AJD AJD expects to reach 50,000 mobile top-up machines nationwide this year after reaching 30,000 in mid-September. It expects to get revenue from Alibaba members in 1Q17. (Kao Hoon, 14/10/16) Comment: Perhaps Jack Ma being in town this week helped the sentiment behind this name ASIMAR ASIMAR plans to bid for a PAT job worth […]

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AIRA AIRA plans to sell 20% of subsidiary AIRA property PL” to Eugene Investment & Securities, which is an investment company in Korea. It expects this to help support its property business. (Thun Hoon, 13/10/16) ATP ATP has made contracts with two current customers, with a total value of Bt120mn. It is talking to five […]

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The King of Thailand passed away yesterday. A few things I noted: PM Prayuth stated that there will be 1 year of mourning, that the Crown Prince shall be the next King, 30 days no entertainment (but to your best judgement) Walking around Central world in the evening after a dinner, you’d see quite a […]

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ABC ABC expects to end presales of “ABOVE Sukhumvit 39” at more than Bt2.5bn in 4Q16. (Kao Hoon, 12/10/16) AMA AMA is ready to submit its filing to the SEC to list on the mai and expects an IPO of 108mn shares. It plans to increase its fleet and liquid transport vehicles in Thailand and […]

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AKR AKR expects 2016 revenue to grow 25% from 2015’s Bt2.11bn. It expects revenue to grow an average of 20% annually from 2017 because it is a leader in Thailand with 25% market share as well as numerous orders. It plans to take part in bids for public projects. (Thun Hoon, 11/10/16) BJCHI BJCHI plans […]

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ATP30 ATP30 expects 3Q16 net profit to be a record high of Bt8mn, up 289%, pushed up by more customers. (Khao Hoon, 10/10/16) BIZ BIZ got a Bt169mn project from BDMS which raised its backlog to Bt700mn. It expects growth in 3Q16 earnings from transfers. (Khao Hoon, 10/10/16) CNT CNT targets 2016 revenue of Bt8-10bn […]

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Notable Transactions Buy(s) THB 195 mn BDMS – And he’s still at it! SYNTEC – The family/board members have been continuously buying shares here for the past few years Sell(s) THB 189 mn BA – A first major sell from BA TICON – Perhaps linked to the deal with Charoen? KOOL – A recent high […]

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China official services PMI rises to 53.7 for September. Activity in China’s services industry expanded in September at a slightly faster pace than the previous month, an official survey showed on Saturday. The official non-manufacturing Purchasing Managers’ Index (PMI) stood at 53.7 in September, compared to the previous month’s reading of 53.5. The 50-point mark […]

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ALT ALT won its lawsuit: the court held that the other party to the contract has to pay compensation of Bt13.5mn per month. (Thun Hoon, 07/10/16) ARIP ARIP expects 4Q16 earnings to record a new high supported by high season. It has a big project at the end of the year which it expects will […]

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