AOT AOT reports FY2018 passenger pass-through of 139.52mn, +8%YoY. Flight volume was 875k. Suvarnabhumi handled 62.81mn passengers above capacity and Don Muang Airport had 40.56mn more than its capacity. Management says Chinese passengers numbered 19.79mn, +21.8%YoY. (Kao Hoon, 31/10/18) Comment: What slow down in passenger numbers?  BTS BTS says subsidiary BSR will submit an application […]

Read More →

AH AH expects 2H18 revenue to be outstanding, supported by automotive demand growth. It expects 2018 revenue to reach its target. (Thun Hoon, 27/9/18) AOT AOT is asking for approval of a Bt7bn budget for three investment projects. Nitinai Sirismatthakarn, the President, said the second phase expansion of Suvarnabhumi has progressed and the design contract […]

Read More →

BM BM expects 3Q18 results to be outstanding, supported by new orders. It is confident that revenue will grow by 10-20% to reach Bt1bn. Backlog is Bt500mn, all of which will be booked as revenue this year. It plans to launch a new product. It was awarded a project bid from DTAC to set up […]

Read More →

CHAYO CHAYO has set up a subsidiary to provide loans to borrowers in EEC in 4Q18. It will benefit from entering the Pico finance business after the Finance Ministry gave its approval. It expects 2H18 revenue to grow after acquiring debt from banks. It expects its debt portfolio to reach Bt39bn and targets 2018 revenue […]

Read More →

EASTW EASTW is preparing to sign a water sales contract with GULF on Aug 24 to supply 60k cubic meter per day. The contract period is 25 years, worth Bt6bn. This will increase EASTW water sales volume. (Thun Hoon, 20/8/18) GCAP GCAP plans to adjust 2018 loan target from Bt1.8bn. The outcome will be clear […]

Read More →

AEONTS AEONTS reported 1QFY18 net profit of Bt928mn, increasing 50% YoY. (Kao Hoon, 12/7/18) Comment: This has beaten everyone’s expectations.  BKD BKD reports a record high of backlog of Bt2bn, with Bt1.4bn to be booked this year. It plans to bid for projects both inside and outside Thailand. (Kao Hoon, 12/7/18) CHAYO CHAYO announced the […]

Read More →

EFORL EFORL shareholders approved a capital increase via private placement of 16,108mn shares to a group of investors led by Mr. Vichai Tongtang. The funds of Bt644mn will be used to expand its medical equipment business for cosmetic surgery. (Kao Hoon, 22/5/18) Comment: Well done that’s changing the story of this holding co JWD JWD […]

Read More →

Potential Changes to the SET50 and SET100 These names have not been confirmed yet but brokers are expecting that these will be the changes. SET50 Expected Additions: BGRIM, DELTA, ESSO, KTC, RATCH Expected Deletions: BCP, KCE, PSH, TPIPP, WHA SET100 Expected Additions: BLA, ERW, MBK, PRM, PTL, RS, THANI, VGI Expected Deletions: ANAN, BA, BIG, […]

Read More →

AH AH expects 2H17 performance to benefit from auto sales recovery. It expects 2017 revenue to grow 5% YoY. The company expects to finalize on its overseas partnership within this year. (Kao Hoon, 23 /6/17) Comment: How is 5% revenue growth a recovery? Domestic automotive sales are still far below the peak in 2012 and […]

Read More →

ABC ABC is talking to a prospective partner in China to provide WeChat Pay service in Thailand. It continues to improve its back office with the goal of improving its data management. It plans to develop an e-wallet application to meet the needs of the new generation. (Thun Hoon, 24/05/17) Comment: Not sure I would […]

Read More →