AOT Earnings soar 173% YoY in 1QFY13 —AOT posted 1Q FY13 earnings of Bt3.4 bn, growing 173%YoY. Revenue was Bt8.6 bn. AOT is benefiting from the reopening of Don Mueng airport. It also recovered a FX gain of Bt1.3bn. (Khao Hoon, 15/02/13) LPN DPS of Bt0.53 — The LPN board approved a dividend of Bt0.53/share on its […]
Read More →BTS Surge in profit in 4Q12 — BTS posted a 4Q12 profit of Bt1.17 bn, up more than 200%YoY. The impressive earning is supported by15.7% YoY growth in ridership to 600K riders/day. Other businesses, advertising and property, also did well. (Khao Hoon, 14/02/13) Comment: We’ve commented on BTS quite a few times already, thus the […]
Read More →BLAND Back in the black — BLAND reported a net profit of Bt122mn for the quarter ended 31 December 2012 compared to a loss of Bt268mn for the same period last year. Its revenue increased to Bt969mn (2011 – Bt605mn) and gross profit increased 158% to Bt523mn (2011 – Bt204mn). (Khao Hoon, 12/2/13) Comment: Wooo! […]
Read More →BLAND Earnings announcement this week — BLAND will announced is 3Q12 earnings this week and profits are expected to reach Bt2bn, pushing its P/E to as low as 13x, with an EPS of Bt0.15. It will not be limited to cash balance after its P/E has dropped significantly and trading volume this week is limited […]
Read More →Its been on the news quite a bit in the past few weeks that because the Thai Baht has strengthened 2.5% YTD  Overseas investors have bought $1.2 billion more sovereign notes than they sold this month through Feb. 8, Thai Bond Market Association data show. Finance Minister Kittiratt Na-Ranong said on Jan. 31 there’s concern […]
Read More →The market spent most of the past week on a sideways trend, some days up some days down, some days foreign buying some days foreign selling, the property sector still continues to rock n roll however the telco sector has been lagging slightly. This week should be fairly quiet due to Chinese New Years, lets […]
Read More →AIT Aiming high — AIT aims to bid for more than Bt10bn worth of project this year from trueNET-CAT-ICT. The company also revealed that it is in the process of obtaining a concession from the government of Myanmar to invest in the telecommunications sector. AIT targets revenues this year to reach Bt5.4bn after booking profit […]
Read More →Notable Transactions Buy(s): SIRI – The President bought these shares from his private investment vehicle, only to eventually sell them @ the same price, first time we’ve seen a sell under his name Sell(s): BLA – Main owners BLAND – K. Ananttttttttttttt sold his warrants SIRI – See Above TPIPL – A director sells off […]
Read More →Positive(s) Local Consumer confidence rises again — Consumer confidence rose for a fourth straight month in January, hitting a 16-month high, as concerns about global and domestic economic prospects eased and people’s incomes rose thanks in part to the nationwide daily minimum wage hike, says a local economist. The consumer confidence index climbed to 81.7 points […]
Read More →ADVANC Advanced Info Service: Planning 3-year capex of Bt70bn— Advanced Info Service PCL (ADVANC.TH), Thailand’s largest mobile phone service provider by subscribers, is planning a three-year capital expenditure of Bt70bn (US$2.35bn), mainly to expand its third-generation service on the 2.1 gigahertz spectrum. The company expects service revenue to grow by 6%-8% this year, driven by […]
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