AKR upbeats 2Q from Bt600m backlog pending to realize, expects demand for transformer accelerate in 2H after 4,852mw renewable PPA signed as 1 transformer requires for every mw, will bid project from authorities (MEA & PEA) combined Bt3b in May & Jun, target to win at least 10-15%, firms on 15% full year revenue growth […]
Read More →BA anticipates it will not return to profit until 2024, though it sees investment opportunities in maintenance, repair and overhaul (MRO) services in the EEC for long term growth. Comment: MRO services are a great money maker at scale. The question is whether Thailand will be considered competitive when compared to Singapore and the Philippines. […]
Read More →ACE wraps up deal to buy 3 biomass powerplants with 26.9MW capacity from UWC worth, helping contributed Bt800-900m p.a. Comment: I still look at ACE questionably given the fact that the founder is a police general and likely won the contracts through “relationships” but having followed their calls, they are running a professional shop. AOT […]
Read More →MINT says worst is over in 2Q20, 70% of hotel operations and 90% of restaurants has resumed. Comment: One would hope so. And now with their balance sheet “saved” with the recent cap raise. Each quarter for the next 16 quarters will show constant improvement. MTC sees solid recovery in 2H from school reopening and […]
Read More →AOT expects 92 flights on reopening May 1, psx remains low at 3-4kpd, no plans to cut airport tax. LPN: SSO cut holding by 0.2383% to 4.9791% of total outstanding last Fri (Apr 24), SEC filing. MAKRO upbeats 2Q earnings following debut of mobile app to boost online sales, expects e-commerce continue to grow amid […]
Read More →Banks SCB, KBANK and BBL will reverse provisions, which will raise profit, if IFRS 9 is postponed to 2022. SCB has made provisions of Bt26bn, KBANK Bt34bn and BBL Bt20bn. KTB has set aside Bt40bn provisions and it will book a profit if AQ can liquidate its land and repay debt. (Kao Hoon, 9/5/18) Comment: So […]
Read More →The key changes as of 30 Nov ’17 are as follows: MSCI GLOBAL STANDARD INDEXES THAILAND + none / – 1 (-) BEC MSCI GLOBAL SMALL CAP INDEXES THAILAND +5 / -6 (+) BEC, GGC, ORI, VNT & WHA (-) AIRA, GPSC, NYT, SCN, STPI, THRE
Read More →CSL CSL expects a better performance in 4Q16 than in 3Q16 after recognizing revenue from ICT and IDC (Internet Data Center). It expects 2016 revenue to grow 2-3% as targeted. It plans to invest in IDC to handle new clients. (Thun Hoon, 06/12/16) Comment: Always a good dividend yield from this name but it has […]
Read More →Several brokers sending this out this AM FTSE Global Equity Index Series Asia Pacific ex Japan Regional Index and Japan Regional Index Semi-Annual Review. Constituent changes can be accessed via the attachments below. The changes will be effective after the close of business on Friday, 16 September 2016 (i.e. on Monday, 19 September 2016). Large […]
Read More →The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →