AAV AAV reported 4Q18 loss of Bt358mn caused by rising fuel price. 9M18 earnings were Bt340mn, 66%YoY. Passengers grew by 4%YoY in 3Q18. (Kao Hoon, 13/11/18) Comment: And oil prices still aren’t even at all time highs. Part of suspects a decent turnaround in airline earnings in 12 months after all the news is done…as […]

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ASK ASK expects 4Q18 loans to grow in line with economic expansion It expects loan growth of 10- 15% from last year’s Bt30bn. It expects NPL ratio to reduce to 2% due to loan quality improvement and strict debt collection. (Thun Hoon, 7/11/18) BBL BBL targets loan growth of 5% next year driven by government […]

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BAY BAY doubles capacity for mobile banking transactions. Bank of Ayudhya (BAY), the country’s fifthlargest commercial bank by assets, has doubled its mobile banking transaction capacity to keep pace with booming online volume and to comply with Thai Bankers’ Association (TBA) measures to prevent a future system crash. (Bangkok Post, 29/10/18) COM7 COM7 expects 4Q18 […]

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DOD DOD is preparing for 3Q18 budget approval. It expects growth in 4Q18, supported by increase of OEM orders It expects revenue to be strong this year and it is preparing to set up a second raw material extraction plant in November-December. (Kao Hoon, 17/10/18) DTAC DTAC subsidiary DTN submitted a bid for 900Mhz spectrum […]

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ASAP ASAP says local funds are interested in investing in its company. Management plans to ask the board to approve a budget for fleet expansion, supporting the growth in car rental demand. It expects revenue growth of 25% this year. (Thun Hoon, 24/7/18) Comment: Still the same target as set out 2 years ago. Only […]

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ACAP ACAPs share price has increased 31.66% over July 10-16. Management says that all is proceeding as planned, with a target of loan extensions of Bt5bn this year. It already loaned Bt3.8bn in 1H18 and expects 2H18 to be better than 1H18. It is preparing to list its subsidiary on mai. (Thun Hoon, 18/7/18) AKR […]

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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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