AMANAH said it has yet to be approached by GSB for all the stake, sees parent co, iBank, keens to keep leasing unit. Comment: Have to love all these rumours in the market. AOT said the Satellite 1 (SAT-1) passenger terminal is 95.23% completed and will be 100% in April 2021. Reported passengers dropped almost […]

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BGRIM’s expected to get license to import 500-600K tons of LNG per year today, after GULF got their license yesterday to import 1.7m tons. Comment: A license to print $ BOT fined BFIT Bt3.155m for overcharging for assets appraisal. Comment: A small fine…how does this prevent firms from playing a fool INTUCH signs Singapore partner, […]

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AOT sees FY20 turnaround from higher contribution of new duty free concession kick-off September 20, pick up counter concession at SIA and DMK airport to announce winner January 27,20, seeks to expand non-aero revenue to balance revenue mixed. Comment: Their business should be focused upon improving efficiencies further at the airport  BCPG sets next year EBITDA […]

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Notable Transactions Buy(s)  THB 744 mn FNS – Now thats interesting. The MD just bought a substantial amount of shares. I wonder what’s going to happen here OCEAN – Share swap between new and old owners MK – Another share swap between new and old owners Sell(s) THB 437 mn MK – See above OCEAN […]

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EASTW EASTW is preparing to sign a water sales contract with GULF on Aug 24 to supply 60k cubic meter per day. The contract period is 25 years, worth Bt6bn. This will increase EASTW water sales volume. (Thun Hoon, 20/8/18) GCAP GCAP plans to adjust 2018 loan target from Bt1.8bn. The outcome will be clear […]

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A lot of deals have taken place in the past few months, we’ve had a change of major shareholders in NOBLE, GLOW being acquired by GSPC, and LH’s founder going for another 10% in his co. And now the latest one is SPALI w/ MK, although granted back in the day a related family member of […]

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AP AP targets 2018 revenue at Bt28.1bn and presales at Bt33.5bn. It is going to launch 34 projects, worth Bt49bn after making a new high for 2017 presales of Bt42.9bn. (Khao Hoon, 07/02/18) CHEWA CHEWA plans to launch new projects worth Bt3.75bn. It targets 2018 revenue to grow by 20% to Bt2.4bn. It believes the […]

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AS AS is talking to a prospective partner to invest in a new business. It expects a conclusion within this year. It expects net profit to return to the black in 2017 and plans to wipe out retained losses. It plans to launch 13 games over six countries. It plans to expand to Myanmar and […]

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BJC BJC will recognize a full year revenue from BIGC after completing M&A. It expects 2017 net profit of Bt7.7bn, up 104%YoY on the back of 1-2% SSS growth and new stores. (Thun Hoon, 08/02/17) Comment: 3 things, 1. Full year recognition; 2. Interest payments decrease; 3. BIGC margins improve. Now if BJC executives get […]

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AAV AAV targets 19.5mn passengers in 2017 and expects load factor of 84%. Going forward, its strategy is to expand its route network to new potential markets including CLMV that will balance revenue contribution which at this point is heavily reliant on the China market. It plans for the expansion to eventually lower the revenue […]

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