AOT AOT expects passengers of 89mn (+25%) in the first ten months of the year, implying there has been no impact from the bomb. (Khao Hoon, 02/09/15) Comment: There is an impact, but with the continued increase of mainland visitors (25% of all tourists), it’s incredibly minimal, by year end things will be back to […]
Read More →AIS AIS pushes for joint venture with TOT, Mobile leader wants to rent telecom towers – Mobile leader Advanced Info Service Plc (AIS) has submitted a joint-venture proposal to TOT Plc to operate telecom tower sites after its mutual second-generation (2G) mobile concession expires next month. (Bangkok Post, 10/8/15) Comment: Well they need it given […]
Read More →Notable Transactions Buy(s) THB 451 mn POST – So he’s gone ahead and acquired up to 25% of POST b/c he says he believes in the future and the business today. PF – I still fear a future capital increase by Property Perfect. BA – And he continues to buy more and more shares. Sell(s) […]
Read More →AUCT AUCT revealed that it is studying the business potential abroad. If it is feasible it will begin the business by early 2016 and expects this could contribute 10% to its revenue. Management expects 1Q15 performance TO be strong with revenue growth of 20-40% YoY in 2015. (Thun Hoon, 07/04/15) Comment: Still my biggest regret […]
Read More →AMATA AMATA to join with Labor Department to develop Thailand’s labor market. (Khao Hoon, 03/04/15) BECL BECL’s shareholders okay merger with BMCL. In July, the two companies will hold a joint shareholders meeting. The merged firm is expected to trade in the stock market in August. (Khao Hoon, 03/04/15) Comment: What will be interesting is […]
Read More →AH 10% growth next year – AH has set the revenue growth at 10% next year, supported by the turnaround in auto industry. (Kao Hoon, 9/12/14) Comment: AH is an odd automotive company because of its businesses in the retailing side in M’asia, thus its hard to classify it as a pure automanufacturer. AOT Core […]
Read More →AOT AOT proposing infrastructure fund — AOT will meet with the Ministry of Finance and the SEC next week to discuss setting up an infrastructure fund in order to raise Bt60bn for the construction of Suvarnabhumi Airport phase 2. It expects a decision to be made by December. Brokers and banks are lining up to […]
Read More →AAV AirAsiaGo taps booming middle class – AirAsiaGo, one of Asia’s fast-growing online travel portals, is expediting its expansion in Thailand to catch in on the trend for online travel booking. Yesterday’s announced launch of a US$10mn technology platform, engineered by travel technology giant Expedia, will be instrumental to its aggressive growth plan. (Bangkok Post, […]
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