CRANE CRANE says 1Q15 earnings will be better than last year after getting new projects. It targets 2015 revenue growth of more than 20%, with more acceleration of new government projects. It will focus more on foundation jobs to raise revenue. (Thun Hoon, 02/04/15) Comment: I’ve always liked this company, now the issue here is […]
Read More →AAV New Sapporo route affected – Thai AirAsia X chief executive Nadda Buranasiri said the airline’s Bangkok-Sapporo route would be affected by the JCAB’s ban. The airline will be able to offer service on this route for only two months, from May 1 to June 30. (Thun Hoon, 01/04/15) Comment: All of this news about […]
Read More →AGE AGE expects 1H15 to turn around on the effect of its cost controls. It has set its target coal sales volume at 3.45mt, which could boost revenue to Bt7bn. The company expects 1Q15 sales volume to be flat YoY. Its biomass power plant is scheduled to commence operations in late 2015. (Thun Hoon, 31/03/15) […]
Read More →The market finished last week negative for the year on the back of multiple issues 1) Weak exports 2) Oil prices still staying low 3) Earnings have basically been poor all around 4) Issues around 4G and 5) Foreigners are still selling. As we’ve seen thus far this week, local institutions have been big buyers […]
Read More →Notable Transactions Buy(s) THB 169 mn SYNTEC – Management continues to buy stake in this construction co, the stockprice is not a dreamers level based upon the infrastructure spending, but seems fairly valued based upon the current projects that it has on hand Sell(s) THB 187 mn BGH – The owner sells off a rather […]
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