AOT Waiting for cabinet approval — AOT is waiting for cabinet approval of the backup runway project with Multi-Function Terminal with an investment budget of Bt48bn. The PM has confirmed that the government wants AOT to set up an infrastructure fund to help finance its projects. The company’s board meeting will be held on January […]
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 […]
Read More →BTC BTC expects to be in the black in 2014 although it faced net loss of Bt35.53mn in 9M14 and a loss in 2013 of Bt235.64mn due to lower spending. The company plans to improve its profitability to bring performance back to profit and is ready to form a partnership. (Thun Hoon, 17/12/14) CPF To […]
Read More →BCP Bangchak eyes non-oil sales, renewables – Bangchak Petroleum Plc (BCP), a majority state-owned oil refiner and retailer, has earmarked Bt10bn to develop its refineries and expand into non-oil business next year. President Vichien Usanachote said apart from refinery upgrades, Bangchak had looked at non-oil business as a means to rely less on oil revenue, […]
Read More →BEAUTY BEAUTY expects 2015 revenue and net profit growth of 20% YoY as it will invest Bt150mn in a warehouse and employee development and Bt150-180mn in new branches. (Kao Hoon, 27/11/14) Comment: The only consumer name in Thailand that has had positive SSSG, a growth machine, a cash machine its positively surprised me, shows how […]
Read More →ADVANC ADVANC says delay in 4G will not impact performance as it has 15MHz on the 2.1GHz spectrum to support 50mn clients. The company expects 2H14 revenue growth of 2-4% YoY after economic recovery and also entry into the fixed-line broadband business. (Kao Hoon, 18/08/14) Comment: And it has a near 7% dividend yield at […]
Read More →AIRA 150%price surge on first day — On its first day of trading, AIRA’s share price surged by more than 150% to Bt1.88/share from its IPO price of Bt0.75/share. Management reaffirms that major shareholders will not sell their stake as they are in for the long term. (Khao Hoon, 08/07/14) Comment: As expected, small IPO […]
Read More →BGH Issuing bonds — BGH will issue unspecified currency convertible bond worth no more than Bt10bn with a tenure of ~5 years. The company will use the cash to fund investments. (SET, 19/06/14) Comment: Why?! They are net cash, why would the company bother to do this, wouldn’t a normal bank loan be cheaper? Nuts […]
Read More →AAV Thai AirAsia’s Q4 profit falls by 40% – Last year’s fourth-quarter net profit of Thai AirAsia (TTA) dropped by 40% YoY to Bt425mn due to aircraft deprecation costs and higher spending to counter the market downturn caused by the civil unrest in Bangkok. This came despite a 16% increase in revenue to Bt6.50bn and […]
Read More →BJC Sets up Lao subsidiary — BJC said that the company has set up a new subsidiary in Laos named BJC-MPM (Laos) Sole Company Limited, registered on August 14th with capital of Bt103.53mn, to provide consulting service on trading and investment in Laos. BJC-Mpoint International Company Limited, a 51% owned subsidiary of BJC, holds 100% […]
Read More →