AJP AJP partnering with MUSE Group, in both Thailand and Singapore, to host sports events and concerts at the international level. It said that within the next six months, there will be four major events from which it expects to revenue of at least Bt600mn. It will announce the first major event in early October. […]
Read More →AUCT AUCT of interest to major and value investors (VI). These have slowly accumulated the shares, pushing share prices to close to ceiling. The company said there is an overflow of cars to be auctioned from the Customs Department and the second-hard market. It expects net profit to grow by more than 100% this year. […]
Read More →AAV No deal for Skymark — AAV denies Japanese news that the Malaysian low cost airline is negotiating to acquire Skymark Airline in Japan which is facing financial distress. (Thun Hoon, 20/08/14) Comment: Skymark shares have risen some 30% on these rumours, no idea if there is truth behind them, wouldn’t see why AirAsia needs […]
Read More →ADVANC ADVANC says delay in 4G will not impact performance as it has 15MHz on the 2.1GHz spectrum to support 50mn clients. The company expects 2H14 revenue growth of 2-4% YoY after economic recovery and also entry into the fixed-line broadband business. (Kao Hoon, 18/08/14) Comment: And it has a near 7% dividend yield at […]
Read More →‎Several companies (in fact all!) have been releasing their earnings over the past week, one that caught my eye was HomePro (HMPRO) for a few reasons: Same store sales still grew @ 6.5% in 2Q14 and +5.3% for 2H14 They will continue to expand throughout Thailand & Malaysia An upcoming dividend & potential REIT To […]
Read More →CK CK not concerned about delays in public project bidding with the NCPO scrutinizing public investment projects to improve transparency. It expects 2014 revenue of not less than Bt30bn and will continue to bid new projects in late 2014 of Bt20bn, bringing backlog up to more than Bt100bn. (Tun Hoon, 27/06/14) Comment: Thinking aloud, wouldn’t […]
Read More →ADVANC ADVANC reports 1Q14 net profit of Bt9.48bn, -4.5% QoQ, because revenue decreased while amortization expense increased. It has now 26mn 3G subscribers. (Khao Hoon, 07/05/14) AOT Minimal impact from earthquake at Chiang Rai Airport — AOT says there was little damage to the Chiang Rai airport from the earthquake and operations are normal. The […]
Read More →So the facts: Excl. banks down -7% (ex PICNI its -23%) Brokers are suffering – no surprise 1H13 was a rockstar period Telco’s and electronic exporters look ok still Insurance co’s are minting $, will the rest of the sector follow SCSMG? Domestic consumption look so-so, HMPROÂ is ok, but BIGC is urgh
Read More →BAY BAY expects loan growth of 7-9% YoY in 2014 from 13.7% YoY in 2013. It cut its 2014 NPL target to 2.5% after 2.67% in 2013. It says the Japanese hold a 72% stake and the M&A process will be complete in 2014. (Khao Hoon, 10/04/14) Comment: Still decent numbers coming out of Thai […]
Read More →ANAN ANAN expects to report Bt1.5bn in revenues in 1Q14, a 50% increase YoY, supported by booking revenue from its condo, Ideo Mobi 4. (Khao Hoon, 17/03/14) AOT Phase 2 to move as planned — AOT says that Phase 2 of Suvarnabhumi airport worth Bt62.50bn will go as planned. It will draft the TOR this […]
Read More →