ABICO ABICO will return to normal trading on mai on February 9, 2015. (Tun Hoon 9/2/15) AJP AJP expects revenue of Bt750mn in 2015, a jump from Bt200mn last year. It will operate two renewable energy projects, one of which, a 200MW project, will be a JV. It has no concern on financial position as […]
Read More →AOT AoT board approves Bt48bn for airport revamp projects – The Airports of Thailand’s (AoT) board has approved a Bt47.9bn budget to build a new terminal and a new runway at Suvarnabhumi airport to ease congestion. (Kao Hoon, 22/01/15) Comment: AOT’s latest passenger numbers have come out and Bangkok is performing horribly while the rest […]
Read More →Just announced this evening, BMCL and BECL will be merging. The basic deal structure is as follows: 1 existing share in the Company to 0.42050530 shares in MergedCo 1 existing share in BECL to 8.65537841 shares in MergedCo The deal is expected to be completed by 3Q15 My quick thoughts: Great move by CK, BECL […]
Read More →BMCL expansion to bring economy of scale and profit Bangkok Metro Plc (BMCL), operator of the capital’s underground mass-transit system, listed on the Stock Exchange of Thailand in September 2006. Sombat Kitjalaksana, managing director, discusses the company’s strategy and outlook. What is BMCL’s business model? BMCL is the first metro operator in Thailand and we […]
Read More →Quietly released yesterday on Thailand’s SEC website was that they have approved the framework for the infrastructure trust regulations. The key details of it are: It can invest in onshore/offshore infrastructure projects either directly/indirectly or via rights in revenue sharing Minimum size THB 10 bn, minimum investments of each new project post set up must […]
Read More →BJC Berli Jucker introduces direct sales, e-commerce – Berli Jucker Plc (BJC), the SET-listed trading and retail company owned by billionaire Charoen Sirivadhanabhakdi, is expanding its product sales and distribution to include direct sales and e-commerce channels after facing tough modern trade competition. (Bangkok Post, 22/09/14) Comment: Overall a small impact on their total numbers […]
Read More →AKR AKR expects net profit to grow in 2014 as it has backlog of Bt1.1bn. It expects 2015 revenue growth of 15% YoY on rising electric inverter sales supported by demand from renewable energy sector. (Kao Hoon, 18/09/14) BEC Channel 3, NBTC meeting fails to reach compromise – The dispute between Channel 3 and the […]
Read More →BMCL BMCL upbeat on profit after 2017 — Bangkok Metro Plc (BMCL), the country’s subway operator, expects its balance sheet to become profitable after 2017 as more new train services are added. Service on the Purple Line from Bang Sue in the capital to Bang Yai in Nonthaburi province is expected to start in December […]
Read More →BGH Subsidiary sells shares in Save Drug — BGH says wholly owned Royal Bangkok Healthcare Co, Ltd. has signed an agreement to sell all shares of Save Drug Center Co, Ltd., for Bt380mn. (Kao Hoon, 21/08/14) BLAND BLAND expects to sell the first REIT (for Impact Arena and Convention Center) worth Bt20bn on 8-19 September […]
Read More →ADVANC ADVANC plans to pay DPS of Bt6.04, XD 13 August, though its 1H14 net profit declined to Bt17,96bn due to higher depreciation and amortization. Its 3G clients increased to 34.4mn but the company reduced revenue growth target to 1-2% YoY in 2014. (Kao Hoon, 05/08/14) Comment: ADVANC has been an easy trade in the past 2 […]
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