BA CEO says give BA some time – The Chief Executive Officer of BA, Khun Prasert Prasartong-osoth told shareholders yesterday that the reason the price of BA shares has fallen below IPO price is that it has been listed only six months and needs at least a year to prove itself to investors. Shareholders voted […]
Read More →AUCT AUCT revealed that it is studying the business potential abroad. If it is feasible it will begin the business by early 2016 and expects this could contribute 10% to its revenue. Management expects 1Q15 performance TO be strong with revenue growth of 20-40% YoY in 2015. (Thun Hoon, 07/04/15) Comment: Still my biggest regret […]
Read More →ASP ASP says it has at least 32 IB deals. 18 are IPO deals and 14 are M&A. This will secure a good revenue stream for the next two years. The firm expects 15% revenue growth this year. (Kao Hoon, 10/03/15). Comment: Still the best complete IB house in Thailand today. MTLS MTLS sets the […]
Read More →BA BA looks for good 2015, supported by better tourism industry. It expects passenger number to grow by 6mn from 4.79mn last year. It will expand fleet, adding four new ATR72-600s. In 2018, it will have 43 planes versus 27 planes at end 2014. This will support passenger growth in line with the turnaround of […]
Read More →BAY Bank of Ayudhya launches new corporate credit, aiming at three key businesses, i.e. car dealers, tire dealers and electrical appliance dealers. The key selling point is to waive collateral and give a high credit line to accommodate the value chain of the businesses. (Thun Hoon, 03/02/15) BTS/AEONTS BTS joins with AEONTS to launch joint […]
Read More →DIMET DIMET says 2014 will be in the black though it faced net losses in 1Q14 and 2Q14. The company expects recovery in 3Q14 and 4Q14 and is looking for a partner to support its business. It does not know what is behind the sharp increase in its share price. (Kao Hoon, 12/12/14) GOLD GOLD […]
Read More →ANAN ANAN budgets Bt3bn to purchase land to support business expansion. The company targets revenue of Bt12-15bn with presales of Bt22.5-23.5bn in 2015. (Kao Hoon, 11/12/14) Comment: The upside for me in ANAN is on operational leverage i.e. fixed costs should be stable, thus with revenue growth of 20-30%, i wouldn’t be surprised to see […]
Read More →AMATA AMATA signs contracts with Chinese and Japanese customers to sell a total of 200 rai of land. It expects to sign more contracts for 500 rai in 4Q14. Although it admits that revenues for the year will be lower than last year’s Bt7.605bn, it says land sales this year will reach its target of […]
Read More →AJP AJP to maintain core business, provision and production of television satellite programs. It said politics did not impact 2Q14 earnings. (Kao Hoon, 30/07/14) APCO APCO accesses Chinese market after China approved three cosmetic products. The company and partnership will focus on China, Taiwan, Macao, and Hong Kong and book revenue from these markets in […]
Read More →AIE IPO shares sold out — AIE sold all its IPO shares with 9,827 retail investors receiving the shares. It will list on mai on Jan 6, 2014. (Khao Hoon, 27/12/13) Comment: The usual little one, pop and drop! IVL JV in UAE — IVL entered into a joint venture agreement with ChemaWEyaat to build […]
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