Notable Transactions Buy(s) THB 471 mn RS – Quite the buys by the major shareholders in RS then again they were buying heavily in the 20’s as well. THG – His hospital stock hasn’t been performing very well. Why? It ipo’ed at ridiculous valuations and this retirement home plan isn’t working out just now Sell(s) […]

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CHAYO CHAYO has set up a subsidiary to provide loans to borrowers in EEC in 4Q18. It will benefit from entering the Pico finance business after the Finance Ministry gave its approval. It expects 2H18 revenue to grow after acquiring debt from banks. It expects its debt portfolio to reach Bt39bn and targets 2018 revenue […]

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AOT AOT expects 2018 earnings to be a record high Bt20bn. 10M18 passenger pass-through grew 12%YoY. It proposes adding four airports under its management: Udon Thani, Sakon Nakhorn, Chumphon and Tak. It is waiting for cabinet approval, expected in September. (Thun Hoon, 28/8/18) Comment: What Phuket issue? Ignore the news regarding all this tourism rubbish, […]

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GLOW GLOW reported 2Q18 earnings of Bt1.8bn, down 36.5% YoY. 1H18 earnings were Bt4.4bn, down 6.7% YoY, due to higher maintenance cost and FX loss. (Kao Hoon, 1/8/18) Comment: Interesting, just as the acquisition is completed does GLOW report weaker earnings. HMPRO HMPRO posted 2Q18 earnings of Bt1.3bn, up 16.03% YoY. 1H18 earnings were Bt2.56bn, […]

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BTW BTW plans to expand abroad and has no concerns about the US-China trade war. Its CEO says its 1Q18 backlog is Bt567mn and it is waiting to bid for many projects with a total value of more than Bt4bn. (Thun Hoon, 11/7/18) CRD CRD was awarded a new project which brought backlog to Bt1bn […]

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JWD JWD invested Bt315.73mn: Bt146.57mn to buy 40% of Bok Seng shares and Bt169.16mn to take a capital increase by PPSEZ, which operates a logistics business in Cambodia worth. (Kao Hoon, 12/6/18) Comment: Curious as to how this fits in within the group’s overall plan or if these are just opportunistic acquisitionsĀ  KTIS KTIS expects […]

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Hot off the presses! The following are changes in constituents will take place as of the close of May 31, 2018: MSCI GLOBAL STANDARD INDEX (+1) LH (-2) KCE, SCC-F   MSCI GLOBAL SMALL CAP INDEX (+6) DDD, KCE, MONO, PRM, THG, TPIPL (-9) BIG, EASTW, FSMART, GL, KTC, LHFG, MALEE, SAMART, TSE

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AQ AQ reported Bt20mn profit in 1Q18 from Bt60mn loss in the same period of last year. Management reveals a plan to launch three new projects in areas with potential this year and is preparing to sell land via auction to repay bank debt. ( Thun Hoon, 14 / 5 / 18 ) ETE ETE […]

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ANAN ANAN believes 2018 revenue will grow by 18% to Bt28.3-34.3bn, even though transfers of Ashton Asoke have been delayed. It says it is willing to return the money if the project is not able to be transferred by the scheduled date. It also says 95% of its customers are willing to wait for transfers […]

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AMATAV AMATAV reported 2017 earnings of Bt422mn, up 585% from last year thanks to booking Bt642mn from land sales, implying growth of 81% and driving total revenue to grow 30% to Bt1.17094bn. At the same time, it cut expenses by 40%. (Khao Hoon, 14/02/18) Comment: And this should continue for vietnam over the next 3-5 […]

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