AOT The cabinet gave the green light to AOT to solve the problem regarding the food supply for the airlines to have at least two operators. AOT are allowed to use the Suvarnabhumi airport as the hub and then distribute to other airports. AOT will share 12% of its revenue per month. (Kao Hoon, 6/6/18) […]
Read More →AAV AAV targets a load factor of 87% this year, backed by growing Thai tourism. Average fare increased 6% in 1Q18 and the company plans to raise fares to cover rising jet fuel prices. It is expanding its network to India and ASEAN. (Thun Hoon, 5/6/18) BCPG BCPG will recognize around Bt3.0bn gain on sale […]
Read More →AKR AKR is confident that performance in 2Q18 will turn around with continual negotiation on power supply projects with both the government and private sectors .Backlog value is Bt300mn .The company aims to join the solar rooftop project with Bt500-600mn value and expects to know the outcome by 2H18. (Thun Hoon, 4/6/18) Comment: Ridiculously low […]
Read More →Notable Transactions Buy(s) THB 241 mn GULFÂ – He still keeps buying since the IPO (granted he did do one massive block sale within the first few days) RS – He believes in the cosmetic media empire, so do you? BGRIM – A rare public purchase by Link SAWAD – And she’s still of the […]
Read More →Continued weakness with the oil prices = killing 2 of the 3 sectors that has been positive for the past 2 years.
Read More →US farmers up in arms over additives ban. A group of pork producers in the US is petitioning the Office of the United States Trade Representative )USTR (to consider cutting the Generalised System of Preferences )GSP (granted to Thailand, in protest against Thailand’s refusal to import pork containing ractopamine, a cabinet meeting was told on […]
Read More →BAY BAY to expand to more global companies. Following an impressive loan growth of 14.5% in 1Q18, BAY plans to expand its client base from Japanese clients to other global companies. Its key business strategy is to support businesses in the Eastern Economic Corridor (EEC). (Kao Hoon, 31/5/18) Comment: I still think that this bank […]
Read More →AKR AKR expects 2Q18 to be better than 1Q18 given growing demand of transformers from both government and private entities. It has 2-3 deals worth Bt100mn in the works. It will also bid for 10 solar rooftop projects valued at Bt600mn with results in 2Q18. These will give revenue growth of 20% this year. (Thun […]
Read More →AOT AOT is expanding its airports in Chiang Mai and Phuket with a budget of Bt120bn to support rising traffic, both domestic and overseas. (Thun Hoon, 28/5/18) BAY BAY management said that SME loans grew nicely at 2-3% YoY in 4M18 and is maintaining its fullyear target growth of 11%. Bad debts will be controlled […]
Read More →Notable Transactions Buy(s) THB 1.4 bn SUPER – And boom now look at the stock price after SAWAD – Looks like the owners think that the doubling of NPL’s was a one off RS – So this company is now a media player, cosmetics, what else could they do to drive the “value” here? I […]
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