Updates
The thai market (along with the rest of the region) has experienced a nice recovery rally on the back of … delayed fed interest rate hikes? Well why not? In the meantime we are still facing the same story of sluggish economic growth, infrastructure projects likely to arrive shortly and potential elections in 2017.
Read More →AJD AJD’s board has approved 60% of VDC for Bt7.5mn. It will providing funds not exceeding Bt50mn for VDC to use as working capital for its Online Top Up business. (Thun Hoon, 12/10/15) Comment: Well the news its that Alibaba is involved, who knows how this will turn out and if it really can be […]
Read More →Notable Transactions Buy(s) Â THB 588 mn RS – And he keeps buying and buying and buying MTI – The 4th largest shareholder and family member has decided to buy more shares doubling his stake to 4.9% in the company. AJ – Looks like a share swap between the shareholders COL – The founder/CEO has decided […]
Read More →BOJ goal pinched further as Japan firms cut inflation forecasts – Japanese companies expect consumer prices to rise 1.2 percent in the next one year, the Bank of Japan said Friday, less than the 1.4 percent annual rise predicted in the central bank’s previous June survey and below its 2 percent inflation target. (Kyodo, 2/10/15) […]
Read More →BWG BWG has strong fundamentals, high retained earnings and no debt with D/E at 0.62X. It expects profit growth of over 30% in 2015 supported by expanding its customer base. The company expects profit of 35-40% in 2016 due to more customers from BOI and booking sales from 9.4MW power plant. (Than Hoon, 9/10/15) CI […]
Read More →BLA BLA’s long-term outlook is bright as the firm is changing business strategy to sell more highvalue products like collectors’ insurance, which will boost gross profit in the future. Insurance premiums in the month of July also showed positive signs, up 173% from the previous month. (Than Hoon, 08/10/15) DCC DCC expects record profit in […]
Read More →AP AP reports presales of Bt22.3bn for 9M15 (28% growth from last year). It plans to launch five new projects valued at Bt5.33bn in 4Q15. (Khao Hoon, 07/10/15) BMCL Cabinet has approved using the Joint Venture 2013 ACT, which allows MRTA to look for a operator for the extension Blue Line by direct negotiations. BMCL […]
Read More →BCP BCP expects earnings to be better than peers after it sold a futures contract for high quality fuel oil in 2Q15. This minimizes the impact from weakening refinery margin. It expects its solar farm to contribute Bt700mn net profit/quarter. (Thun Hoon, 06/10/15) Comment: The combination of a high margins and the expansion into renewables […]
Read More →ASIMAR ASIMAR expects to bid for a Bt1bn ship building contract. It plans to increase capacity by set up a third floating dock. It expects 3Q15 earnings to be good aided by transfers. (Thun Hoon, 05/10/15) BMCL BMCL expects growth in 3Q15 earnings backed by increasing passengers. It expects 300,000 passengers/day. It expects to show […]
Read More →Govt backs off for now from single Internet gateway idea – ICT minister rules out infringement on the right to privacy after online attacks on state websites. The government has partly retreated from its controversial plan to merge the country’s Internet connections into a single gateway after widespread criticism and heavy pressure from netizens. (The […]
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