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 →BBL Management aims at 2014 loan growth of 5-7% after 9.2% in 2013. It expects all loans to continue to grow. It aims at SME loan growth at 6-8% to take 28% of total loans. (Khao Hoon, 10/2/14) BMCL Targets 20% passenger growth in 2014 — The managing director of BMCL set passenger growth for […]
Read More →AOT To set up infrastructure fund — AOT will set up an infrastructure fund worth Bt60bn to build a new passenger terminal for Suvanabhumi Phase 2 and renovate and improve Don Muang and Phuket airports to prepare for an increase in the number of tourists. (Khao Hoon, 21/01/14) Comment: We heard about this idea over the weekend, […]
Read More →As usual for the monthly management trades, we’ll only show the transactions above THB 20 mn
Read More →BANPU Writing off treasury stock — BANPU announced it will decrease registered capital by writing off the repurchased registry shares worth Bt135.6mn. The decrease will boost EPS and DPS by 5%. (Khao Hoon, 25/12/13) Comment: Well that’s an easy way to boost EPS BEC BEC concerned and political situation — It will boost ad rates […]
Read More →Well Money & Banking came out with their latest analysis showing the top wealthiest investors/families in Thailand and here’s the list below. Source: Bangkok Post What catches our eyes other than BGH yielding two of the wealthiest investors in Thailand (#1 and #6), are firstly, how JAS’s owner got into the top 10, we’ve gone […]
Read More →Just look at this growth in ridership over the past 10 years, its incredible, not just for BTS, but just the impact that it has upon people’s lives in terms of commuting, the impact upon businesses that pop up around the BTS stations (whether they be commerce, property etc etc), its just incredible. Source: BTS […]
Read More →Notable Transactions Buy(s) THB 333mn BTS – K. Keereeee buys another THB 234 mn worth of shares IFEC – The founder continues to sell to K. Wichai, another THB 64 mn worth of shares Sell(s) THB 259 mn EIC – No idea what happened here, but its been a volatile stock and key shareholders have […]
Read More →ARROW ARROW continues to grow in high season 4Q13 — ARROW says that clients are making many orders. It expects 2013 revenue growth of 13-15% YoY, below its earlier target at 20% YoY and is also building a new factory. (Khao Hoon, 12/12/13) BTS 8% YoY growth in passengers this year — BTS expects passenger […]
Read More →BTS Expects extension to bring in 30-40% more riders — BTS says it expects the Silom-Bangwa extension will add 30-40% new users. VGI will get additional revenue from more commercial space. (Khao Hoon, 06/12/13) Comment: The addition of the extension is positive news for the co, went to check it, now the question is what […]
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