ThaiCapitalist Commentary
With Bangkok Airways Plc listing yesterday being incredibly poor (down 12% on its first day!), is it going to go the way of Nok and Thai Airways? If you can remember Thai Airways listed in the 90’s at THB 50/share, its today at THB 14 (after multiple recaps etc etc etc), in fact the only […]
Read More →AJD AJD starts trading at new par value of Bt0.1/share today and expects price at Bt3.2/share. Management reports set-top box sales volume of 500,000 boxes YTD and expects to sell 2mn boxes in 2014. The company is studying investing in a solar power plant in China. (Kao Hoon, 4/11/14) Comment: Stock splits = retail gold! […]
Read More →Notable Transactions Buy(s) THB 2.3 bn DCC, TH, PJW, SAM, SAMART, TICON, TNH, SYNTEC, RS, IEC, BBL Sell(s) THB 1.17 bn TFD, PJW, PRINC, ACAP, NH, BGH, OCEAN, IEC Note: Image displays transactions that are above THB 20 mn only.
Read More →BA BA starts trading today. It is expected to close at above Bt25/share. Management expects 2015 revenue growth of 18% YoY supported by initiation of AEC. The company aims to find three new partners. (Kao Hoon, 3/11/14) Comment: I think its going to go the way of NOK i.e. shitty first day, and it will […]
Read More →Last week the market was given a good slap on the bum with 2 events, first the Bank of Japan came out saying “We want to be the largest money printer in the worlddddd!” and second, PTT announced that it is looking at potentially listing its retail arm in what may be the largest IPO […]
Read More →Notable Transactions Buy(s) BBL – A clever buy, BBL’s stock price had a short term issue with the NVDR quotient being filled up, this has now been rectified hence the stock price recovery TICON – I’m half guessing that this is just a switch between custodians – but i’m not too sure Sell(s) IEC – […]
Read More →A new feature we’ll start doing at the end of each month. Tracking and showing investors movements during the month & year. Enjoy! Note: All values THB million
Read More →It was in the news yesterday that PTT will most likely list their Retail arm, so here are the facts: As of 2013 they operated 1,382 stations They are looking to raise upwards of USD 2 bn The size of the IPO could beat BTS’s infrastructure fund, BTSGIF which was as USD 2.1 bn – […]
Read More →Thailand More state rice sold- The government expects to deliver between 900,000 and 1mn tons from rice stocks by year-end through government-to-government contracts. (Bangkok Post, 31/10/14) FPO cuts growth forecast to 1.4% amid weak exports – The Finance Ministry’s think tank yesterday trimmed this year’s economic growth forecast to 1.4%, assuming that second-half growth comes […]
Read More →BCP Bangchak earmarks B7bn for refinery rejig – BCP plans to spend Bt7bn to improve its oil refinery in its bid to gain a higher refinery margin. Executive vice-president Phichet Emwattana said the spending would start next year and run until 2018. (Bangkok Post, 31/10/14) CPF CPF maintains revenue growth of 10% YoY to reach […]
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