ThaiCapitalist research
AMATA AMATA partnering with Sweden’s SAAB AB to launch AMATA Aerospace City. This will be a “smart cityâ€. It expects to become a leader in the development of local area and industrial area in Thailand and Asia into effective and sustainable industrial hubs. (Thun Hoon, 5/10/17) Comment: Wow things are actually moving down there, perhaps […]
Read More →BA BA signals 3Q17 earnings will turn positive from 2Q17, as number of passengers and load factor have increased significantly. It is going to open a new route, Bangkok-Phu Quoc to expand its presence in CLMV and increase revenue in the long term. Flights are expected to start on October 29. (Thun Hoon, 4/10/17) Comment: […]
Read More →If you want to know why the hotels are full, anything tourism related buzzing – just look at ERW, CENTEL, MINT, AOT, AAV. As a result of the continuing issues surrounding N. Korea, Chinese tourists are avoiding S. Korea and making their way to other parts in the region/world, and Thailand being the land of […]
Read More →AAV AAV is entering high season in 2H17. It says the number of Chinese tourists has picked up since August, lifting its load factor to 84%. It is purchase three new airplanes and will add routes from Don Mueng to Maldives, Jaipur and Tiruchirappalli. (Thun Hoon, 3/10/17) Comment: Still the best LCC player in Thailand […]
Read More →AIA AIA has increased its potential to be a leader in insurance market in Australia and New Zealand via an acquisition and 20-year partnership to sell insurance through banks. It expects this will add significant value to its business and create substantial growth in both revenue and earnings. (Thun Hoon, 2/10/17) ANAN ANAN reports that […]
Read More →The rush in liquidity has pushed things such as CPALL, HMPRO, and basically every other large name has kept the market buoyant.
Read More →Notable Transactions Buy(s) THB 200 mn MINT – That’s a fairly substantial purchase for these warrants by the founder SKR – This director must see value in this hospital group Sell(s) THB 79 mn CCN – Well the company has changed the ticker to “SKY” (I’ll update this later) and the stock price went through […]
Read More →Few people have come to pick up their welfare cards. According to Comptroller General’s Department, 11.67mn have the right for the welfare cards but to date few have come to pick them up. The cards can be used from October 1. (Thai Rath, 26/9/17) Thai-Chinese rail contract officially signed. Contract 2.1 of the Thai-Chinese rail […]
Read More →DEMCO DEMCO ready for project. DEMCO recently got a project from EGAT to construct steel towers. It believes 2017 earnings will be outstanding, driven by backlog of Bt4.05bn. (Khao Hoon, 29/9/17) Comment: I believe the real news is that they were awarded a license/certificate to make 500 kva stations and thus expect to win more […]
Read More →ALT ALT is ready to get into telecommunication infrastructure, supported by backlog of Bt390mn, around 60% of which will be recorded as a revenue in 2H17, driving company growth. (Khao Hoon, 28/9/17) Comment: There is something interesting here, they started out as one of the partners for AIS and are trying to build a network […]
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