AAV AAV reported strong ticket presales for 3Q17. The company is increasing its flight routes to boost sales. It expects to add four more routes in 2H17 which will push up passenger numbers to over 19.5mn and support 16% revenue growth YoY. (Thun Hoon, 20/6/17) ADVANC ADVANC will sign 2100 MHz with TOT this year […]
Read More →AH AH will invest Bt3.52bn to take 25% of Sakthi Global Auto Holdings Limited (SGAH). Funding will come from US$25mn in cash and US$75mn in loans from financial institutions. After the purchase, SGAH will undergo restructuring. (Kao Hoon 26/05/17) Comment: I hope that it won’t be a mess of an acquisition like the KPN purchase […]
Read More →AH AH plans to expand abroad to boost revenue. It targets to complete one deal this year. It expects continued growth in 2Q17 performance after the 50% net profit growth in 1Q17. Behind this is numerous orders and profit sharing from associated company. (Thun Hoon, 18/05/17) Comment: zzzzz, if there is ever a change a […]
Read More →ASAP ASAP expects 1Q17 net profit to reach Bt29mn, up 60%, brought by more cars for rent. It expects profit in 2Q17 to continue to grow. (Kao Hoon, 08/05/17) Comment: With KCAR becoming popular again (seems to happen 1x a decade) I’m not surprised to see that ASAP may benefit from additional news flow despite […]
Read More →ABC ABC plans to invest in WeChat Pay project, a mobile payment application for Chinese tourists. It expects this to contribute revenue of Bt1bn/month. It plans to partner with department stores and is looking for other partners as well. (Kao Hoon, 07/03/17) Comment: Where does the news get these magical #’s from? APCO APCO […]
Read More →AAV AAV targets 19.5mn passengers in 2017 and expects load factor of 84%. Going forward, its strategy is to expand its route network to new potential markets including CLMV that will balance revenue contribution which at this point is heavily reliant on the China market. It plans for the expansion to eventually lower the revenue […]
Read More →AJD AJD and partners set up two subsidiaries and is taking a stake of over 50%. It expects this to provide growth as well as lower risk from core business. (Thun Hoon, 25/01/17) AOT AOT expects passenger pass-through to reach 3.87mn with 23,000 flights on Chinese New Year. It says tourists from China dropped to […]
Read More →AKR AKR targets 2017 revenue growth of 40% to Bt2.3bn on the back of transfers. It plans to expand abroad. It expects projects in the Philippines and Indonesia to contribute revenue this year. It targets 10% growth in sales from ASEAN in 2016. (Thun Hoon, 17/11/16) ARROW ARROW targets 2017 revenue growth of 10-15% to […]
Read More →ALLA ALLA closed 18.8% above its IPO price on first trading day. It plans to use the funds of Bt432mn to repay debt, build a warehouse and expand business. (Kao Hoon, 09/11/16) Comment: Compared to other smaller IPO’s this was a relatively weak opening the co. AP AP expects to transfer seven new projects […]
Read More →ALLA ALLA plans an IPO of 150mn shares. The price will be set by the end of October. It expects to trade on the SET in mid-November. It will use the funds to build a warehouse, expand its factory, invest in a JV in Indonesia and as working capital. (Kao Hoon, 19/10/16) Comment: Another small […]
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