AMA plans to add vessel before eoy, in talk M&A tanker & logistic business, plan to wrap up 2 deals 1H21, will report 3Q net profit on November 6, reassure turnaround from improving traffic on reopen. AOT’s cashflows drops to Bt40b from Bt77b normal level, may run out in mid-2021 if situation prolongs, may have […]
Read More →AOT sets Bt30b capex for runway-taxiway repairing, renovates passenger terminals. ARIN: local fund, BBLAM, raised holding to 15.3312% last Monday (Oct 12), SEC filing. Comment: Incorrect news, both BBLAM and MFC have combined ~28% which is via the local Private Fund vehicle and therefore the shareholders are the same. DTAC reported 3Qnp at Bt1.43b, -18.7% […]
Read More →AMANAH said it has yet to be approached by GSB for all the stake, sees parent co, iBank, keens to keep leasing unit. Comment: Have to love all these rumours in the market. AOT said the Satellite 1 (SAT-1) passenger terminal is 95.23% completed and will be 100% in April 2021. Reported passengers dropped almost […]
Read More →AOT awards NWR with Bt9.7b contract to build a 3rd runway, ready for commercial in 2023. BGRIM upbeats 3Q earnings from lower feedstock cost for SPP as gas price drops, recovery demand for electricity from industrial users, to invest 130-150mw windfarm in Korea, gas-fired powerplants in Vietnam total 2,700mw and 250mw SPP in Malaysia, Bt9b […]
Read More →ACE wraps up deal to buy 3 biomass powerplants with 26.9MW capacity from UWC worth, helping contributed Bt800-900m p.a. Comment: I still look at ACE questionably given the fact that the founder is a police general and likely won the contracts through “relationships” but having followed their calls, they are running a professional shop. AOT […]
Read More →AOT said its decision to lower minimum guarantee for King Power was above board and no shareholder approval is needed, while Finance Ministry, its major shareholder, has no objection if it is in line with SET and SEC regulation. Comment: Well at the end of the day its a 12 month delay/extension. ICN upbeats outlook […]
Read More →AOT: mulls sending subsidiary, AOTGA, to replace THAI for ground operations, will signs Bt 9.7b SIA 3rd runway construction contract with NWR in August., target cod FY23. Comment: But all the news is about the reduction in income from the duty free player… ILM: launch built-in & custom made furniture services, Younique, to fill demand […]
Read More →AOT: extends a credit term of payment to 12 month instead of 6-month for concessionaires & airlines affected by C19 at all 6 airports under supervision. Comment: And there’s news on changes in the duty free concession fee. BDMS: appointed Ms. Poramaporn Prasartttong-Osoth, M.D. as president effective September 1 and Chairperson of the executive committee, […]
Read More →AOT approved AAV’s request to partially move its base from Don Muang to Suvarnabhumi, with initial 24 domestic flights, before extending to overseas flights by end of year. Comment: Now the future hordes of Chinese tourists will be at Suvarnabhumi. BBL: Social Security Office cut holding by 0.0188% to 4.9903% of total outstanding on Tuesday […]
Read More →AOT’s expected to sign Bt9.7b 3rd runway projects with NWR, if manages to clear EHIA on July 20.AOT: Chinese Aviation authority (CAAC) suspended flight from Thai Lion Air and Thai Air Asia X for 1 week after discovered 6 Covid cases on board SL117 & 5 cases on XJ808 on July 7 & 10. Comment: […]
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