The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →DELTA DELTA expects revenue growth of 10-15% YoY in 2015 upon growing demand and expanding foreign client base from expected 2014 revenue of Bt42bn. The company will conclude an acquisition deal for a European company soon. (Thun Hoon, 15/12/14) Comment: One of the best performing electronic names in the past few years. EUREKA EUREKA expects […]
Read More →The market has pulled back some 5% this month with Industrials and Resources being the hardest hit. The combination of falling oil prices plus a still weak economy aren’t the best factors for the Thai Equity market as we’ve seen today!
Read More →Notable Transactions Buy(s) THB 260 mn BA – The family continues to support the share price with another THB 80 mn bought in shares LIVE – This has to be an off the market trade, a Director just bought THB 119 mn worth of shares, just over 5% of total shares Sell(s) THB 693 KIAT […]
Read More →Digital TV a rising star for Workpoint Workpoint Entertainment Plc is one of Thailand’s leading production houses with internationally recognised programmes. It has recently expanded into digital TV with its own channel. Chairman Phanya Nirunkul discusses the company’s strategy and outlook. What is Workpoint’s business model? We began in 1989 as a TV production house […]
Read More →Thailand Manufacturers asked to keep price low – MOC is asking manufacturers to maintain their selling price as their cost should be lower after the diesel price fell by Bt1 per litre. (Thai Post, 8/12/14) RD to miss the target in 2015 – The finance ministry said tax collected by the Revenue Department in the […]
Read More →DIMET DIMET says 2014 will be in the black though it faced net losses in 1Q14 and 2Q14. The company expects recovery in 3Q14 and 4Q14 and is looking for a partner to support its business. It does not know what is behind the sharp increase in its share price. (Kao Hoon, 12/12/14) GOLD GOLD […]
Read More →ANAN ANAN budgets Bt3bn to purchase land to support business expansion. The company targets revenue of Bt12-15bn with presales of Bt22.5-23.5bn in 2015. (Kao Hoon, 11/12/14) Comment: The upside for me in ANAN is on operational leverage i.e. fixed costs should be stable, thus with revenue growth of 20-30%, i wouldn’t be surprised to see […]
Read More →On Monday for a brief period of time the SET was able to go above 1,600 & then it subsequently tumbled some 35 pts (or -2%) since then, what are the reason(s) for this? Yesterday there was news about a potential counter-coup from a former PM which was subsequently debunked, but this could explain why […]
Read More →Given Thailand’s proximity to Laos, the country should be one of the main beneficiaries of the LSX opening up further, and if you’re willing to take a long term viewpoint then the LSX can offer wonderful opportunities, I remember EDL providing a 16% dividend at one point 3 years ago. Now back to the index, […]
Read More →