Updates
We’ve seen the banking sector perform incredibly well in the US since Trump has become president-elect and further confidence in interest rates being hiked by the Fed, when would the Thai Banking see the same type of performance?
Read More →Notable Transactions Buy(s) THB 1.17 bn PCSGH – A shareholder swap TNITN – He’s still buying shares in the market, will this company finally see a predominate major shareholder before the sub’s are listed? PJW – A shareholder swap MONO – Now that’s interesting, will they finally do something over at MONO versus just buying […]
Read More →AH AH reported 9M16 net profit of Bt400mn, higher than the Bt313mn for the full year 2015 on the back of cost control. It is talking to a prospective partner to expand to India and China. It is studying investment in auto parts for EV cars. (Thun Hoon, 25/11/16) ASIMAR ASIMAR expects 4Q16 performance to […]
Read More →ABICO ABICO reported 3Q16 profit growth of 198% to Bt37.51mn, up Bt24.92mn from 3Q15’s Bt12.58mn. It reported 9M16 net profit of Bt115mn, an increase of 51% YoY. (Thun Hoon, 24/11/16) ALLA ALLA plans to sign a contract to set up a JV in Indonesia in 1Q17. It expects this will help raise the portion of […]
Read More →AAV AAV plans to get six aircraft in 2017 to bring its fleet to 51. It will use the planes to expand its routes. It targets 19mn passengers next year. Its load factor is 84%. (Thun Hoon, 23/11/16) AJ AJ reported 9M16 profit growth of 349% YoY and expects 4Q16 to be good, backed by […]
Read More →BJCHI BJCHI expects a fall in revenue in 2016 as well as profit due to global economic factors and high competition. It has backlog of Bt2.2bn, of which it will book Bt600-800mn this year. It continues to bid for a new jobs worth Bt8.5bn to support 2017 earnings. (Kao Hoon, 22/11/16) Comment: Thus the management’s […]
Read More →ALLA ALLA has backlog of Bt324mn which will continue to book since 4Q16. It is ready to get a new job and expects earnings to be outstanding next year supported by overall investment is recovery. (Kao Hoon, 21/11/16) BSM BSM got a Bt100mn job to produce doors and windows in Papua New Guinea. It plans […]
Read More →Notable Transactions Buy(s) THB 163 mn TT – This company seems to be a “holding company” or an “investment company” with stakes in some 4 subs that they may be listing. Why else would the owner bother buying shares? Sell(s) THB 7.7 bn BEAUTY – The huge block sale to institutions MCS – That’s quite a […]
Read More →AS AS expects 2016 revenue to remain at 2015 level. It expects profit in 2017 after restructuring its business and plans to write off retained loss of Bt1.03bn. (Kao Hoon, 18/11/16) Comment: Well I’m not entirely convinced their “new business model” is going to be successful. BGT BGT plans to open a branch in Vietnam […]
Read More →AKR AKR targets 2017 revenue growth of 40% to Bt2.3bn on the back of transfers. It plans to expand abroad. It expects projects in the Philippines and Indonesia to contribute revenue this year. It targets 10% growth in sales from ASEAN in 2016. (Thun Hoon, 17/11/16) ARROW ARROW targets 2017 revenue growth of 10-15% to […]
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