AAV AAV is confident that 2H14 will be in the black because of the calmer political climate. It expects 12.6mn passengers in 2014 and is preparing to take delivery of five new aircraft. (Tun Hoon, 10/07/14) Comment: Been saying for the past few months that AAV will be one of the next companies to improve. […]
Read More →AMATA AMATA sees signs of resumption of foreign investment in Thailand due to easing of the political situation and approvals by the BoI, expected to appeal to European, American, and Chinese investors. It is negotiating to buy 700-800 rai in Amata Nakorn and Amata City industrial estates. It is also waiting for a new government […]
Read More →BAY BAY expects loan growth of 7-9% YoY in 2014 from 13.7% YoY in 2013. It cut its 2014 NPL target to 2.5% after 2.67% in 2013. It says the Japanese hold a 72% stake and the M&A process will be complete in 2014. (Khao Hoon, 10/04/14) Comment: Still decent numbers coming out of Thai […]
Read More →AOT AOT expects FY2014 profit growth YoY on growth in normal operations. It aims to maintain EBITDA margin at 40%. (Post Today, 24/3/14) BCH BCH seeks additions to hospital chain – SET-listed Bangkok Chain Hospital Plc (BCH), the operator of Kasemrad Hospital and World Medical Center, is in talks to acquire three or four hospitals […]
Read More →CPF CPF finds a way to use used vegetable oil to produce Biodiesel B100 in its Saraburi plant. This will help lower its dependence on diesel imports by 1 million liters per year and lower energy costs plus help break the cycle of repeat use frying oil that can cause harm to consumers. (Khao Hoon, […]
Read More →Notable Transactions Buy(s) THB 157 mn NKI – The family buys THB 47 mn, this along with BKI shares being bought by its owner, is the insurance industry picking up? SIRI – The COO buys nearly THB 60 mn, is the SIRI trade back? Sell(s) THB 126 mn ITD – Owners selling another THB 67 […]
Read More →ADVANC PDRC targets AIS in anti-Shinawatra bid- The People’s Democratic Reform Committee (PDRC) kicked off its campaign yesterday targeting businesses believed to be owned by the Shinawatra family. PDRC leader Suthep Thaugsuban announced at a Silom Road rally it was necessary to “destroy” the Shinawatras’ funding sources and the group targeted Advanced Info Service (AIS), […]
Read More →ADVANC ADVANC reported net profits for 2013 at Bt36.27bn, a 4% increase YoY, supported by growth in revenue from internet services. It will pay a dividend of Bt5.75/share, bringing the year’s dividend to Bt12.15/share. This year, it targets service revenue to grow by 6-8%. (Khao Hoon, 12/02/14) Comment: A 4% Increase isn’t much to brag […]
Read More →AOT Passengers down in January. AOT reports that January 13 saw a drop in passengers at Suvarnabhumi to 133,000 or 12.6% from January 12, with the average for January 1-12 at 152,000. On January 14, passengers declined 15% from the average to 129,000.(Post Today, 16/01/14) Comment: a 15% decline thankfully isn’t the end of the […]
Read More →CPALL CPALL enters new year with plan to penetrate online shopping business — CPALL has set up a new company called “Twenty Four Shopping Co Ltd” to cater to modern consumer demand for 24 hour shopping. The company targets sales of Bt4.3bn in the first year. (CPALL, 08/01/14) Comment: Small overall impact on the total […]
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