Updates
DTAC DTAC hopes to pay out dividend again at Bt1.60/unit in 1Q14 after clearing its accumulated losses of Bt15.9bn. It expects revenues for 1Q14 to touch Bt24bn with net profit at Bt2.85bn, and 2014 net profit estimated at Bt12.2bn. (Khao Hoon, 03/04/14) Comment: The dividend machine that is DTAC continues EASON EASON will be investing […]
Read More →AOT AOT to book final flood claim in 2014 — AOT says it will be receiving the remaining compensation for the flooding of Don Muang airport of Bt900mn from total of Bt1bn that it expects to book this year. Don Muang airport’s management reports more than Bt336mn charter flight booking in April. (Khao Hoon, 02/04/14) […]
Read More →AMATA AMATA says 1Q14 investment slowed due to political instability. It expects investment to return once calm is restored. It is negotiating with 7-8 foreign investors. (Khao Hoon, 01/04/14) Comment: Not much of a surprise here, but its good value still @ these prices. AOT AoT banks on ‘airport city’ plan to boost revenue – […]
Read More →Notable Transactions Nothing at all!
Read More →Well the market somehow bounced up in the final hour on Friday, why? Everyone seems to think its window dressing. We had a Senate Election over the weekend, only a 42% turnout, well thats rubbish, and today Yingluck is supposed to go meet with the NACC to defend herself in regards to corruption around the […]
Read More →AMATA Cutting back — Management expects to lower its investment in 2014 from the usual Bt3bn annually. It will put off land development and street construction due high cost. It will continue to invest once the political situation recovers to normal. Currently, it has 14000 rai waiting for development and 2200 rai already being developed. […]
Read More →Thailand Exports rebound, up 2.43% in Feb — Thailand’s exports in February rose 2.43% YoY to US$18.36bn, supported by growth in the shipment of industrial goods, the Commerce Ministry said on Wednesday. Exports were also up on January, when the value fell by 1.98% YoY to US$17.9bn. Imports in February totaled US$16.60bn, down 16.62%, for […]
Read More →BCP BCP lowers 2014 growth target to 6% – BCP has downgraded its revenue growth target from 10% to 6% this year due to political strife and economic slowdown. It has maintained production output at its Bangkok refinery at 94,000 barrels per day despite declining petrol consumption as products with high demand growth are the […]
Read More →BAY BAY’s assets currently at Bt1tn. It expects loan growth of 9% YoY in 2014, made up of 40% big clients, 38% retail clients and 22% SME clients. (Khao Hoon, 27/03/14) BBL BBL expects loan growth of 5-6% YoY in 2014, if the Thai economy expands 3% YoY, assuming there is a working government. (Khao […]
Read More →BCP Bangchak’s solar sprint – The mostly state-owned oil refiner Bangchak Petroleum Plc says its third phase solar project in the Northeast is ready to feed power to the national grid one month ahead of schedule, signaling higher future revenue than expected. (Bangkok Post, 26/03/14) Comment: The only sunny thing in the entire energy sector […]
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