ADVANC’s upbeat 2Q ARPU after revamped airtime package, broadband deal (TTTBB) to conclude by end of 3Q. Comment: Disappointing earnings…and there is a major risk for ADVANC, that Telenor will send decent management to run true&dtac. AOT expects to receive permit for operating 3 airports (Krabi, Buriram & Udonthani) within 3-4 months, then propose cabinet […]
Read More →ATP30 sets Bt180m capex to replace fleet with 60 e-bus, aims to boost margins from lower maintenance & fuel costs. BGRIM sets 10,000MW capacity target by 2030, 10% EBITDA growth p.a., boosting renewable energy to 50%, and bids for 2,000-3,000 MW alternative energy PP in VN under PDP8. Comment: With the drive from politics, I […]
Read More →APCS wins power station construction projects from Provincial Electricity Authority (PEA) total Bt148.96m. ATP30 anticipates lower 4Q expense after replaced current fleets with EV buses for 1st phase, sees demand for transport grows from industrial clients and tourism sector, allots Bt200m to invest in 30-40 E-bus, maintains 25% FY22 revenue growth target, 10% growth next […]
Read More →ASIAN target FY22 sales growth >15% driven by frozen seafood & pet food exports, mulls spinning off pet food unit, Asian Alliance (AAI), expects to submit filing by end of April, listed in 2H. ATP30 sets record high revenue growth target at 25% to Bt600m, 10% NP growth, by using technology to boost competitiveness. Comment: […]
Read More →ATP30 wins E-Bus operating contract from PTT’s unit, firms on 15% revenue growth target this year, mulls studying e-bus and charging station plans. Comment: Ka-ching, steady cashflow for ATP30. INET mulls listing internet service subsidiary, Mandala Communication, to expand IT platform, cyber security, big data, planning to sell 2nd data center into REIT and re-invest […]
Read More →AGE to buy 55 new transport trucks, hoping to boost revenue from logistic to Bt600-700m from Bt300m last year. Comment: Main story here is increasing coal prices and the inventory boost. AOT signs MOU with TAFA consortium to expand perishable goods cargo business at SIA. ATP30 mulls switching to EV van & EV bus for […]
Read More →AOT: extend fees waivers for concessionaires & airlines operating at 6 international airports for additional 6 months from previous waivers. ATP30: sells PP 65m shares (9.53% of total outstanding) at Bt0.99 apiece to Toyota Tsusho (TH). Comment: Now that’s an interesting development. BBL, SCB, KTB and BAY: FY20 due today, Bt21.23b, Bt26.72b, Bt16.34b, Bt24.96b consensus. […]
Read More →ATP30 ATP30’s management targets revenue growth of 10% this year, focusing on customers in industrial estates. It is working hard to widen margin via cost control with target margin of 27%. It will provide service to a new customer in February. It plans to purchase ten service buses this year. (Thun Hoon, 22/1/19) Comment: Rather […]
Read More →AMATAV AMATAV has begun to develop the first phase of Amata City Halong on 770 rai of land with capex of Bt5.12bn. The project has five phases with total land of 4,500 rai. It expects to begin sales in 2020. (Kao Hoon, 3/1/19) Comment: And according to the news today they are going to expand […]
Read More →AP AP reported 11M18 presales of Bt41.5bn, exceeding its full-year target of Bt39.8bn. Revenue from its JV was Bt27.1bn, a record high. (Kao Hoon, 17/12/18) Comment: So even despite great earnings and pre-sales numbers this stock has also plummeted ASEFA ASEFA expects many projects to come up for bidding next year, especially big infrastructure and […]
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