Notable transactions Buy(s) THB 606 mn BDMS – Massive buying again! COL – Now this interesting, I’ve always wondered when or how this company will be able to be successful. Would Central Group shove its Lazada purchase into COL? PLANB – Their 1Q #’s were awful hence the ~20% drop in share price, but the […]
Read More →AAV Confident in AAV’s management team — The Srivaddhanaprabha family of duty-free operator King Power has insisted it does not plan to shake up Thai AirAsia nor delist the firm that owns the majority stake in Thailand’s largest budget carrier. (Bangkok Post, 15/6/16) Comment: Get ready to see more duty free sales on every flight! […]
Read More →AAV AAV expects 2Q16 earnings continue to be good supported by passenger growth and lower oil price. It plans to open four new routes. In 1Q16 earnings was over Bt1bn due to high season. (Thun Hoon, 24/5/16) AP AP launched two new condominiums valued at Bt3.64bn. Presales will be held on June 4-5. It targets […]
Read More →AAV AirAsia mulls Thai hub – AirAsia, the continent’s largest no-frills airline group, is keen to boost its position in Thailand with the relocation of its regional nerve centre from Indonesia to here. In a discussion with Prime Minister Prayut Chan-o-cha yesterday, AirAsia chief executive Tony Fernandes said the group would also like to build […]
Read More →AAV Rumors that King Power has completed the deal to buy AAV stock from Tassapon group for Bt4.15/share, which is double book value. They are not buying over 25% to avoid a tender offer. (Kao Hoon, 25/04/16) Comment: Another rumour re AAV, I don’t quite see why King Power would do this transaction. BBL Regulator […]
Read More →AAV AAV sets 2016 passenger target of more than 16.9mn passengers from 14.8mn. In THE first two months, the number of passengers grew 20%. It has budgeted Bt500mn to buy five planes and for oil price hedging. (Kao Hoon, 31/03/16) Comment: Without a doubt they are the #1 airline carrier in town. CWT CWT increases […]
Read More →And here you go…I wouldn’t be surprised to see 50% of all tourists in Thailand come from China within the next 5 years. So who benefits? It is isn’t necessarily just the airport (AOT), airlines (AAV, BA, NOK, THAI) nor the hotels (ERW, MINT, CENTEL, DTC) but names like BEAUTY have said that they’ve benefited […]
Read More →Humour Would you believe it if I said that Thailand is the second best performing market in Asia this year? Nearly +4.5% in USD terms Airlines Nok Let’s start with Nok Airways, it appears that ever since its ludicrously expensive IPO no one has been a believer in Nok Airways, perhaps its the way that […]
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 →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 […]
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