BANPU BANPU targets 2017 coal sales to reach 47mn tons. It expects to benefit from higher coal price. It plans to acquire coal mines in Indonesia and Australia to underwrite future growth. (Kao Hoon, 18/04/17) BLA BLA expects to show a net profit of Bt1.2bn in 1Q17 after last year’s loss of Bt6.9bn. Behind this […]
Read More →Notable Transactions Buy(s) WHAUP – Rather significant buys from the founders of WHA ICC – Woah! A transaction in this relic! Rather interestingly their earnings have recovered over the past 3 years. Could there finally be positive developments @ ICC? Sell(s) ECL – Strange little leasing company
Read More →Songkran has come and gone and now we are back to watching the wonders of the equities market. The months of March – May are typically the busiest because we have full year earnings out and then 1Q #’s. It’s not too surprising to see that the agro/food sector has been weak this year given […]
Read More →AOT AOT is interested in investing in Mae Sod and Khon Kaen airports to build them up as aviation hubs in the special economic zone. It targets three large projects in the Suvarnabhumi Airport worth Bt130bn to be done by 2021. (Khao Sod, 17/4/17) Comment: It is interesting that the Philippines has been faster at […]
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