AEONTS AEONTS issues debenture of Bt8bn which it will use to refinance and as funding to support its business. It reported 1H16 profit of Bt515.84mn supported by more credit card revenue. (Thun Hoon, 08/07/16) Comment: Still one of the best operators in town  AOT AOT has budgeted Bt194bn to develop its six airports over […]
Read More →CENTEL CENTEL plans to take over Thai Foods brand. It targets 2016 revenue to grow at 10%, driven by healthy tourism. (Thun Hoon, 7/7/16) GRAND GRAND plans to take over a prestigious hotel in Thailand. It expects to see healthy 2Q16 earnings, driven by booking from Hyde Sukhumvit 11 and hotel businesses. (Thun Hoon, 7/7/16) […]
Read More →AKR AKR is bidding for government transformer jobs worth Bt3bn and expects to get 10-15%. It expects to get solar job from EPC worth more than Bt400mn. This will support 2016 revenue to reach Bt2.5bn. It plans to expand to Indonesia and Vietnam. (Thun Hoon, 06/07/16) CHG CHG expects 2H16 earnings to double supported by high season […]
Read More →AP AP expects 2Q16 earnings to continue to grow, supported by its transfers. It expects 2016 revenue will hit target at Bt23.7bn supported by backlog of Bt12.9bn and the launch of 13 new projects. (Thun Hoon, 05/07/16) BIG BIG has opened its “WONDER PHOTO SHOPâ€, its first outlet for printing photos from smartphones. This has […]
Read More →AOT AOT is confident that FY2016 profit will be a new high. It reports 1H16 profit of Bt10.1bn supported by tourism recovery. It targets 2016 passengers of more than 12.5%. It will increase its investment budget to Bt194bn to develop six airports and increase non-aeronautical ratio to 50%. (Thun Hoon, 04/07/16) BJC BJC announces a […]
Read More →I remember 2015 being a year driven by local institutions, interesting that this year has been one driven by foreign institutions thus far.
Read More →Looks like that Brexit scare was shortlived.
Read More →Notable Transactions Buy(s) THB 22 mn n/a Sell(s) THB 206 mn MCS – The owner sells some 2% of shares in the market CK – Does K. Plew not believe that his company is worth more w/ all these infrastructure projects? CK
Read More →The property developer Chewathai (CHEWA) listed on the Market for Alternative Investment in April of this year. Managing director Boon Choon Kiat discusses the company’s strategy and outlook. Mr Boon says oversupply in certain areas of the property market makes it rarer for projects to sell out overnight. Established communities and mass transit access are […]
Read More →Adjustment could save state B10bn a year — The Fiscal Policy Office (FPO) is considering reviewing the blanket living allowance for the elderly in order to cease paying the subsidy to those with sufficient income and reallocating this portion to others. (Bangkok Post, 27/6/16) ASEAN to press RCEP to cut tariffs on 92% of goods […]
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