AOT target 7-8% revenue growth FY20, expects passenger arrival +5-6% yoy, seeks to boost revenue from cargo business and non-aero revenue to balance revenue mixed, expects to kick-off airport city projects next year. Comment: International passenger arrivals continue to rock and roll, its the domestic traveler #’s that are declining rapidly. The Government is focused […]
Read More →EPCO will book Bt500m extra gains from disposal of SPM shares to BGC in 4Q, 17mw pp to cod in December lifts total to 550mw by end of year, board to approve JV 700 mw Vietnam power projects (550mw wind & 150mw solar) on Thursday (Nov 14) Comment: EPCO trying to realise its value? Dodgy […]
Read More →ADVANC cleared the air with TOT over tower ownership produced during the concession period, agreed to rent tower from TOT for 10 years for Bt28b, expects Bt800m average annual cost saving p.a. from dispute settlement. Comment: Small #’s but still a positive news for the company AMANAH sees record high in 3 years in 3Q […]
Read More →ANAN’s CEO, Chanond, sold 11.89% stake or 396.21m share to his Ruangkritya family members as part of internal reshuffling, leaving him with 38.98% stake. DIF may sell new units @ Bt15.2, a 15% discount to previous close, while TRUE to pocket extra gain in 3Q from selling assets to DIF, Tabloid. KKP anticipates big jumps […]
Read More →BGRIM to COD 3 solar farm projects in Vietnam with 677MW capacity in June, confident of achieving 15-20% revenue growth target this year, eyes 2-3 SPP deals in Thailand by end of-3Q. BTS expects skytrain ridership +4-5% after cod Lat Phrao Intersection station (N9) next to Central Ladpral mall and TMB HQ in 3Q.Comment: I’ve […]
Read More →ANAN to launch hi-end projects, IDEO Q Phahol-Saphankhwai, 39 storeys 1,119 units, pre-sales kick off May 25-26. Comment: If these pre-sale numbers are higher than what the market expects, then…? It is trading at 5x but without a doubt the real estate market has weakened BGC mulls M&A film & paper packaging business, seeks to […]
Read More →BBL: anticipates 2Q turnaround after loans shrink 1Q from corporate re-payment expects NII recovery from bancassurance and mutual fund business, maintain 4-6% full year loans growth target, Bt 20b LLP flat yoy. Comment: They are the best bank atm….a race to the bottom for the industry? BJC: sees positive earnings momentum 2Q from additional packaging […]
Read More →Here’s the headlines from companies during the holiday period – no comments Stocks in the news (crd, itel, ktb, ktc, maco, meta, ocean, ptt, tasco) 24.12.18 CRD CRD expects many jobs next year, especially from private entities. Management targets revenue of Bt1.6-1.8bn next year from the expected Bt1.3bn this year. It expects backlog to reach […]
Read More →AIT AIT reported 3Q18 earnings of Bt61.8mn, -50%YoY. It expects revenue to drop and costs to stabilize next year. Backlog is Bt2.2bn. It is bidding for new projects to raise backlog. (Kao Hoon, 8/11/18) Comment: The traditional IT sector in Thailand has been dead ever since the military came in. ATP30 ATP30 reported 3M18 earnings […]
Read More →BEM BEM notified arbitrator that the Expressway Authority of Thailand (EXAT) already paid the premium difference between the Chalerm Mahanakorn and the Si Rat Expressway toll plus interest. There are many cases that BEM expects to win. (Thun Hoon, 1/11/18) Comment: Well EXAT did just make a bucketload from TFIFF… so was that used to […]
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