Everyone once in a while there’s a comment that there is going to be a bond crisis in Thailand, I just don’t see it. Here’s the issue with these BE’s They are junk companies. They were able to get paper financing at rates lower than bank financing (IFEC with single digit cost of funding for […]

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ANAN ANAN is launching five projects worth in total Bt21.1bn along with its JV Mitsui at Paragon on June 22. Currently, the company has Bt42.5bn worth of backlog on hand to be recognized through 2019. (Kao Hoon, 6/5/17) Comment: A continuation of what they’ve been wanting to do for the past few years, now it […]

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ANAN ANAN expects to outperform its sector within the next three years. 2Q17 will benefit from strong sales volume . (Thun Hoon, 2/6/17) Comment: Let us hope for their sake that the property market continues it strength in new developments. BIZ BIZ received loan approval from CIMB Thai for the Cancer Treatment Center at Chulalongkorn […]

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AH AH will invest Bt3.52bn to take 25% of Sakthi Global Auto Holdings Limited (SGAH). Funding will come from US$25mn in cash and US$75mn in loans from financial institutions. After the purchase, SGAH will undergo restructuring. (Kao Hoon 26/05/17) Comment: I hope that it won’t be a mess of an acquisition like the KPN purchase […]

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The Thai stock market has been rather volatile because rumours of the King’s health in September and his unfortunate recent passing. A lot of questions were asked throughout the market regarding how on earth did the market rebound so quickly the day of the event. Some say it’s a “Sell the rumour, buy the fact” others point […]

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AIRA AIRA plans to sell 20% of subsidiary AIRA property PL” to Eugene Investment & Securities, which is an investment company in Korea. It expects this to help support its property business. (Thun Hoon, 13/10/16) ATP ATP has made contracts with two current customers, with a total value of Bt120mn. It is talking to five […]

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ACAP ACAP raising loan target to Bt3.5bn from Bt2bn. There is progress in its plan to expand abroad and it expects to wind up a deal with two partners in Cambodia. It plans to issue a debenture worth Bt1bn with interest rate at 5.6%. The call center business continues to grow. (Thun Hoon, 21/09/16) CENTEL […]

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Notable Transactions Buy(s) THB 273 TU – The owner decides to pick up a fair amount of shares BTW – looks like a block trade between shareholders Sell(s) THB 245 IFEC – Does he not believe in IFEC’s dream to somehow do everything despite not having the capital? BTW – see above PT – A rare […]

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ABC ABC is ready to start presales of ABOVE Sukhumvit 39 condo. It expects presales to reach 70-80%. It expects to wipe out its retained losses this year. (Thun Hoon, 26/08/16) Comment: Argh….I’m bored of reading news about this company AH AH maintains 2016 revenue growth target at 5%, aligning with the auto industry. It […]

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AJD AJD reported 2Q16 net profit of Bt126.59mn on higher sales at a subsidiary and implementing cost control. It expects 2016 revenue to grow 10-15% from last year backed by transfers. (Thun Hoon, 16/08/16) ASEFA ASEFA expects 2016 revenue to grow 20% backed by mega projects with backlog of Bt1.8bn, of which 60% is expected […]

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