Notable Transactions Buy(s) BGH – No surprise here, I’d still expect to see continuous buying by management/directors Sell(s) KK – CEO sells off a huge stake @ THB 55 mn, relative to the other fin co’s KK is trading “cheaply” NWR – Used to have this stock, but since exited, all these construction companies have […]
Read More →ARROW Revenues to grow 30% this year — ARROW targets revenue growth of 30%, touching Bt1bn, this year and will maintain its net profit margin at 10-12%. The company will focus on cost reductions, increase its exports by 15-20% and also increase its capacity to support the upcoming AEC. This quarter, it also expects to […]
Read More →BECL Traffic growth sinks in February off high base — BECL reported traffic growth of 0.21% YoY in Feb 2013, braking hard from 2.6% in Jan 13. (Company data) CPF CPF targeting health-conscious, overseas — CPF’s new ready-to-eat brown rice-jasmine rice is aimed at a new focus on healthful eating by much of the younger […]
Read More →Positive(s) Thailand Inflation slows for second month on subsidies, baht — Inflation slowed for a second straight month in February as government subsidies held down prices and a strong baht made imports cheaper while food prices well. Commerce Ministry figures show annual headline inflation rose by 3.23% YoY last month, down from 3.39% In January […]
Read More →BEC Sees no roadblocks ahead — BEC expects business to continue growing from last year, after raising ad rates by 50% for 30-40 programs in 1Q13. It is also ready to bid in the TV digital auction in the second half of the year after more clarification from the NBTC. (Khao Hoon, 08/03/13) BGH BGH […]
Read More →BAY BAY, top 10 developers go for quality clients – Bank of Ayudhya is partnering with the country’s top 10 property developers to offer attractive loan terms, including zero interest on initial repayments, to home-buyers seen as high-quality borrowers. (The Nation, 07/03/13) BANPU To sell 48mn tons of coal in 2013 — BANPU targets 48mn […]
Read More →HMPRO 17th Expo coming — HMPRO will host its 17th Homepro Expo and invest Bt120mn in the event, while also bringing in 300 partners and offering discounts of up to 80%. The company expects sales of over Bt650 from the event. (ASTV Manager, 06/03/13) ITD ITD gets Purple Line #6 — ITD has won the […]
Read More →Thailand’s start to the year has continued to be fantastic this despite valuations being “high”. The local fund flow from retail investors on the back of the government spending plans have been the main drivers plus the lack of bad news all help the market.
Read More →CK CK targets 20% share of projects — Ch. Karnchang Plc (CK) expects to win 20% of the government’s planned Bt2tn infrastructure projects, boosting its revenue by 10-15% annually over the next seven years. It targets its revenue to grow from Bt18bn last year to Bt25bn this year and to Bt28-30bn in 2014. CK expects […]
Read More →Notable Transactions Buy(s) THB 153 mn BLAND – K. Anant continues to purchase more shares in his company Ticon – This is a switch of ownership in the warrants between K. Chali’s spouse and himself Sell(s) THB 183mn BGH – A big sale from BGH? Now that’s a rarity. EMC – Well know stock trader/manipulator, […]
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