Updates
AJP AJP will change its name to DCORP and plans to invest in the power business. It plans to go to China to study a project that it wants to operate in Thailand. (Khao Hoon, 06/08/15) ANAN ANAN plans to launch seven condominiums valued at Bt20.3bn in 2H15. 1H15 presales reached Bt12.5bn (+227%). It is […]
Read More →BEAUTY BEAUTY wound up a road show in London and Edinburgh and response was better than it had expected. It expects 2005 revenue to be higher than Bt1.7bn (20%b growth), benefitting from more stores and new products. (Khao Hoon, 05/08/15) CHO CHO expects to sign a contract for 489 NGV buses with BMTA on Aug 17 after […]
Read More →ADVANC ADVANC reported 2Q15 net profit of Bt9.8bn (16% growth) backed by higher service revenue and mobile phone sales. It will pay a dividend of Bt6.5/share, XD on Aug 11. It revised down 2015 target growth from 3-4% to 3%. (Khao Hoon, 04/08/15) AJD AJD is talking to prospective Chinese partner (Alibaba) to invest in […]
Read More →ADVANC ADVANC expects to report 2Q15 net profit of Bt9.1bn which will raise 1H15 earnings to Bt19bn. It expects to pay an interim dividend of Bt6.57/share (2.8% yield). It expects to gain benefit from the 4G auction that will be held before the end of this year. (Khao Hoon, 03/08/15) Comment: Perhaps still the only […]
Read More →The market is in quite the interesting dichotomy with falling oil prices, weak bank results, a so-so gdp but with the belief of a potential recovery in the future. I have no idea how this will all unfold but I still wouldn’t be surprised to see further weakness especially given how I think the currency […]
Read More →Notable transactions Buy(s) THB 298 mn TIW – The CEO buys a substantial number of shares ~3% of outstanding shares TRC – The Chairman buys a substantial number of warrants of TRC, good to see that management backs this expansion into Potash mining PACE – Will the Dean & Deluca deal pay dividends? The owner […]
Read More →ADVANC ADVANC has launched a campaign “AIS the startup 2015â€. This is hoped to bring in younger entrepreneurs who are interested in using ADVANC as a digital partner. (Khao Hoon, 31/07/15) AGE AGE plans to increase investment in alternative energy. It is studying a waste power plant abroad to adapt to the local environment. 2Q15 […]
Read More →Note: This will be the last WHTW post including all the global news events, going forward it will just be a summary of 10 key points in total Thailand FPO still confident of 3% growth despite export woe – The decline in Thai exports is not as bad as those experienced by some of neighbouring […]
Read More →AKR AKR expects to get a 20MW solar farm from a cooperative which is expected to be concluded in August. It plans to invest in a power plant on 94 rai in Lopburi. It expects to show net profit in 2Q15, benefitting from booking revenue from its backlog. 2H15 performance is expected to be good […]
Read More →BRR BRR plans to expand its cultivated area to 200,000 rai. It has done research to improve its sugar products. It plans to invest in a third biomass power plant by using bagasse as a fuel. (Thun Hoon, 28/07/15) Comment: Again a natural extension of its existing business. CHOW CHOW expects to add a 42MW […]
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