AI AI expects good 3Q14 net profit of Bt21.85mn due to a higher margin for its porcelain insulator business and no stock loss from the biodiesel business. Management expects revenue of Bt6bn in 2014 and aims to expand overseas. It hopes to obtain power plant construction of Bt1bn. (Thun Hoon, 07/10/14) Comment: AI has been […]
Read More →EPG EPG is preparing to sell 700mn IPO shares and list on SET in late 2014. The company will use the funds from the IPO for business expansion. (Kao Hoon, 06/10/14) Comment: No idea about this company. But I suspect it will be the same story FPI FPI continues to expand margin and expects peak […]
Read More →Notable Transactions Buy(s) THB 2 bn AJP – The Chairman buys a whopping # of shares worth THB 665 mn DCC – I’ve had to double check this, but its true, DCC’s management/owners bought THB 1.16 bn worth of shares, most likely a swap with an institution SRICHA – THB 241 mn shares bought by […]
Read More →The market wobbled last week for the first time in many months and the question on a lot of people’s minds is whether or not this is a head fake, or a sign of a continued downtrend. On the bull side – we still have a lot of money that is going to be spent […]
Read More →Reporters at Bloomberg put together a wonderful article on the current political ongoings in Thailand and the role of the army, see below for a few snippets and a link to the full article “If you look at Thai history, the head of the army is the main key position, but that changed with the […]
Read More →Mr Chanitr said market capitalisation from new IPO securities could beat the SET’s target of 210 billion baht. So far, 190 billion baht in market capitalisation has been added to the two markets from newly listed securities. Here are the facts: IPO’S YTD: 28 on both the MAI & SET worth THB 140 bn (10 […]
Read More →Thailand UTCC: September Consumer Confidence Index fell to 79.2, from 80.1 in August. This was the first decline in 5 months. (Post Today, 03/10/14) Govt stimulus to back 2% GDP growth: Sommai – Finance Minister Sommai Phasee has expressed confidence that the government’s three-month stimulus package will result in gross domestic product growing 2% this […]
Read More →AJD Technical trend signals new high at Bt14/share on the news that its sales of the set-top box will increase with the coupon to be distributed soon. It expects revenues to reach Bt16.5bn. The management said it is considering partnering with a Chinese company to set up a subsidiary for a solar farm project. It […]
Read More →BBL BBL wins Myanmar licence – Bangkok Bank (BBL), Thailand’s largest lender by assets, is the only Thai bank among the first nine foreign ones to win a limited banking licence in Myanmar. The approval is preliminary for 12 months, during which time the winning banks must comply with Central Bank of Myanmar requirements before […]
Read More →Notable Transactions Buy(s) THB 848 mn Sell(s) THB 3.8 bn
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