BEM: kick-off trial run of Blue line extension, 14km 5 stations from Jul 29 till Sept 28, 13km elevated stretch from Tha Phra to Bang Sue North Bkk on track to cod next yr. DIF: issue new units to raise Bt15.8b via offering 9.4:1 at Bt15.9 apiece, XB (excluding other benefit) upcoming Fri (Aug 2), […]

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FPT: board approves disposal of 6 warehouses into FTREIT worth Bt 637m, expects to bk Bt 302m gains from assets sales. Comment: We’re seeing figures that warehouses specifically HREIT (from WHA) are now beginning to see increases in their occupancy numbers as a result of Chinese companies moving to Thailand MDX: reaffirms solid 2Q from […]

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AAV adds new route to Sihanoukville beach town in Cambodia, 4 weekly flights on route from July 1. Comment: Gotta love Airasia they really are everywhere and as a customer I love it. Has anyone else noticed how strong they are selling ad space on their planes? In the cabins? How they are selling food […]

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AMATA reports 40 acres IE land sold for Jan-Feb, expects big jumps from +30% repricing and tailwind from utility biz. Comment: Seeing is believe, 40 acres is…nothing, and far below what they’ve been saying they would achieve for the past few years ASIAN upbeats FY19 earnings from healthy demand for pet food, in talk partners […]

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ATP30 ATP30’s management targets revenue growth of 10% this year, focusing on customers in industrial estates. It is working hard to widen margin via cost control with target margin of 27%. It will provide service to a new customer in February. It plans to purchase ten service buses this year. (Thun Hoon, 22/1/19) Comment: Rather […]

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AOT AOT says plans to invest Bt120bn in second airports for Chiang Mai and Phuket. It expects to get board approval on May 25. On April 25, the AOT board approved a decision to accept a contract to manage four more airports (Udon Thani, Sakon Nakorn, Tak, and Chumporn) for the Department of Airports. This […]

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A A targets 2018 revenue and presales growth of 30% and plans to launch 11 projects valued at Bt7.92bn. (Khao Hoon, 08/03/18) Comment: A rather odd stock given its consistent straight up movement over the past 7 years, but given that fact they are planning to launch this number of projects, arguably justifiable valuations here. […]

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BTS BTS targets 2019-21 revenue to grow by 25-30% on average from 2017, grounded in solid gains in its skytrain, advertising and real estate businesses. It will book an extraordinary gain of Bt2bn after completing the transfer of property, which it expects to finish in March 2018 . (Thun Hoon, 21/11/17) Comment: And if more […]

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ANAN ANAN posted 2Q17 earnings of Bt279.46mn, +33.22%YoY with a 29.9% growth in revenue to Bt3.75bn. Its board approves a dividend of Bt0.06/share, XD on August 18. (Khao Hoon, 8/8/17) Comment: 1/3 above consensus and yet the price doesn’t move.   BIG BIG says 2H17 earnings will be better than expected, driven by store expansion. It believes […]

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A A targets 2017 revenue growth of 38%. It plans to launch 11 projects worth Bt24bn. It is budgeting Bt1bn to acquire land. (Kao Hoon, 22/03/17) Comment: Still one of the most impressive stock charts I’ve seen.    BEM MOT confirms that there is no problem regarding the MRT Blue Line extension. The cabinet has […]

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