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 →Notable Transactions: Buy(s) THB 70 mn * CGD – A director buys a THB 64 mn worth of shares Sell(s) THB 194 mn * BGH – Post stock split announcement the owner sells THB 185 mn shares, however we still think the stock will continue to run
Read More →So Ichitan Plc (ticker: ICHI) ipo’ed earlier in the week with a subscription price of THB 13.00, the stock hitting +30% during intra-day trading and finishing the week @ THB 17.90/share.. Image source: SETSMART So how can you do a successful IPO? Easy do the following steps: 1. Create a successful consumer business and sell […]
Read More →Advance Information Technology Plc (AIT) provides complete ICT solutions from product supply and applications for turnkey projects to service contracts in both the public and private sectors. Siripong Oontornpan, chairman of the executive board and president, discusses the company’s strategy and outlook. Siripong: Stronger capital base in future What is AIT’s business model? AIT offers […]
Read More →Thailand New BoI board — The PM has signed off on the new set of BoI board members, following the Ministry of Industry proposal submitted to the cabinet on 22 April. (Post Today, 24/04/14) MPC leaves rate alone – The Bank of Thailand’s Monetary Policy Committee (MPC) left its policy interest rate unchanged yesterday but […]
Read More →AGE AGE to conclude deal for 9MW capacity biomass power plant with partner within 2H14. It expects investment to be Bt700mn. (Khao Hoon, 25/04/14) Comment: This deal will be done between QTC, AGE and 2 other partners I believe, its been around in the news for a while now ASP ASP leads in net profit […]
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 →Even though on a YoY basis its down -0.3% (March ’13 had a massive spike), the trend is undeniable, and within the next year they’ll continue to extend the line further. Source: BTS
Read More →The facts: Applications were valued @ THB 234 bn down 10% YoY w/ project numbers of 291 down 48% YoY Led by auto’s, petrochem and power plants Foreign projects rose YoY 28% Main investors were Japan, US, China and S. Korea So what? Growth in the SME area is suffering, that goes without saying, but […]
Read More →AAV Thai AirAsia X to take to the skies in June – Thai AirAsia X, Thailand’s first long-haul low-cost airline, will take to the skies about two months from now despite the tourism market being dragged down by the country’s political turmoil. After putting off the launch previously planned for the first quarter, Thai AirAsia […]
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