PPRP Coalition ‘Imminent’: Chuan’s selection as house speaker points towards make-up of next govt. Democrat Party list MP Chuan Leekpai was voted House Speaker yesterday, signalling that the Democrats and Bhumjaithai will join the camp led by the Palang Pracharath Party (PPRP) to form a coalition government with deals for cabinet seats already having been […]
Read More →AOT to open bidding envelop for Suvarnabhumi airport’s duty free and commercial area today, among contenders are King Power, BA and ROH. Comment: And by now we all know that King Power has own for Suvarnabhumi ASAP in deal with SCB to provide low interest rates for used-car HP at 2.79% during promo event at […]
Read More →Chief Executive Officer, Mr. Lee Chy Tek Lionel discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestorThailand.com. TET: RML’s strategy has undergone some transformation. Could you explain the details of the company’s new strategy? RML: We found ourselves a good Thai partner with KPN Property to assist in the knowledge of […]
Read More →BGRIM to COD 3 solar farm projects in Vietnam with 677MW capacity in June, confident of achieving 15-20% revenue growth target this year, eyes 2-3 SPP deals in Thailand by end of-3Q. BTS expects skytrain ridership +4-5% after cod Lat Phrao Intersection station (N9) next to Central Ladpral mall and TMB HQ in 3Q.Comment: I’ve […]
Read More →That’s the amount that was traded on the Stock Exchange of Thailand yesterday, an all time high. Why? It was the MSCI re-balancing day and therefore a lot of funds had to be moved around. Is there a real net impact? No as the majority of the trades were done off the market for passive […]
Read More →ASIAN sees big jumps 2Q from strong pet foods sales and OEM order from plant in China, maintain Bt10b FY19 revenue target, Bt13b next year. CNT anticipates recovery 2Q from recognition of construction projects, target to secure at least 20-25% of Bt50b current bidding, 50% of Bt13b backlog to realize this year, firms on 20% […]
Read More →It’s been well advertised that the Duty Fee of AOT is currently undergoing a bidding competition. So here’s what we know: 22 May was the deadline for submission of bids. There were five companies that bid on the 22 May and these are: King Power Duty Free co (the current player) Bangkok Airways (BA) Plc […]
Read More →BTS rpts FY19 (eo-Mar) at Bt2.87b -35% yoy, topped Bt2.79b consensus. GUNKUL signs underground wiring pj worth Bt5.14b, lifts bcklog above Bt7b, eyes 30% rev grwth t/g. MINT in 2-day wait after it appealed with AOT to reconsider its bid to manage commercial activities in Suvarnabhumi airport, but insisted that its prospects have not change […]
Read More →AMATA: anticipates recovery IE land sales 2Q from migration of production-base to TH from China, 70% of Bt 3.7b backlog to realize this year, in talk clients to sell 280 acres land, maintain 402 acres full year target. Comment: What EEC story? BEC: sees 2H turnaround as costs drop aft return 2 DTV licenses, seeks […]
Read More →Notable Transactions Buy(s) THB 104 mn UREKA – Not sure what the director sees here unless there’s a turnaround on the horizon Sell(s) THB 99 mn HMPRO – That’s another massive sale (THB 82 mn) by the Chairman
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