AOT The cabinet gave the green light to AOT to solve the problem regarding the food supply for the airlines to have at least two operators. AOT are allowed to use the Suvarnabhumi airport as the hub and then distribute to other airports. AOT will share 12% of its revenue per month. (Kao Hoon, 6/6/18) […]

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BAY BAY to expand to more global companies. Following an impressive loan growth of 14.5% in 1Q18, BAY plans to expand its client base from Japanese clients to other global companies. Its key business strategy is to support businesses in the Eastern Economic Corridor (EEC). (Kao Hoon, 31/5/18) Comment: I still think that this bank […]

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AOT AOT is expanding its airports in Chiang Mai and Phuket with a budget of Bt120bn to support rising traffic, both domestic and overseas. (Thun Hoon, 28/5/18) BAY BAY management said that SME loans grew nicely at 2-3% YoY in 4M18 and is maintaining its fullyear target growth of 11%. Bad debts will be controlled […]

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ASIAN ASIAN management expects a 2Q18 earnings turnaround supported by strong order flows, a new production line and baht depreciation against the US dollar. The company has Bt1bn budgeted for M&A for business expansion and long-term growth. Its dog and cat food under the new “Maria” brand is expected to bring Bt100mn in revenue next […]

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ABM ABM closed at Bt2.52, 40 %above IPO price on the first day of trade .The company will spend Bt135mn to expand its palm kernel warehouse, build wood pallets )for biomass power plant (and expand the sawmill . Management said lots of orders will underwrite 2Q18 sales growth of 30 %to 22,000 tons/month and it […]

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AP AP plans to launch new 3three projects worth Bt3.1bn. It expects mid-to-high end property market will be strong. (Khao Hoon, 27/4/18) BAY BAY said it has no M&A plan. Fee war is expected to affect its own NII around 2-3%, but it says it has other ways to make this up. (Thun Hoon, 27/4/18) […]

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BAY BAY targets corporate loans and deposits to grow by 6-8% this year in tandem with projected GDP growth of 4%. It targets SME loan growth of 14% in 2018 and expects this growth to reach 20% in three years. It says its NPLs remain low compared to peers and views the establishment of banking […]

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AMATAV AMATAV reported 2017 earnings of Bt422mn, up 585% from last year thanks to booking Bt642mn from land sales, implying growth of 81% and driving total revenue to grow 30% to Bt1.17094bn. At the same time, it cut expenses by 40%. (Khao Hoon, 14/02/18) Comment: And this should continue for vietnam over the next 3-5 […]

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BAY BAY targets 2018 loan growth at 6-8% and it believes performance will be better than last year’s in tandem with economic recovery. It will maintain NPLs under 2.5% and coverage ratio to be at least 140%. It has budgeted Bt20bn for a three-year investment in technology (2018-2020) in order to expand to digital. (Thun […]

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BAY BAY reports 9-month net profit of Bt17.5bn increasing by 7.9% from last year as a result of an increase in interest revenue and revenue from fees. It believes loans will grow by 6-8% this year as the economy recovers. (Thun Hoon, 20/10/17) Comment: Shame about the free float, otherwise this bank would be trading […]

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