AH AH believes 2017 earnings will make a new high, as auto production has increased to 2mn. It expects revenue and earnings will continue to grow in tandem with increasing orders from economic recovery. (Khao Hoon, 6/12/17) Comment: Every automotive manufacturer has recovered, one fear we have is that there will be limited additional investments […]

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Notable Transactions Buy(s) THB 54 mn BLAND – And he’ll keep buying his shares forever Sell(s) THB 159 mn SPPT – The Chairman is sold a decent number of shares, a block trade perhaps? DIGI – Formerly known as ABC – yes that odd company that was doing solar powered pet stores and condominiums, a […]

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BJCHI BJCHI expects big projects due to higher oil prices. It currently has backlog of Bt850mn which will be recorded in 3Q and 4Q. It is bidding in auctions worth Bt7bn in 2H17 and the beginning of 2018. (Thun Hoon, 4/9/17) Comment: They’ve been struggling ever since oil prices decline. But they still have a hefty […]

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EARTH KTB to send legal officers to investigate EARTH after it filed for bankruptcy with the Central Bankruptcy Court with total debt of Bt47.5bn, higher than its assets of Bt31.8bn (Bangkok Biz, 1/8/17) Comment: “Where did our money go krub?”    FTE FTE signals brighter 2H17 earnings, driven by private and public projects with total […]

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Notable Transactions Buy(s) 32 mn N/a Sell(s) 146 mn DCORP – Does it mean something when the Vice Chairman sells 3% of the company? ITD – And the selling continues by the owner SPPT – Another president/vice chairman selling a decent chunk in a public co.

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Buy(s) THB 206 mn BDMS – He’s back to buying! EA – The family is buying still, even @ these levels. Sell(s) THB 124 mn ITD – And he keeps selling out, margin calls? Or just the fact that the equity is worth nothing in a company with so much debt and construction issues?

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AAV AAV expects this year’s performance to be robust supported by strong tourism and route expansion. The company expects the number of passengers to reach 19.5 mn with load factor at 85-86%. It also looks to open a new route to Vietnam in June. (Thun Hoon, 30/05/17) Comment: Still the best airline operator in the […]

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ABC ABC is talking to a prospective partner in China to provide WeChat Pay service in Thailand. It continues to improve its back office with the goal of improving its data management. It plans to develop an e-wallet application to meet the needs of the new generation. (Thun Hoon, 24/05/17) Comment: Not sure I would […]

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AJD AJD’s shareholders approved to change the company name to AJA. Shareholders also approved a Bt1bn debenture. It expects solid performance this year thanks to digital TV coupons. It also plans to expand its line of business to water dispenser service and E-money. (Kao Hoon, 02/05/17) Comment: A name change? For what? I don’t think […]

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