Admin Court issued a verdict dismissing claims by TOT against DTAC (Bt246b), TRUE (Bt59.6b), ADVANC (Bt5.45b) on access charges. Comment: And thats a boon to all the major players esp DTAC  AOT cut FY19 revenue growth target to 5% from 10%, revised down full year tourist arrival growth target to 5-6% from 6-7% from impact […]

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 →

AOT to seeks Treasury Department deal to extend the remaining 14-year land lease contract to new 30-year contract, to accommodate upcoming concession bids for duty-free and commercial areas. DOD denied rumors its major shareholders were dumping share, sees return to profit in 1Q, mulls at least 5 investment projects. KBANK estimate JV with LINE Corp, […]

Read More →

Notable Transactions With earnings season/reporting over, directors and management were buying back. Buy(s) THB 154 mn JKN – She/he continues to buy shares in JKN – Whatever happened to that supposed share sale to another investor… THG – And he still continues to buy shares in his name since IPO Sell(s) THB 38 mn N/a

Read More →

AOT to propose plan to build 2nd terminal at Suvarnabhumi to Transport Min next week, citing urgent need as total passengers this yr is expected to reach 70m, vs 45m capacity. Comment: Although when you walk around the airport you’ll see that they could simple man each desk at immigration and the security lines and […]

Read More →

ALT ALT in JV with RATCH in underground cable optic investment. ANAN ANAN to spend up to Bt8b to buy land for the development of 10 residential projects worth Bt38b +42% yoy, Bt36b presales +14% yoy, and Bt36b +9% transfers, to focus more on mid to upper-end segment. Comment: Fact remains, last year they hit […]

Read More →

Notable Transactions Note: As requested by a follower you’ll see the last closing price, 52 week high/low Buy(s) TC – A swap between the shareholders THG – He just seems to be happy continuously buying back all the shares he put on the market last year JKN – And the founder is buying shares, its off some 25% from where he/she sold shares to the founder of BCH Sell(s) […]

Read More →

BSM BSM expects revenue of more than Bt1bn, up sharply from 2018 expected revenue of Bt640mn. It will enter into the property development business and plans to launch one project each quarter with value around Bt350-400mn per project. It will focus on Central Business District (CBD). (Thun Hoon, 17/1/19) CIMBT Kittiphun Anutarasoti temporarily suspended as […]

Read More →

CMC CMC expects 2018 earnings to be a record high with revenue of Bt2bn expected. In 1H19, it plans to launch five property projects with total value of Bt5bn. It expects presales of Bt5bn this year. (Kao Hoon, 9/1/19) III III expects revenue growth of 15-20% this year and has set capex of Bt500mn to […]

Read More →