AJD AJD says 2Q14 revenue above Bt363mn, supported by stronger sales of electrical appliances due to its promotions. It reaffirms that it expects revenues this year to triple from last year’s Bt1.65bn with Bt4bn to come from sales of set-top boxes. (Thun Hoon, 01/08/14) Comment: Their stock price has been performing incredibly well over the […]
Read More →AMATA AMATA reports that it is negotiating to sell 700-800 rai of land to Chinese, European and American investors. It expects the deal to be concluded soon. It also said 2Q14 earnings will be better than 1Q14 due to an increase in booking land transferred. (Kao Hoon, 31/07/14) Comment: Still a safe simple recovery play. […]
Read More →AAV AAV’s bookings down 15% due to the coup. The CEO says the airline has seen a significant decline in Chinese clients, but domestic traffic continues to support operations. Khon Kaen, Nakorn Panom, and Naratiwat flights have a load factor of 90%. It will control costs and postpone client base expansion to handle the drop […]
Read More →BBL Management says 1Q14 loan growth was slightly negative consistent with the slowing economy. Loan growth is expected to be positive in 2Q14 and 5% in 2014. It expects Thai GDP growth of 3% YoY, supported by exports. (Khao Hoon, 16/4/14) Comment: Every bank will have poor loan growth in the 1Q14, question is how […]
Read More →BCP Bangchak’s solar sprint – The mostly state-owned oil refiner Bangchak Petroleum Plc says its third phase solar project in the Northeast is ready to feed power to the national grid one month ahead of schedule, signaling higher future revenue than expected. (Bangkok Post, 26/03/14) Comment: The only sunny thing in the entire energy sector […]
Read More →BECL BECL expects revenue growth of 5% YoY in 2014 after a rise of 2% YoY in toll collection in Jan and Feb. It is confident that highway traffic will expand in the rest of 2014. It also expects additional 10,000 cars per day after Asoke 3-1 highway opens. (Thun Hoon, 25/03/14) Comment: A good […]
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 →ANAN ANAN expects to report Bt1.5bn in revenues in 1Q14, a 50% increase YoY, supported by booking revenue from its condo, Ideo Mobi 4. (Khao Hoon, 17/03/14) AOT Phase 2 to move as planned — AOT says that Phase 2 of Suvarnabhumi airport worth Bt62.50bn will go as planned. It will draft the TOR this […]
Read More →IRCP IRCP expects both revenue and net profit growth of 30% YoY. It continues to bid for jobs related to digital TV network. It recently received work from CAT and Thai PBS worth Bt100mn, bringing backlog to Bt600mn. It is negotiating with a partner to get into the set-top box business. (Tun Hoon, 04/02/14) IVL […]
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 […]
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