AGE Subsidiary investing in two power plants —AGE is having subsidiary AGE Power Holdinginvest in two power plants. The first is in Sukhothai with 3 MW. The other is in Phichit with9.9MW. It expects coal sales grow to 4 million tons. (Khao Hoon, 30/1/14) Comment: Now the forecast has increased to 4mil tonnes from 3mil […]
Read More →AOT No infrastructure fund — AOT denies the rumor that it is going to set up an infrastructure fund. It says that AOT’s financials are sound with cash on hand of Bt40bn and profit of Bt11bn annually. Revenue this year is expected to grow by 10% and earnings for 1Q14 will hit Bt3.3bn. (Khao Hoon, […]
Read More →AJD Submits filing, plans IPO soon — AJD said it has submitted its filing for listing with the SEC on December 26. It plans an IPO of 100mn shares at par of Bt0.50/share. If all goes according to plan, its will do the IPO and list early this year. (Khao Hoon, 02/01/14) Comment: A THB […]
Read More →Not directly related to the market but its interesting to see the latest numbers from Instagram showing that the #1 location in the world was Siam Paragon and that for the most instagrammed cities, Bangkok was #2, you can see below for the whole list. Now if I’m reaching for an investment case…well high number […]
Read More →CK BMCL in the black in two years — CK guarantees that BMCL will be profitable in two years. It also announced that it will buy any shares remaining from BMCL’s capital increase after rights offering. 3Q13 profit was Bt937mn, a 945% increase YoY, while 9M13 grew strongly from a loss thanks to share of […]
Read More →CKP CK’s power unit foresees electrifying 2014 revenue – CK Power Plc (CKP), the SET-listed power unit of Ch. Karnchang Plc (CK), expects revenue growth of 20% to Bt6.8bn next year. It will be the first full year of operation for its cogeneration power plant in Ayutthaya. The higher 2014 revenue contribution of Bang Pa-in […]
Read More →AGE Wins coal orders from China — AGE won new coal orders from China of 300,000 tons and this will help push its international sales for the year to more than 1mn tons. Management expects total 2013 coal sales of 2.5mn tons, with revenue of over Bt5bn. (Khao Hoon, 21/10/13) CPALL Bond issue — CPALL […]
Read More →BCP Investing to raise biodiesel output — BCP said it is will invest Bt1.3bn to increase its biodiesel production from 360,000 liters/day to 810,000 by 2015. (Khao Hoon, 29/08/13)  EA EA expects growth in biodiesel-solar business this year — EA will begin selling electricity from its solar farm in Nakhon Sawan, total of 90MW, […]
Read More →BTS on fast track – BTS Group Holdings Plc (BTS) reported a reviewed net profit of Bt10.82bn in its first quarter ending June 30 this year, up 5,463.37% YoY. Total revenue surged 1,358.2% to Bt16.04bn during the period, primarily due to both stronger operating performance and gains from the sale of net fare-box revenue to […]
Read More →Amata: Still confident of EIA backing. Amata Corporation is confident the environmental impact assessment (EIA) for its 3,500-rai expansion at Amata Nakorn Industrial Estate will be approved this year, ending a long dispute with communities. The company maintains the land sales target of 3,000 rai in 2013, up from 2,800 rai last year. (Source: Bangkok […]
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