AOT AOT revises down investment for Suvarnabhumi Phase 2 by Bt10bn from Bt62bn. The bidding will begin at the end of this year. Revenue is expected to grow 15% this year because of the increase in passengers. The Ministry of Finance is requiring a higher dividend but this does not affect its performance. (Khao Hoon […]
Read More →ABC ABC expects shareholder approval to increase capital and list ABC-W2. The company hopes to use the capital to expand its property business. It has land of over 4,000 rai in Hua Hin. It is ready to push M-Commerce business to be its main source of revenue in the future. (ThunHoon, 23/04/15) Comment: So this […]
Read More →AGE AGE expects 1H15 to turn around on the effect of its cost controls. It has set its target coal sales volume at 3.45mt, which could boost revenue to Bt7bn. The company expects 1Q15 sales volume to be flat YoY. Its biomass power plant is scheduled to commence operations in late 2015. (Thun Hoon, 31/03/15) […]
Read More →ADVANC ADVANC ready to bid for any license and on any spectrum available. The firm says the increase in small cells means its network capacity can serve up to 50mn subscribers. Currently, ADVANC has about 44.3mn subs. The firm has launched a new service so called “Beat Banking” to drive data growth this year. (Kao […]
Read More →ANAN ANAN reported strong profit growth of 60% YoY in 2014 to Bt1.3bn. The company will pay a cash dividend of Bt0.068/share, XD on Apr 21. ANAN expects revenue to reach Bt11bn on backlog of Bt27bn. Twelve more projects will be launched with total project value of Bt32bn. (Kao Hoon, 27/02/15) Comment: And yet still […]
Read More →AQ AQ plans to write off accumulated loss and is ready to start paying dividends if they can turn a profit in 2015. The firm has set a 2015 revenue target of B2.5bn and will go ahead with the launches of nine projects worth Bt8bn. (Kao Hoon, 25/02/15) Comment: This is one turnaround story that […]
Read More →AIE AIE says it will conclude a business cooperation agreement with a new partner by 3Q15. (Khao Hoon, 12/2/15) CSS CSS talking with board to split par to Bt0.10. Its energy business is doing very well, thanks to a good partner, Prime, which holds a PPA for 200MW solar energy in Japan plus several projects […]
Read More →AOT Flights and passengers up over New Year — AOT reports its statistics during the New Year holiday season (11 days) for six of its airports: total flights during the period were 22,218, up 9.4% YoY, and total passengers hit 3.6mn, up 15.7%. (Kao Hoon, 12/01/15) Comment: And this despite everything that has happened to Thailand in […]
Read More →AGE AGE will issue Bt1bn worth of debentures sometime in 1Q15. It plans to use the proceeds to invest in 10 biomass power plant projects with a total capacity of 100MW. It also set a revenue target of Bt9bn for 2015, up from the expected Bt7bn in 2014. (Kao Hoon, 06/01/15) Comment: This a positive […]
Read More →ABC ABC preparing to negotiate with a partner in Japan. Management also reports that 2-3 local institutional investors want to buy shares due to its interesting fundamentals. The company has set a revenue target of Bt800-900mn in 2015 as its E-commerce business will launch point redemption with budget of Bt50mn to support company’s growth. It […]
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