Airports of Thailand – Up in the Air

AOT40Airports of Thailand Public Company Limited (AOT.BK) is Thailand’s largest airport operation company. Its 6 international airports (Suvarnabhumi Airport, Don Mueang Airport, Chiang Mai, Hat Yai, Phuket, Mae Fah Luang-Chiang Rai) accounts for 86% of Thailand’s passenger traffics. AOT is furthermore involved in the hotel and restaurant business as well as rental of offices and real estate properties. The company was founded in 1903 and is headquartered in Bangkok. Since March 2004 listed on the SET, the shares can also be traded in the US and in Germany. Continue reading “Airports of Thailand – Up in the Air”

Valuetronics – Value for Money

Valuetronics40Valuetronics Holdings Limited (BN2.SI) is an investment holding company and integrated EMS (electronics manufacturing services) provider for OEM and ODM customers in industrial and commercial electronics, medical equipment and consumer electronics. The company serves international clients in America, Europe and the Asia-Pacific with well-known brands such as NTT, DYMO, HID, Philips, and KitchenAid. Continue reading “Valuetronics – Value for Money”

SATS – The Busy Bees Behind Asian Inflight Comfort

Sats40SATS Ltd. (S58.SI) is Asia’s largest gateway services and aviation food solutions network. The company operates at 43 airports in 11 countries across Asia Pacific and the Middle East as well as through joint ventures in China, Hong Kong, Macau, India, the Philippines, Indonesia, Taiwan, Vietnam and the Maldives. The group controls about 80% of Changi airport’s ground handling and catering business. Continue reading “SATS – The Busy Bees Behind Asian Inflight Comfort”

Noble Group – Commodities aren’t Sexy at the Moment


Noble Group 1-Year Chart 2015Noble Group (N21.SI)
is Asia’s largest commodity trader and one of China’s 20 biggest companies. With headquarter in Hong Kong and listing in Singapore, the company generated 2014 with 1,900 employees and a turnover of almost 86bn SGD an EBIT of 278m SGD. With a debt/equity ratio of 110% and a credit rating near junk level of BBB Noble Group is looking for new funding opportunities. Non-transparent and low commodity prices have made the company vulnerable to short speculations. Continue reading “Noble Group – Commodities aren’t Sexy at the Moment”