Market update 21/05 – 25/05
It is all about the dollar and oil at the moment. Oil prices have dropped by some -5%, watch the market drop to 1,600 levels
Read More →Random Thoughts: Jfincoin, Digital TV, 4 years of happiness, 1Q18 #’s
JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]
Read More →WHTW Top 10: 21/05 – 25/05
Budget for agricultural (via 15 measures) is estimated to add Bt100bn into the economy. Given the budget size of Bt42bn, the budget multiplier is around 2.65X. This should generate income of Bt30bn for farmers. (Kao Sod, 21/5/18) Thai exports hit 7-year high. Ministry of Commerce says April-18 exports grew 12.3% to $19bn, extending a winning […]
Read More →Stocks in the news (aot, bdms, bec, bgrim, cho, ea, gunkul, jubile, lpn, mida, pcsgh, planb, qh, scn, tfg, thcom, tpch, uv) 25.05.18
AOT AOT’s board of directors gave the green light to second airports in Chiang Mai and Phuket budgeted at Bt126bn after forecasts showed the current airports will be fully utilized. It will propose the plan to the cabinet and shareholders for approval. (Kao Hoon, 25/5/18) Comment: With it supposedly completed by 2022, lets add 2 […]
Read More →Stocks in the news (bgrim, fsmart, ggc, gpi, gpsc, mint, ori, pttep, pttgc) 24.05.18
BGRIM BGRIM at risk of losing two projects. BGRIM is facing a risk that development of two power plants (BGPR1 and BGPR2) with total capacity of 240 MW might not be able to continue, because these two projects need to relocate to other industrial estates after the V.R.M. Industrial estate (the original location for these […]
Read More →Stocks in the news (bafs, chow, global, gold, ilink, ptg, spali, tta, ttw) 23.05.18
BAFS BAFS expects revenue reach Bt5bn in 2021 upon a full year of revenue from Phichit-Lampang oil pipe. For 2018, it expects revenue growth of 4-5% on easing of ICAO for 16 airlines. (Kao Hoon, 23/5/18) CHOW CHOW expects revenue to exceed Bt5bn as it will book Bt1bn in revenue from its energy business in […]
Read More →Stocks in the news (eforl, jwd, lph, mc, ori, rp, ssp, sta, tasco, thai, tluxe) 22.05.18
EFORL EFORL shareholders approved a capital increase via private placement of 16,108mn shares to a group of investors led by Mr. Vichai Tongtang. The funds of Bt644mn will be used to expand its medical equipment business for cosmetic surgery. (Kao Hoon, 22/5/18) Comment: Well done that’s changing the story of this holding co JWD JWD […]
Read More →Stocks in the news (asian, bay, bsm, cimbt, ekh, gulf, jsp, k, ptt, ske, true, wha) 21.05.18
ASIAN ASIAN management expects a 2Q18 earnings turnaround supported by strong order flows, a new production line and baht depreciation against the US dollar. The company has Bt1bn budgeted for M&A for business expansion and long-term growth. Its dog and cat food under the new “Maria” brand is expected to bring Bt100mn in revenue next […]
Read More →Market Update 14/05 – 18/05
Same story week in week out but with an added bonus now of the hospital sector waking up post great 1Q18 #’s
Read More →Management Trades 14/05 – 18/05
Notable Transactions Buy(s) THB 1.2 bn SUPER – Share buying between the major shareholders SAWAD – 1Q18 showed a doubling of NPL’s to 8%, but the owners don’t seem fussed by this buyback DDD – Rather expensive beauty product player, stock is now down 20% from the IPO but the founder is buying Sell(s) THB […]
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