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 →BTS Expects extension to bring in 30-40% more riders — BTS says it expects the Silom-Bangwa extension will add 30-40% new users. VGI will get additional revenue from more commercial space. (Khao Hoon, 06/12/13) Comment: The addition of the extension is positive news for the co, went to check it, now the question is what […]
Read More →BMCL SRT advised not to take BMCL rights offer — The SRT’s financial advisor has concluded that SRT should not inject equity into BMCL, as it will remain in control despite the dilution of its holding to 14% if it does not take the capital increase rights offering. SRT will host a meeting today to […]
Read More →EPCO Profit up 335% YoY in 9M13 — Eastern Printing announced 9M13 net profit of Bt112mn, growth of 335% YoY. It expects 2013 revenue to rise 30% with a 160% jump in net profit. It expects to book a dividend from Bor-Ploy Solar of Bt57mn in 4Q13. (Khao Hoon, 13/11/13) CENTEL Centel posts explosive profit […]
Read More →AOT AoT plans to increase airport taxes next year to cut its losses – The board of Airports of Thailand Plc (AoT) plans to raise its passenger service charge from 100 baht to 200 baht for passengers on domestic flights and from 700 to 800 baht for passengers on international flights to cut its losses. […]
Read More →DCC Releases 3Q13 and announces dividend — DCC 3Q13 net profit was reported at Bt295mn on revenue of Bt1.7bn. In the 9M13, net profit came to Bt1.1bn. It has announced a dividend of Bt0.72 per share. (Khao Hoon, 24/10/13) Comment: It was and continues to be one of the easiest plays for upcountry growth in […]
Read More →AMATA Sandbagging its IE — AMATA has prepared 500 “big bags” to protect the factories in its IE and is closely watching the flooding situation, after Nari typhoon pushed water levels up to 30-40cm on roads around Phase 1-3 factories. In phrases 7-9 it is pumping at full capacity and is prepared to deal with […]
Read More →BCP Says 3Q13 exceeded Bt1.1bn — BCP says 3Q13 net profit will exceed Bt1.1bn, with inventory gains of over Bt900mn. The company’s year-end EBITDA target is Bt9.6bn. (Khao Hoon, 16/10/13) HMPRO Says sales growth to reach 15% YoY — HMPRO is confident that sales will increase by over 15% YoY, and 2H13 profits will improve […]
Read More →AOT 20% growth in September passengers — AOT announced that passengers in Sept grew by 20.43%, with number of passengers in Suvarnabhumi airport exceeding 50mn. (Tun Hoon, 07/10/13) Comment: Thailand is still attracting tourists at a fast growing pace BMCL BMCL board okays recapitalization plan – The board of Bangkok Metro Plc (BMCL) has approved […]
Read More →CHO Free warrants — CHO plans to offer free warrants to existing holders, in hope to bolster its capital base. The company is to propose and wait for the shareholder’s approval at the Extraordinary General Meeting of Shareholding on Oct 16. (Khao Hoon, 23/09/13) Comment: Every thai trader/shareholder loves free stuff. DTAC DTAC sees large […]
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