AOT AOT entered into joint venture with SAL to improve parking service and airport equipment. It will hold 49% of the JV. It is looking for new investments. (Thun Hoon, 12/10/18) BGRIM BGRIM signed its Power Purchase Agreement (PPA) with Vietnam’s government. The 257MW plant will start commercial operations on June 30, 2019, boosting revenue […]

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AGE AGE reported that 1H18 coal sales volume broke its target of 1.8mn tons. It expects 2018 sales volume of 3mn tons supported by Chinese imports, which were the highest in 54 months. It has already exported 200k tons coal to China. 2Q18 earnings were Bt46.5mn, +39.25%YoY. (Thun Hoon, 9/8/18) MGT MGT is negotiating for […]

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BKD BKD is waiting for a result of Bt500mn bidding project. Management expects 2H18 operations to grow and plans to bid for new projects with total value of Bt3-4bn. The company maintains its revenue growth target at 20% backed by booking 50% of its backlog (Bt2bn) (Thun Hoon, 17/7/18) DDD DDD targets its revenue to […]

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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 […]

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AAV AAV targets a load factor of 87% this year, backed by growing Thai tourism. Average fare increased 6% in 1Q18 and the company plans to raise fares to cover rising jet fuel prices. It is expanding its network to India and ASEAN. (Thun Hoon, 5/6/18) BCPG BCPG will recognize around Bt3.0bn gain on sale […]

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PTT PTT’s board approved buying TOR documents for the high-speed rail lines connecting three airports, saying this offers future potential growth. It has not decided whether or not it will do a JV. (Khao Hoon, 26/4/18) Comment: Will be the ex-PTT ministers in the government push things PTT’s way? SUPER SUPER shareholders approve Bt36bn bond […]

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CBG CBG targets 2018 revenue to grow by at least 20% from both domestic and overseas markets. It plans to focus on the UK and China and penetrate into Europe this year, as it aims to become a global brand. It is going to negotiate with entities in France, Germany and Switzerland and expects finalization […]

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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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BBL BBL partners with AIA for business collaboration agreement for 15 years, allowing BBL to be able to offer AIA’s life insurance products through its network and other service points all over the country. (Thun Hoon, 16/10/17) Comment: This is a big middle finger towards BLA. So either you think that BBL is doing this […]

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AMA AMA to buy a new ship worth Bt382mn. This is expected to be transferred on August 15 and record revenue in 3Q17. It says it expects growth in 2Q17 earnings and still targets 2017 revenue growth of 50%. (Khao Hoon, 17/7/17) AOT AOT reports eight bidders for the midfield satellite building 1. The auction […]

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