ASAP in talk M&A insurance broker, seeks to branch out from car rent, used cars sales business, launches mobile app penetrate individual clients, target 100k users by end of year. Comment: I am curious to see where this fellow takes his company. I enjoyed talking with him years ago. One of the few people that […]

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ASAP sees earnings bottom out 1Q, expects strong car rent in 2Q from demand for distance travel on long holidays & domestic tourism stimulus, seeks to expand corporate car rental to balance revenue mix, target 3k used cars sales this year from 1k units in FY20, will add 5 outlets of ASAP select from current […]

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ASAP expects windfall from domestic tourism stimulus package, will add 2k vehicles to replace outgoing fleets to used car portfolio. Comment: Sure it will help some, but at the end of the day, international tourists are a significant portion of rentals. JKN raises capex for new contents to Bt1b from Bt800m, on strong prospects for […]

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ASAP launches app, ASAP Limousine, Chauffeur & Limousine services to expand corporate client base, open booking from September 30. Comment: I do like what they are trying to do here. But the impact of these new services is small relative to their core business EGCO reports cod 455mw coal-fired Philippines powerplants in 4Q, lifts total […]

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AOT to open bidding envelop for Suvarnabhumi airport’s duty free and commercial area today, among contenders are King Power, BA and ROH. Comment: And by now we all know that King Power has own for Suvarnabhumi ASAP in deal with SCB to provide low interest rates for used-car HP at 2.79% during promo event at […]

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AP sees mmtum into 2Q frm real dmnd after 25% jump in 1Q presales to Bt41.8b. Comment: If 2Q #’s for the sector aren’t shit, then watch the sector re-rate positively, if they are then just look at LPN’s share price ASAP upbeats 2Q erngs frm surging car rental rev frm travelling dmd during long […]

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AAV AAV, the country’s largest low-cost airline, ranked eighth of all no-frills carriers in the world with 81% of flights departing or arriving on time, according to the Punctuality League Rankings assessed by AOG Aviation Worldwide. Thai AirAsia’s ranking jumped from 19th last year. (Bangkok Post, 7/1/19) ASAP ASAP is dealing with commercial banks to […]

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ASAP ASAP insists that it will not increase capital, even though D/E ratio is high. The jump in interest expense pushed share price down, but it said this is the nature of a leasing company. It says customers trust it and banks provide support. It is studying the issue of debentures of a minimum of […]

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ASAP ASAP expects growth in 4Q18, supported by high tourism season. It targets revenue growth of 30% backed by an increase in customers. It is dealing with a Japanese company to add “asap GO” car rental centers around the factory zone. The deal will be concluded in December. (Thun Hoon, 18/10/18) Comment: Now GRAB is […]

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ADVANC ADVANC is implementing new upgrades to its “superblock” bandwidth structure, aiming to reinvigorate the country’s largest mobile operator as it faced stagnant subscriber growth the past few years because of a saturated mobile market. It claims the new superblock will help boost service speeds by 30%, while accommodating up to 52 million customers. (Bangkok […]

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