APCO APCO expects to sign a contract to set up JV in November. It believes this will underwrite good growth (from the average of 10% now). It plans a marketing campaign to push up sales over the final two months of the year. It expects 2016 growth of above 10%. (Thun Hoon, 31/10/16) BANPU BANPU […]
Read More →Notable Transactions Buy(s) THB 161 mn UTP – Well they do have that massive capacity increase coming online next year SYNTEC – They’ve been buying consistently for the past few years, even though the share price has doubled in the same period Sell(s) THB 53.1 mn IFEC – This rubbish is nearly done
Read More →Cabinet approves budget worth Bt17.5bn for Village Funds. The cabinet yesterday approved a 17.5-billion-baht budget for 74,655 Village Funds across the country at 250,000 baht each for local development. The move is a fresh bid to boost the rural economy, prevent people from borrowing from loan sharks and maintain the country’s economic momentum in the […]
Read More →AGE AGE plans to increase export portion to reach 30% supported by orders from China and a JV with a partner in Vietnam. It expects 2017 sales growth of 20% from 2.2mn tons this year. It expects 2017 revenue will better than 2016 thanks to coal price recovery and more orders. (Thun Hoon, 28/10/16) ALLA […]
Read More →Note: The interviews are now in both english & thai, links below! By :Mr. Chotic Russamitinakornkul Position: Chief Executive Officer Please explain the history of BTW We started in 1987 when Thailand was in the early stage of national petrochemical development. This led us to enter the piping industry. As the oil and gas and […]
Read More →BRR BRR expects 2.3-2.4 mn tons of sugarcane to go into its mills in the 2016/1017 season. Sugar prices are now at a four-year high. It targets brown sugar production of 260,000-270,000 tons.(Kao Hoon, 27/10/16) Comment: I’ve been writing the same thing for a few months now, I’m thinking its time for the sugar co’s […]
Read More →CWT CWT Board approves subsidiary purchases. The board approved budget of Bt133.96mn to have subsidiary CWTG acquire 60% of ARW and hold 5% in APCON. It has approved the purchase by subsidiary KCG of land for a building biomass power plant. (Kao Hoon, 26/10/16) Comment: I still remember being told by a client years ago […]
Read More →BAY BAY reported 9M16 profit of Bt16.2bn, up 20% YoY after it acquired HKL and expanded to ASEAN as planned It plans to raise its 2016 loan growth target to 8-9% from 5-6%. (Thun Hoon, 25/10/16) Comment: With the japanese as the major shareholder we are thinking they may go on a massive asset expansion […]
Read More →So that week is finally over, the market has regained some strength with continued buying by local institutions (interesting that everyone else i.e. retail/foreign investors are selling post the strong rebound). It is earnings season again, 3Q16 numbers have started coming out of the finco’s and aside from TISCO being able to perform well (by […]
Read More →Notable Transactions Buy(s) THB 10.7 mn N/a Sell(s) THB 431.3 mn PACE – Didn’t he just buy a serious amount of shares not too long ago? Cashing out to prepare for a future PP/capital increase perhaps? HOTPOT – This is the sale of shares to TFD and the owner of TFD most likely STAR – […]
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