BA Bangkok Airways expects to list on the stock exchange within 2014. It aims at an IPO of more than Bt10bn to set up a new aircraft maintenance factory at Suvarnabhumi airport, buy aircraft, and improve Samui airport. (Kao Hoon, 13/08/14) Comment: Their flights to and from Samui were consistently full every time I’ve gone there, as […]
Read More →AMATA AMATA reports that it is negotiating to sell 700-800 rai of land to Chinese, European and American investors. It expects the deal to be concluded soon. It also said 2Q14 earnings will be better than 1Q14 due to an increase in booking land transferred. (Kao Hoon, 31/07/14) Comment: Still a safe simple recovery play. […]
Read More →AAV TAA trims growth targets — Thai AirAsia (TAA) has scaled down its expansion this year, cutting targets for fleet growth and passenger volume to reflect sluggish demand triggered by the political unrest in much of the first half. The country’s largest low-cost carrier will take delivery of five Airbus 320 jets instead of eight […]
Read More →BLAND BLAND expects 2Q14 earnings to break a record high with gross profit of Bt7-8bn in the quarter, up 60% QoQ, after reversing provisions set earlier for a court case that has now expired; operating performance was also strong. Its book value is also expected to increase to Bt3.25/share supported by the rise in land […]
Read More →AJD AJD expects set-top box sales of more than 2mn and expects the coupon will be issued in September. It says AJ is a market leader with a gain market share of 50%. It expects revenue to triple from Bt1.65bn in 2013. (Khao Hoon, 24/06/14) Comment: Yes, IF the coupon deal materialises, its still a […]
Read More →BLAND BLAND will book extra profit of Bt3.8bn in two quarters after expiration of the court case allowed it to reverse provisions. This will push 1Q14 net profit up YoY. Dividend per share is expected at Bt0.03-0.04. (Khao Hoon, 21/04/14) Comment: This + its REIT has both already been priced into the stock price CHO […]
Read More →AOT MD says political situation hurting passenger traffic — In January, passengers in its six airports increased 7.35% YoY, failing to meet expectations. It continues to expect passenger growth of 10% YoY in 2014, supported by provincial airports. It will open bidding for phase 2 of Suvarnabhumi airport construction in April. (Khao Hoon, 11/02/14) Comment: […]
Read More →BKD Gets job in Saudi Arabia — BKD will partner with a Saudi Arabian partner for an interior decorating job in a hotel worth Bt1bn. It targets revenue growth in 2014 of 15% YoY after missing target of Bt1bn in 2013 due to a delay in construction work. It plans to bid for new projects […]
Read More →BLAND Bangkok Land condo taps area’s growth – SET-listed Bangkok Land Plc (BLAND) is developing the second phase of its Double Lake condominium project in Muang Thong Thani to cater to higher demand in northern Bangkok. The new phase, worth ~Bt525mn, will comprise two buildings with a combined 298 units priced from Bt1.99mn. It will […]
Read More →AOT Transport Minister: Look at costs before allowing PSC rise — Chatchart Sithipun, transport minister, said he wants to take a look in detail at AOT’s cost rises before make the decision about raising passenger service charge, because there are more opponents than supporters. (Khao Hoon, 29/10/13) Comment: i’ve been reading that there will be […]
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