AOT AOT expects 3mn passengers to flood into its six airports, +14.4%YoY, with 17550 flights, +12%YoY. (Khao Hoon, 5/4/18) Comment: Mind boggling numbers, expect several headlines regarding the immigration queues being ridiculous. BEC BEC signals 1Q18 earnings turnaround, driven by a big soap opera hit, “Buppaesanniwas”, that has raised ad revenue. It targets 2018 revenue […]
Read More →BGRIM BGRIM to expand alternative energy business in ASEAN. A solar farm project in Vietnam with 100 MW will be clear within 2Q18. (Thun Hoon, 30/3/18) Comment: The entire renewable/alternative energy space has been rocked by the comments from the Energy Minister. FSMART FSMART said banks’ cancellation of fees on digital transactions will not affect […]
Read More →BGRIM BGRIM targets 2018 revenue growth of 20-25% as it plans to start commercial operation of 449 MW, which raise its operating capacity to 2,091 MW. It also plans to announce an investment plan in a big solar farm in Vietnam in April. (Khao Hoon, 14/03/18) Comment: Of the larger players it has the best […]
Read More →BGRIM BGRIM plans to add 400 MW to production capacity this year. It reported 2017 earnings of Bt2.126bn and announced a dividend of Bt0.3/share, XD on March 20 . (Khao Hoon, 05/03/18) Comment: Just part of the plan, same story as with GULF, TPIPP BR BR targets 2018 revenue growth of 10-12% from 2017 and […]
Read More →BAY BAY targets 2018 loan growth at 6-8% and it believes performance will be better than last year’s in tandem with economic recovery. It will maintain NPLs under 2.5% and coverage ratio to be at least 140%. It has budgeted Bt20bn for a three-year investment in technology (2018-2020) in order to expand to digital. (Thun […]
Read More →I would love to see this implemented throughout the world. Companies do forget at times that shareholders, no matter how small, are owners of the business and in the end they have to answer to them. So it’s a refreshing to see this type of letter being published and distributed. As usual here’s some snippets […]
Read More →BGRIM BGRIM is expanding its investment in CLMV; it set up two subsidiaries in Cambodia for the power plant and transmission wire business. It expects to sign an MOU for a project in Vietnam in 1Q18 and expects a project in Malaysia to be finalized in 3Q18. (Thun Hoon, 26/1/18) Comment: Out of all […]
Read More →BGRIMM BGRIM signed an agreement to buy shares in an industrial waste power plant with capacity of 4.8MW, which it expects to COD by December 31, 2019. It will add capacity of 73.8MW in 1Q18 and expects capacity will increase by at least 450MW in 2018. It believes total capacity will be at least 5,000MW […]
Read More →Fresh from the headlines of brokers this morning. FTSE SET large cap index (+) EA FTSE SET mid cap index (+) BGRIM, ORI, PRM, RATCH, RS, TOA FTSE SET Shariah index (+) AIT, AMARIN, BAFS, EKH, FN, GGC, HFT, SEAFCO, SRICHA, TOA, TPIPP, UVANÂ Date to be applied : 15th Dec Effective: Monday, 18th Dec
Read More →Notable Transactions Buy(s) THB 252 mn BGRIM – A switch between shareholders TKN – After selling a chunk at 25, they’ve bought back at 20. Sell(s) THB 2.7 bn BGRIM – See above AND a massive sale by the major owner
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