AH AH expects revenue to grow at least 10% this year. It will invest Bt400mn to upgrade its machinery. It is now discussing with business expansion with a potential partner. (Kao Hoon, 16/3/15) Comment: It has been the worst performing auto manufacturing stock in the past 10 years in Thailand AQ AQ will expand more […]
Read More →Notable Transactions Buy(s) THB 237 mn AJD – He sold the warrants to buy his shares TSR – Seems like the CEO bought this stake off another shareholder (~3%) NMG – And the VP still continues to buy buy buy Sell(s) THB 2,629 mn TUF – A massive block sale by the family – question, […]
Read More →Thailand Working on human trafficking. The vice-chairman of the Thai Chamber of Commerce reports that government and private entities have been working to resolve the problem of foreign workers and human trafficking. This is to avoid the impact on Thailand exports. He expects Thailand’s rating will be upgraded. (Post Today, 13/3/15) Pridiyathorn: MPC rate cut […]
Read More →BJCHI BJCHI targets more projects to lift gross margin above 30%. It expects 15% p.a. revenue growth over the next three years. In 2015, it expects to receive 5-6 projects with value of Bt10bn from clients in Australia and Latin America and aims to diversify its client base more to the Americas. (Krungtep Turakij, 13/03/15) […]
Read More →Group Lease ready to roll regionally GL started as a motorcycle financing business and by 2010 had become one of the top 10 in Thailand. Until 2011 we were focused purely on Thailand, where we have nearly 250 points of sale. But as a result of the floods in 2011, we accelerated our plans to […]
Read More →EARTH EARTH expects higher region coal price to lift 1Q15 profit above Bt3.8bn. Management remains confident that its sales volume will reach 10mt in 2015 due to higher demand. It plans to acquire more mines with reserves of 40mt, conclusion by 4Q15. (Thun Hoon, 12/03/15) Comment: The owners have been pledging their shares for a […]
Read More →AP AP expects to transfer Bt5.3bn in 1Q15. The company has Bt25bn backlog and will realize Bt23.8bn as revenue this year, resulting in 10% revenue growth this year. The company plans to open 24 new projects with total value of Bt36bn. (Kao Hoon, 11/03/15) AS AS expects earnings turnaround this year after business restructuring. It […]
Read More →I’ll let the numbers speak for themselves, and I don’t expect any improvement in 1H15 yet.
Read More →ASP ASP says it has at least 32 IB deals. 18 are IPO deals and 14 are M&A. This will secure a good revenue stream for the next two years. The firm expects 15% revenue growth this year. (Kao Hoon, 10/03/15). Comment: Still the best complete IB house in Thailand today. MTLS MTLS sets the […]
Read More →BA BA looks for good 2015, supported by better tourism industry. It expects passenger number to grow by 6mn from 4.79mn last year. It will expand fleet, adding four new ATR72-600s. In 2018, it will have 43 planes versus 27 planes at end 2014. This will support passenger growth in line with the turnaround of […]
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