AMATA Investing Bt50-60mn in flood prevention — AMATA says it has set aside Bt50-60mn for investment in flood prevention and is currently in the process of gathering necessary information for its long-term planning and mitigation plans which is expected to take 2-3 weeks. It plans to expand reservoirs and improve floodways with help from the […]
Read More →AOT AoT plans to increase airport taxes next year to cut its losses – The board of Airports of Thailand Plc (AoT) plans to raise its passenger service charge from 100 baht to 200 baht for passengers on domestic flights and from 700 to 800 baht for passengers on international flights to cut its losses. […]
Read More →AOT September passenger growth strong— AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12thmonth in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY.(Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →AOT September passenger growth strong — AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12th month in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY. (Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →AOT’s growth since 2009 has been staggering with total passenger numbers in September up 21% YoY. The most interesting fact of all is that Chinese tourists are now 20% of the total tourist number and this is only @ 5 mn travellers, can you just imagine the scope for growth from that nation? Â
Read More →AOT 20% growth in September passengers — AOT announced that passengers in Sept grew by 20.43%, with number of passengers in Suvarnabhumi airport exceeding 50mn. (Tun Hoon, 07/10/13) Comment: Thailand is still attracting tourists at a fast growing pace BMCL BMCL board okays recapitalization plan – The board of Bangkok Metro Plc (BMCL) has approved […]
Read More →ABPIFÂ Amata B.Grimm sets IPO price – Amata B.Grimm Power Ltd, majority owned by the local trading conglomerate B.Grimm, has priced its Bt600mn IPO trust units of its infrastructure fund at an indicative range of 10.50 to 11 baht. The IPO is expected to generate up to Bt6.5bn to finance the company’s business expansion. The […]
Read More →AOT Strong July traffic growth — AOT reported strong traffic in July 2013, with passenger and aircraft movement growth of 16% YoY. This is the tenth month in a row that it has reported double-digit growth. (Company press release) Comment: This is really only one of the few strongly growing large cap co’s in Thailand […]
Read More →ANAN – Ananda plans Bt20bn projects in second half – Ananda Development, confident of the continuing strength of residential demand, plans to launch condominium projects worth more than Bt2bn over the remainder of the year. (The Nation, 18/07/13) AOT cutting par value — AOT is to reduce par value from Bt10.00 to Bt1.00 after prices […]
Read More →AOT: Expects good earnings. Airports of Thailand (AOT) expects arrivals to grow 19% this year to 85m. The company also expects 2H13 earnings to show strong yoy growth on the back of the absence of forex loss. This is because the company has swapped its yen loan to baht (worth Bt10b). (Source: Khao Hoon) Comment: […]
Read More →