ADVANC ADVANC to trade Bt3.30 XD on Wed 20Government says it needs time to consider whether delaying bidding on 5G Comment: It would be ridiculous if the government approves a postponement of payment for the 4G license bidding. Except for TRUE (which is a financial basket case), DTAC and ADVANC make plenty of CF. AOT […]

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BJCHI BJCHI has won Bt150mn worth of steel processing project in Chile, which it expects to book the revenue in 1Q18. It is going to bid for new projects, worth Bt8bn. (Khao Hoon, 09/02/18) EKH EKH targets 2018 revenue to grow by 8-10% to Bt600mn, brought by the opening of IVF center. It expects this […]

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Notable Transactions Buy(s) THB 36 mn BLAND – The only major buyer this week is this owner as he has been doing for the past..decade or so Sell(s) THB 132mn FN – It’s no longer pricing in the growth potential from the new malls that they are opening, but perhaps deservedly so? FN doesn’t seem […]

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BEM BEM believes it will win its bid to manage commercial area, beginning next year, for the Purple Line stations at Bang Yai – Tao Poon. The beginning of its operation for one additional connecting station on August 11 should boost ridership. (Kao Hoon, 7/8/2017) Comment: Basically yes, at least the government/BMA finally decided to […]

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ADVANC ADVANC is paying a dividend of Bt3.51/share, XD on August 7. 1H17 earnings fell 16% due to depreciation and higher expense. 2Q17 net profit decreased 6.2% to Bt7.2bn. (Khao Hoon, 31/7/17) AOT AOT expects FY2017 (Oct 2016-Sep 2017) tourist arrival growth of 8-10%, driven by government measures to boost the tourism industry. (Thun Hoon, […]

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BPP BPP is expanding in both domestic and international markets. It bought a 28MW solar farm in Japan. It plans to invest US$82mn in 2H17 in both M&D deals and auction in order to underwrite long-term growth. (Thun Hoon, 26/7/17) EARTH SET asks EARTH for more detailed explanation. The SET is responding to the company’s […]

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AQ AQ sold 34,140 million private placement shares worth Bt1.7bn. It is progressing on selling more shares and believes that this is a good signal to negotiate with KTB. (Thun Hoon, 13/7/17) Comment: This was supposed to be an up and coming property firm a few years ago to only have fallen apart in the […]

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AMATA AMATA has been rated “A” with stable outlook by TRIS to reflect the stable earnings outlook from utility income. The company targets 2017-2019 revenue of Bt4.8-6bn per year. (Kao Hoon, 29/6/17) Comment: If the EEC is delayed, or the land sales don’t occur for a number of years, what will happen to AMATA’s stock […]

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AQ SET is ordering AQ to announce details on its equity increase worth Bt150bn and its impact on shareholders, as well as its private placement deal and debt repayment of Bt10bn by June 1. (Bangkok Post 31/5/17) BIZ BIZ is in talks with 8-10 public and private hospitals to install its radiotherapy machine worth in […]

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BEM BEM expects revenue growth of 10% for rail operations and 2% for expressway, on the back of a full year of revenue from the MRT Purple Line and Sri Rat outer ring. It plans to buy 35 new trains. The MRT Blue Line extension is expected to open ahead of schedule, boosting ridership above […]

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