AOT AOT expects to benefit from recovery in tourism, more passengers, and growth in flights by low-cost airlines. It targets non-aviation revenue to comprise 50% within three years. It plans to expand terminals in order to handle 6-8% passenger growth each year. (Thun Hoon, 28/06/16) BEAUTY BEAUTY expects 1H16 net profit of Bt169.61mn driven by […]
Read More →BIG BIG is confident that 2016 revenue will surpass its 10% growth target thanks to an expansion of 15-20% in the camera market. It expects to maintain gross margin above 32%. It expects printing from smartphones will support earnings in the future. (Thun Hoon, 22/06/16) Comment: As evidenced by 1Q numbers, they will far surpass […]
Read More →AAV AAV expects 2Q16 earnings continue to be good supported by passenger growth and lower oil price. It plans to open four new routes. In 1Q16 earnings was over Bt1bn due to high season. (Thun Hoon, 24/5/16) AP AP launched two new condominiums valued at Bt3.64bn. Presales will be held on June 4-5. It targets […]
Read More →ADVANC ADVANC will bid for 900MHz. It is ready to pay the guarantee of Bt3.78bn after getting backing from BBL and KBANK. The bidding will be on May 27 and first payment expected in June 2016. (Thun Hoon, 19/5/16) Comment: Should be a non-event, my eyes are just turning towards 2Q #’s to see how […]
Read More →ALT ALT will hold a roadshow in five provinces. It expects to have an IPO selling 250mn shares in late June and list on the SET in 3Q16. (Kao Hoon, 16/5/16) Comment: The IPO market has been quiet so far this year other than ASN which did well on its first day pop last week […]
Read More →ADVANC ADVANC reported 1Q16 profit of Bt8.1bn on revenue of Bt37.25bn. It has 38.9mn subscribers. It will maintain its EBITDA at 37-38%. It will keep its dividend payout at 100%. It continues to expand subscriber numbers and its 4G network. It will bid for 900MHz on May 27. (Thun Hoon, 10/5/16) Comment: 1Q16 demonstrated the […]
Read More →On the back of the sensational news that executives from CPALL were caught with their hands in the cookie jar for front running the public by buying MAKRO shares before the takeover announcement, the SEC has continued on its crusade to clean the SET further. The latest fines are now to WHA – The founder  Somyos Anantaprayoon, […]
Read More →Notable Transactions Buy(s) THB 639 mn BA – And he continues to buy and buy and buy, this time 400 mn worth of shares SAWANG – Just a share swap amongst the family members IFEC – That’s quite an expensive way to support one’s stock price. Sell(s) THB 3.4 bn WHA – Block sale by […]
Read More →ANAN ANAN targets 2016 revenue to reach Bt11bn backed by Bt37.2bn backlog. It plans to launch 12 projects, valued at Bt22bn. (Thun Hoon, 26/02/16) Comment: Seems to be rather conservative estimates coming out from the management team given their backlog, lets see how things unfold during the year BANPU BANPU expects net profit to return […]
Read More →AGE AGE plans to invest in Vietnam this year to meet high demand. It has budgeted Bt40-50mn to invest in new plants after seeing substantial local orders. It expects to focus on SME segment. It expects 2016 revenue growth to achieve its target of 10-15%. (Thun Hoon, 26/01/16) Comment: And they should be announcing something […]
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