AOT Airports of Thailand (AoT) has put the brakes on a second terminal scheduled to be built at Suvarnabhumi airport, pending steps to glean opinions from relevant parties including the International Civil Aviation Organization (ICAO). (Kao Hoon, Comment: And so will AOT decline back down to the price level where it was pre this expansion […]

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BANPU BANPU says it is not affected by Indonesia’s currency crisis. It has continued to invest in coal mines in Indonesia and it expects to increase coal reserves to a 15-year level, supporting demand from AsiaPacific. It expects 2018 revenue to grow 25%, backed by an uptrend in coal price. (Thun Hoon, 7/9/18) Comment: I […]

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ASAP ASAP is applying for a loan from local banks to expand its business. It plans to set up car parks for rent nationwide and a final decision will be made in October. It also plans to franchise “auto park” and the conclusion will be clear in 4Q18. Management expects 2H18 results to be good. […]

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ALT ALT is cooperating with Itron France SAS and has signed a contract for the development of a power network in Pattaya from PEA worth Bt715mn. (Kao Hoon, 14/6/18) APCS APCS expects to sign new projects worth Bt1bn, raising its backlog to Bt3.5bn. It plans to focus more on the construction of power plants and […]

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A A plans to open eight new projects worth Bt7.5bn in 2H18 to boost sales revenue of this year to reach Bt6bn. It will spend more than Bt1bn to acquire new land. (Thun Hoon, 7/6/18) ADB ADB has launched a new product, PVC resin for the medical industry. Sales target for this year is set […]

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BIZ BIZ to join auctions of government and private organizations, aiming to get projects worth Bt200-300 in portfolio. The current backlog is Bt1.46bn. It aims to hit sales growth of 10% this year. Recently, shareholders approved paying dividend of Bt0.08/share. ( Thun Hoon, 23/4/18) CK CK is planning to join three auctions valued at Bt4.3bn. […]

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ANAN ANAN corporates with Ascott in for serviced apartments. It targets four projects in four areas with a total value of Bt10bn. It targets rental revenue in 2021 of Bt1.5bn. (Kao Hoon, 29/3/18) Comment: Part of their long term plan, well telegraphed by management for a few years, but the overhang for now is still […]

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AAV Srivaddhanaprabha family sold back 1,761.58mn or 36.30% of AAV shares to Mr. Tassapon Bijleveld FOR Bt4.70/share, which give it a profit of approximately Bt880mn. After the sale, Mr. Tassapon holds 41.32% and is going to do a tender offer, pricing the shares at Bt4.70. (Khao Hoon, 28/12/17) Comment: Wait they did what? Why buy […]

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ATL ALT approved warrant issue at 4 existing shares for 1 warrant, XD on 12 December. It plans to use the funds to expand its business by investing in telecommunication projects for rent, as it intends to raise the proportion of recurring revenue to strengthen and sustain business growth. (Thun Hoon, 1/12/17) Comment: The key […]

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ADVANC ADVANC says the purchase of CSL shares creates synergy both in terms of revenue and cost reduction and will also strengthen its high-speed internet business. It says it will look at the regulations for the bidding for the 900-1800 MHz spectrum before making a decision to join. Its 2018 investment budget will be lower […]

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