BEAUTY BEAUTY open to more foreign partners as it hopes this will put it in the lead in the ASEAN hub. The company plans to invest Bt200mn to open 78 new branches to help bump profits up by 20% a year. It said that the political turmoil has not harmed performance – sales in April […]
Read More →AIT Backlog over Bt3.7bn. It is confident that 2014 revenue will meet target of Bt6.2bn. It aims to bid for new projects worth Bt7.6bn. It reported 1Q14 net profit of Bt199.17mn, +34.84% YoY after completing more projects. (Khao Hoon, 12/05/14) Comment: But on an EPS basis growth is half what was reported due to the […]
Read More →Ohhh a local M&A case! Finally some fun times! VGI Global Media Plc, Thailand’s largest transit-media provider and a unit of BTS Group, has acquired 24.43% of Master Ad Plc (MACO), the country’s largest outdoor media firm. The acquisition is worth 662 million baht or nine baht a share. A quick intro on both firms […]
Read More →Politics politics politics, rewind 6 months, press play, and rewatch 🙂
Read More →Notable Transactions Buy(s) THB 4 mn N/A Sell(s) THB 40 mn SAT – A director sells off THB 35 mn worth of shares, a couple of days before their 1Q14 numbers were released (and they were rubbish YoY)? hmmmmmm.
Read More →Asiasoft Corporation Plc is a leading digital online entertainment company in Southeast Asia with a dominant market share in Thailand, Singapore and Malaysia and a strong presence in Vietnam, Indonesia and the Philippines. Pramoth Sudjitporn, vice-chairman and CEO, talks about the company’s strategy and outlook. Strong infrastructure will allow Asiasoft to add new internet-based entertainment […]
Read More →Thailand Consumer confidence sinks, lowest since Nov 2001: UTCC – Thailand is moving closer to economic recession because of the ongoing political uncertainty, while the Consumer Confidence Index (CCI) in April hit the lowest point in 12 and a half years, the University of the Thai Chamber of Commerce said. (Bangkok Post, 09/05/14) Mobile Expo […]
Read More →EFORL EFORL reported 1Q14 net profit of Bt46mn with revenue of Bt203mn, up from last year, supported by import business and continual growth in sales of medical supplies and equipment. It says revenues this year will reach its target of Bt1.5-2.0bn. (Khao Hoon, 09/05/14) GUNKUL GUNKUL expects revenue to grow by 50% YoY and net […]
Read More →ADVANC AIS says 3G network covers 95% – Advanced Info Service (AIS), the country’s largest mobile operator, says it completed nationwide deployment of its third-generation (3G) network two years ahead of the deadline set by the national regulator. Average revenue per 3G user is 20-30% higher than a 2G customer. AIS expects 75% of its […]
Read More →I’ve decided to make a concerted effort to build the forum section of this site now, less with the posts, and my aim is to add 1-2 interesting companies every month for discussion (latest one is Prakit Holdings Plc, P-FCB), I’m looking forward to seeing all you readers contribute as well. Go here to get started: http://www.thaicapitalist.com/forums/
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