BGRIM to sign JV with EGAT today to develop 45mw solar floating projects. Comment: Cookie munster #3 (1. IVL, 2. GULF) BJC: Thai antitrust office sets up committee to evaluate impact of Tesco deal to mitigate risk of monopoly. Comment: I wonder which group pushed the government to set this up? CP? Central? It’s the […]
Read More →AOT’s board gave nod to open bid for duty-free pick up counters at Suvarnabhumi and Don Mueang this December. CBG upbeats 2H earnings from new launch Carabao Green Apple energy drink sales, wider margins from in-house canning unit, improved bargaining power, and narrower loss from UK operation, firms on Bt2.3b FY19 revenue target. Comment: So […]
Read More →BEM: kick-off trial run of Blue line extension, 14km 5 stations from Jul 29 till Sept 28, 13km elevated stretch from Tha Phra to Bang Sue North Bkk on track to cod next yr. DIF: issue new units to raise Bt15.8b via offering 9.4:1 at Bt15.9 apiece, XB (excluding other benefit) upcoming Fri (Aug 2), […]
Read More →FPT: board approves disposal of 6 warehouses into FTREIT worth Bt 637m, expects to bk Bt 302m gains from assets sales. Comment: We’re seeing figures that warehouses specifically HREIT (from WHA) are now beginning to see increases in their occupancy numbers as a result of Chinese companies moving to Thailand MDX: reaffirms solid 2Q from […]
Read More →AAV adds new route to Sihanoukville beach town in Cambodia, 4 weekly flights on route from July 1. Comment: Gotta love Airasia they really are everywhere and as a customer I love it. Has anyone else noticed how strong they are selling ad space on their planes? In the cabins? How they are selling food […]
Read More →AMATA reports 40 acres IE land sold for Jan-Feb, expects big jumps from +30% repricing and tailwind from utility biz. Comment: Seeing is believe, 40 acres is…nothing, and far below what they’ve been saying they would achieve for the past few years ASIAN upbeats FY19 earnings from healthy demand for pet food, in talk partners […]
Read More →ATP30 ATP30’s management targets revenue growth of 10% this year, focusing on customers in industrial estates. It is working hard to widen margin via cost control with target margin of 27%. It will provide service to a new customer in February. It plans to purchase ten service buses this year. (Thun Hoon, 22/1/19) Comment: Rather […]
Read More →AOT AOT says plans to invest Bt120bn in second airports for Chiang Mai and Phuket. It expects to get board approval on May 25. On April 25, the AOT board approved a decision to accept a contract to manage four more airports (Udon Thani, Sakon Nakorn, Tak, and Chumporn) for the Department of Airports. This […]
Read More →A A targets 2018 revenue and presales growth of 30% and plans to launch 11 projects valued at Bt7.92bn. (Khao Hoon, 08/03/18) Comment: A rather odd stock given its consistent straight up movement over the past 7 years, but given that fact they are planning to launch this number of projects, arguably justifiable valuations here. […]
Read More →BTS BTS targets 2019-21 revenue to grow by 25-30% on average from 2017, grounded in solid gains in its skytrain, advertising and real estate businesses. It will book an extraordinary gain of Bt2bn after completing the transfer of property, which it expects to finish in March 2018 . (Thun Hoon, 21/11/17) Comment: And if more […]
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