MSCI The latest changes from MSCI has been announced and for Thailand there is only 1 movement MSCI GLOBAL STANDARD INDICES Additions: None Deletions: None MSCI GLOBAL SMALL CAP INDEXES Additions: None Deletions: KTIS BIGC & BJC So it looks like Charoen is going to use BJC to […]
Read More →AFS was founded in 1983 under a cabinet resolution to set up an integrated fuel facility for Don Mueang airport. Bangkok Aviation Fuel Services Plc (BAFS) is the sole provider of aviation refuelling, depot and hydrant services at five airports in Thailand. Managing director Prakobkiat Ninnad discusses the company’s strategy and outlook. What is BAFS’s […]
Read More →TCC Group signs Bt123 bn deal for Big C stake — Charoen Sirivadhanabhakdi, one of top Thai richest, has stepped into the Thai retail market through the acquisition of Big C Supercentre. France’s retailer, Casino Group, has announced the signing of a contract to sell its stake in Big C Supercentre for 3.1 billion euro […]
Read More →AAV AAV benefits from lower oil prices. It plans to open routes to Luang Prabang and Vientiane in 2Q16. (Khao Hoon, 12/2/16) Comment: Similar to what was said before, AAV should dominate this entire region for LCC’s regardless of market events. ABC ABC expects to turn around this year. It plans to open a luxury […]
Read More →It looks like our darling Prayuth was correct when he said Thailand’s happiness was @ 99.99999999999999999% Jokes aside, this is a decent snapshot indicator of unemployment and inflation. Source: Bloomberg
Read More →BIGC BIGC plans to open new branches and renovate old ones this year. It expects to increase its gross area with an eye to generating substantially more revenue. It plans a securitization. (Thun Hoon, 11/02/16) Comment: Now that the deal with TCC Group is only 1.5 months away from being sealed n delivered, the thinking […]
Read More →APCO APCO expects 2016 revenue to grow not less than 10% despite the slowdown in domestic purchasing power. It expects 2016 revenue to reach Bt450mn with a gross margin of 25%. It plans to increase its distribution channels through local retail stores. It is looking for a partner to build its network in Singapore, Malaysia, and Indonesia. (Thansetthakij, […]
Read More →With the headache of the both oil prices and 4G finally taking a break the market received a bit of a breather and actually recovered slightly. The next few weeks are going to be rather hectic because earnings seasons for the rest of the names are coming and we’re rather curious to see how the […]
Read More →AAV AAV expects 2016 net profit to be over Bt1bn driven by 16.9mn passengers and an 82% cabin factor. It expects to get five A320 planes this year, with a goal of 70 airplanes in 2020. It expects to open new routes in CLMV, beginning with Luang Prabang. (Thun Hoon, 09/02/16) Comment: There is no […]
Read More →Notable Transactions An absolutely boring week! Buy(s) – THB 8.7 mn None! Sell(s) – thb 2.6mn None!
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