CK Good 1Q14 — CK says 1Q14 revenue was good, supported by backlog of Bt110bn. It reaffirms that revenue will surpass Bt30bn this year. It expects to sign for additional work worth Bt22bn. CK’s shareholders have also given the green light for an increase in the debenture amount that CK can issue by Bt8bn from […]
Read More →AOT Admits to traffic fall in 1H14 — AOT says the political situation has pressured passenger traffic down in 1H14 to the point where management is not certain it will meet its revenue growth target of 10% YoY. It is considering reducing landing fees to give airlines an incentive to come to Thailand. (Khao Hoon, […]
Read More →BEC CH3’s analog channel still the main stay – BEC World, the broadcaster of Channel 3, yesterday announced it would operate its existing analog TV channels and three new digital channels at the same time. (Bangkok Post, 22/04/14) ICHI Climbs high on first day — On its first day of trading, ICHI share price increased […]
Read More →AGE AGE to invest in a 9MW biomass power plant, a new line for its business. It is confident the biomass plant will bring in revenues of no less than Bt200mn per year. Coal sales for 2014 are to exceed 3mn tons this year, driven by strong demand from clients abroad. (Khao Hoon, 29/01/14) Comment: […]
Read More →BMCL BMCL gains from political protest which has raised average passengers to 360,000 a day, +30%. The MD expects a good performance in 1Q14. The Mass Rapid Transit Authority of Thailand is preparing to sell bidding envelops for the Blue Line next month. (Khao Hoon, 28/1/14) Comment: At least there are some beneficiaries to the […]
Read More →BGH Stock market watchdog fines trio nearly Bt10.5 million for misusing inside info – The Securities and Exchange Commission’s settlement committee has imposed fines totaling Bt10,488,534.01 on Thavatvong Thanasumitra for using inside information to purchase shares of Bangkok Dusit Medical Services (BGH) and on Viporn Jitsomwang and Narumon Chainaknan for aiding and abetting Thavatvong’s wrongdoing. […]
Read More →CHG Lots of cash, plans to buy hospitals — CHG currently has over Bt390mn cash in hand and plans to acquire 1-2 new hospitals. Its revenue and profit are expected to grow at 20%. (Khao Hoon, 26/09/13) Comment: Still curious about the management share sales, which have been substantial, first thoughts go to BGH buying […]
Read More →AP 2H13 to be good — AP expects second half performance to be strong and will book revenue of Bt10bn from its backlog of more than Bt30bn. It expects sales in 2H13 to reach Bt13bn. It has raised the number of project launches this year to 28, a total value of Bt32bn. (Khao Hoon, 11/09/13) […]
Read More →ANAN Buys land for condo on Sukhumvit — ANAN acquires the land to develop a condominium in Sukumvit worth Bt825mn, using the funds from its IPO. The company expects to launch the first phase in 1Q13 with construction finished in 1Q14. (Tun Hoon, 19/12/12) Comment: They needed to IPO to raise capital and I’m not […]
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