Updates
What a start to the new year! China decided to stress test its own circuit breaker twice, currencies are continuing on their one way trade of USD strengthening and Thailand’s PM has promised to not be angry at reporters, perhaps trying to achieve 100% popularity…
Read More →AH AH expects 2016 sales to grow 5-6% backed by automotive sector recovery. It expects to increase revenue by focusing on making molds, which increases its gross margin. (Thun Hoon, 11/01/16) Comment: Rubbish, this company hasn’t performed for a decade. BJCHI BJCHI expects 4Q15 earnings to reach a record high aided by transfers and the […]
Read More →Rice exports down in first 11 months — Thai rice exports to the end of November this year were down 9.6% YoY 8.6 mn tonnes and the value down by 10.2% to US$4.1bn, the Thai Rice Exporters Association said. It expects Thailand to export about 1mn tonnes of rice in December, lifting the total for […]
Read More →AKR AKR says foreign investors are interested becoming partners to invest in alternative energy. It expects 4Q15 earnings to mark a record high backed by numerous orders. It targets 2016 revenue to grow not less than 25% thanks to Bt6bn in bids. It expects the government to approve solar farm projects. It plans to invest […]
Read More →ACAP ACAP expects 2016 performance to turn around aided by recovery in every business. It expects its loan portfolio to reach Bt2bn this year. It expects 4Q15 earnings to be the best backed by business restructuring and its loan growth. (Thun Hoon, 07/01/16) Comment: We do wonder what else the new shareholder is going to […]
Read More →BEM BEM expects to pay dividend this year on the expectation of 40% growth in net profit after the Sri Rat expressway and MRT Purple Line open. It plans to take part in bids for public projects in CBD and outskirts. (Khao Hoon, 06/01/16) Comment: And now the largest infrastructure/transportation play is listed! CI CI […]
Read More →ASIMAR ASIMAR expects 2015 net profit of Bt120-130mn after achieving Bt102.2mn in the first nine months of the year. (Thun Hoon, 05/01/16) COM7 COM7 expects tax incentives to help revenue grow more than 25%. It expects 4Q15 sales to be good because it has 300 branches and many products for sale, including iPhone 6s and […]
Read More →BEAUTY BEAUTY expects 4Q15 earnings to be good on the back of government stimulus measures. It expects 2015 sales of Bt1.7bn with a record high net profit from 2014’s Bt301mn. It targets 2016 sales to grow 20%. (Khao Hoon, 04/01/16) Comment: The last minute bump by the government to promote year end spending should bold […]
Read More →Wasn’t that a fun year? See below for the carnage, what I’m finding more interesting at the moment are the dividend plays for March/April this year and names that were bombed out during 4Q15. Fun volatile times ahead and I’ll write more in my random thoughts this Friday.
Read More →Quiet Motor Expo — A number of 39,125 orders were placed at Motor Expo 2015, 26.2 per cent below the 53,000 target. The number of orders was also 7.4 per cent below the figures recorded last year. The 13-day show which was wrapped up yesterday welcomed 1.5 million visitors. (The Nation, 14/12/2015) Japan invests in […]
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