AOT AOT fundamentals are strong. It reported 3QFY18 earnings of Bt6.42bn, +19%YoY, and 9M18 earnings of Bt19.9bn, +18%YoY. Passenger pass-through in the first nine months was 106.2mn. (Kao Hoon, 15/8/18) Comment: The china tourism issue is to me, a short term hiccup. Biggest issue for Thailand will be the country’s infrastructure capacity EA EA reported […]

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AOT AOT says Suvarnabhumi Airport phase 2 expansion has progressed to around 30.62%. AOT is speeding up the project and plans to issue the TOR for the baggage belt conveyor and explosives detection system in August. (Kao Hoon, 31/7/18) BIG BIG set up a new subsidiary, Camera Holding, to expand its business. It expects 2H18 […]

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AOT AOT board approved Don Muang phase 3 expansion with investment value of Bt37.5bn. The expansion is expected to complete in 2024 with passenger capacity of 40mn per year. The new terminal is expected to be completed in January 2019. (Kao Hoon, 26/7/18) Comment: Things are moving ahead at AOT despite a delay of 12-24 […]

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AH AH is confident earnings will be good and confirmed the soundness of its fundamentals after the share price fell significantly yesterday. New customers continue to flow in. It expects revenue growth of 3-5% this year. (Thun Hoon, 20/7/18) Comment: If you take out the funny interest that they are receiving from the new Indian […]

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AMA AMA expects 2018 performance to be in positive territory. It plans to raise its freight rates by 5% and benefits from THB depreciation. It targets revenue growth of 30%. In the liquid truck transportation business, it is preparing to add 30 service trucks in 4Q18 (Thun Hoon, 13/7/18) Comment: This company seems to be […]

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AOT Ministry of Transport has given AOT one month to finalize the project to manage four airports to be transferred from the Department of Airports. The proposal will then be sent to the cabinet for approval. If the project is approved, the transfer of operations of these airports to AOT will be completed within one […]

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ABM ABM targets overseas revenue growth of 8% backed by growing demand from new power plants in South Korea and Japan. Its CEO confirmed that it will make profit in 2018 despite a slight loss in 1Q18. (Thun Hoon, 5/7/18) AOT In 9MFY18, AOT’s passenger traffic grew 9.8% YoY and aircraft movement increased 6.4% YoY. […]

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AOT AOT Passenger growth of 9.88% in 8MFY18. AOT said passengers in the six airports that it operates rose to 95.54mn or 9.88% in 8MFY18. Lead tourists were from China, South Korea, Japan, India and Russia. (Thun Hoon, 29/6/18) CHOW CHOW signs MoU with photovoltaic manufacturer. CHOW notified the SET that on June 27, 2018, […]

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AOT Yesterday, AOT opened a new domestic terminal at Phuket Airport that will increase passenger capacity to 12.5 million/year. For its 7MFY18, the company reported passenger traffic growth of 10% YoY to 84 million. (Thun Hoon, 26/6/2018) Comment: Finally this is completed. More expansions coming for AOT ASAP ASAP expects revenue to grow 25% this […]

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AEONTS AEONTS’s loan growth improved YoY, backed by its strong credit card business. It expects the revived economy to enhance the ability for debt repayment, controlling NPLs to 2.35%. (Thun Hoon, 21/6/18) Comment: So all the news last year about the BOT limiting the customer types that can receive credit cards has had no impact […]

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