BBL BBL has budgeted Bt200mn to invest in “Thai Payment Network”, increasing its shares to 69.08%. It targets to expand business as the country moves towards a cashless society. (Thun Hoon, 19/9/18) BEAUTY A mutual fund in the US is interested in BEAUTY due to its strong fundamentals and good future. It expects some good […]
Read More →BCPG BCPG expects 3Q18 earnings to be a record high as it will book extra gain from the sale of a solar farm project. The Bt3bn solar farm project will be sold to a mutual fund in Japan and the deal will be completed in September. (Thun Hoon, 18/9/18) BRR BRR is setting up a […]
Read More →ADB ADB expects adhesive and sealant demand to grow in 2H18. It plans to expand both in domestic and foreign markets. It is controlling cost to keep gross margin stable. It reported 1H18 earnings of Bt16.43mn, +1,225%. (Thun Hoon, 17/9/18) Comment: Magical numbers… ADVANC ADVANC expects service revenue to grow 5-7% this year. It is […]
Read More →Notable Transactions Buy(s) THB 20.5 mn N/A Sell(s) THB 27.9 mn N/A It’s not even holiday time and there are no big buyers (north of THB 20 mn) nor sellers
Read More →Elections! Well until a date is confirmed there is still a chance for a delay, it would only be the 4th time…but here’s hoping so then the SET can go on its usual pre-election rally of +10-15%.
Read More →Dems adopt primary vote in leadership race. For the first time in its history, members will choose top-seat contender. A primary voting system intended to give the public more active engagement in politics will be adopted by the Democrat Party to decide its next leader, which could set the tone for other parties under a […]
Read More →BM BM expects 3Q18 results to be outstanding, supported by new orders. It is confident that revenue will grow by 10-20% to reach Bt1bn. Backlog is Bt500mn, all of which will be booked as revenue this year. It plans to launch a new product. It was awarded a project bid from DTAC to set up […]
Read More →Cho Thavee PCL (SET:CHO) Director, Mr. Suradech Taweesaengsakulthai discusses the company’s strategy and outlook in The Executive Talk (TET) TET: Please explain the history of CHO. CHO: Our founder, K. Cho Taweesaengsakluthai originally began as a rice mill managing 5 mills throughout the Northeast region in Thailand. However, his key passion was in engines and automotives, […]
Read More →AGE AGE expects high season in 4Q18. It has 500-666k tons of coal prepared to send to customers. It expects sales volume to reach 3mn tons after it sold 1.8mn tons in 1H18. (Thun Hoon, 13/9/18) Comment: Well..ok but I don’t see much happening here regardless, and the #’s aren’t showing much either. AMATA AMATA […]
Read More →ANAN ANAN launched IDEO Ratchada-Sutthisan condominium worth Bt1.6bn, boosting sales in 3Q18. Unit price starts at Bt2.49mn. It has contracted CIMBT to issue subordinated debentures at a rate of 8.5% for the first five years. It plans to sell the debentures to local institutions and HNWIs on Sep 20-25. (Thun Hoon, 12/9/18) Comment: Everything is […]
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