up to 52 million customers. (Bangkok […]
Read More →AGE AGE expects high season in 4Q18. It has 500-666k tons of coal prepared to send to customers. It expects sales volume to reach 3mn tons after it sold 1.8mn tons in 1H18. (Thun Hoon, 13/9/18) Comment: Well..ok but I don’t see much happening here regardless, and the #’s aren’t showing much either. AMATA AMATA […]
Read More →AGE AGE says earnings will be a new high this year, driven by a rise in local and foreign orders, especially from Vietnam and Cambodia. It says 4Q is a high season and targets 2018 revenue growth at 20-25%. (Thun Hoon, 3/7/18) ARROW ARROW expects 10% revenue growth in 2Q18 and expects 2H18 earnings to […]
Read More →BGRIM-GLOW The Energy Policy Committee is considering renewal of SPPs that expire in 2017-2025. The renewal would be for three years, which is fewer than hoped. BGRIM and GLOW will be benefit from this renewal plan. (Kao Hoon, 27/6/18) Comment: I don’t have many positive comments on the EPPO nor the Ministry of Energy at […]
Read More →ARIP ARIP arranged a 2nd event on June 21-24 and expected Bt3bn revenue turnover at the event. Management aims to get high-margin projects to continually boost revenue and profit. 2Q18 performance is expected to improve QoQ though 2018 performance is likely to be similar to 2017. (Thun Hoon, 25/6/18) BCH BCH’s 2Q18 earnings are expected […]
Read More →AOT The cabinet gave the green light to AOT to solve the problem regarding the food supply for the airlines to have at least two operators. AOT are allowed to use the Suvarnabhumi airport as the hub and then distribute to other airports. AOT will share 12% of its revenue per month. (Kao Hoon, 6/6/18) […]
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