ADVANC ADVANC to launch fixed broadband service early next year. It targets 300,000 customers in the first phase and expects to invest Bt4.6bn. It also said that over the past two years it has invested Bt80bn in its 3G network and it expects to reach 20,000 3G base stations by the end of this year, […]
Read More →AAV AirAsiaGo taps booming middle class – AirAsiaGo, one of Asia’s fast-growing online travel portals, is expediting its expansion in Thailand to catch in on the trend for online travel booking. Yesterday’s announced launch of a US$10mn technology platform, engineered by travel technology giant Expedia, will be instrumental to its aggressive growth plan. (Bangkok Post, […]
Read More →AAV AAV is confident that 2H14 will be in the black because of the calmer political climate. It expects 12.6mn passengers in 2014 and is preparing to take delivery of five new aircraft. (Tun Hoon, 10/07/14) Comment: Been saying for the past few months that AAV will be one of the next companies to improve. […]
Read More →CK Gets Contract 1 of Green Line — The MRTA board has selected CK to take Contract 1 of the Green Line Bearing-Samut Prakarn worth Bt137mn. (Khao Hoon, 28/04/14) ERW ERW: 1Q14 revenue to fall 25% YoY, pulled down by the political turmoil. However, there are better signs moving into 2Q14. It expects revenues this […]
Read More →CHO CHO’s backlog reaches Bt550mn — Management said it will book revenues of Bt200mn in 3Q13 and Bt300mn in 4Q13, helping drive its revenue growth to reach its target of 20% this year. (Khao Hoon, 28/08/13) HMPRO HMPRO setting up property fund — HMPRO is to set up a property fund worth no less than […]
Read More →BECL: June traffic growth of 3.3% — BECL reports moderate traffic growth in June at +3.3% YoY. An associate is listing and will begin to trade on July 18, 2013, at which time BECL will sell 20.6mn shares in the company. (Company) BTS: Vietnam subsidiary to bid for VN elevated rail management —BTS’s subsidiary is […]
Read More →EARTH Raises capital to buy mine in Indonesia — EARTH increased its capital by 1.47bn shares to acquire a coal mine in Indonesia. The company said the dilution affect is 10% and it is confident that revenues this year will exceed Bt8 bn from 4 million tons of coal sales. It expects revenue growth of […]
Read More →Notable Transactions Buy(s): BGH – This has been the story of the year with the President continuing to buy shares PS – Preuksa was the most affected property company last year because of the floods but they have rebounded quite well despite difficulties. Owner buys THB 148 mn TVO – Director of the company accumulates […]
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