AOT Yesterday, AOT opened a new domestic terminal at Phuket Airport that will increase passenger capacity to 12.5 million/year. For its 7MFY18, the company reported passenger traffic growth of 10% YoY to 84 million. (Thun Hoon, 26/6/2018) Comment: Finally this is completed. More expansions coming for AOT ASAP ASAP expects revenue to grow 25% this […]
Read More →And it’s outttt, here’s my fav snippets and a link to the rest of the commentary We believe that the current business cycle has at least several more years left to run. The major signs that would herald the beginning of the next recession are not yet in place. Unemployment is low and likely to […]
Read More →ARIP ARIP arranged a 2nd event on June 21-24 and expected Bt3bn revenue turnover at the event. Management aims to get high-margin projects to continually boost revenue and profit. 2Q18 performance is expected to improve QoQ though 2018 performance is likely to be similar to 2017. (Thun Hoon, 25/6/18) BCH BCH’s 2Q18 earnings are expected […]
Read More →Notable Transactions Buy(s) THB 500 mn TMT – A share swap between family members SAWAD – And she’s still buying the shares! BTS – And he’s still buying the shares! NFC – Going to watching this closely, he seems to want to reach over 60% shareholding in this newly listed company RCI – DCC family […]
Read More →Nothing pretty in the market. The selling amongst smaller names has been indiscriminate and it’s a fact that if you remove the performance of PTT Group, the market would be in the 1,500’s, should there be another 5-10% drop in oil, watch the market drop to 1,500 levels and as seen from the drop from […]
Read More →FIF fund inflow down. The high volatility of the market and negative return led investors to sell off the Bt47bn of the global bond fund. In the first five months, the FIF fund inflow amounted to Bt6.bn1, down from last year’s Bt80bn in the same period. Behind this is high volatility in the foreign market […]
Read More →BCP BCP expanded its upstream petroleum business with the acquisition of a Bt3.76bn field in Norway. (Kao Hoon, 22/6/18) BEM BEM has amended its agreement with CK to speed up the construction of the Blue Line, targeting operational startup on August 14, 2019, ahead of the original schedule of September 2019. (Kao Hoon, 22/6/18) GPI […]
Read More →AEONTS AEONTS’s loan growth improved YoY, backed by its strong credit card business. It expects the revived economy to enhance the ability for debt repayment, controlling NPLs to 2.35%. (Thun Hoon, 21/6/18) Comment: So all the news last year about the BOT limiting the customer types that can receive credit cards has had no impact […]
Read More →ANAN ANAN announced that it transferred Asthon Asoke to on June 15, 2018 after Bangkok Metropolitan Administration (BMA) issued a building permit to ANAN. However, Srisuwan said that the condo buyers will take a risk as there is a lawsuit against BMA and MRT at the Administrative Court on which no judgement has been made. […]
Read More →AGE AGE’s 2Q18 performance is likely to improve thanks to a favorable coal price at above US$119/ton . The company is preparing to ship 800k tons of coal in 2Q18 -3Q18 and maintains its revenue growth target of 20-25%. (Kao Hoon, 18/6/18) GFPT GFPT plans to inject Bt4-5bn to expand capacity to support long term […]
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