Updates
AOT New prez takes the reins – Mr. Nitinai Sirismatthakarn yesterday officially assumed the leadership of the SET-listed Airports of Thailand Plc (AOT). (Khao Hoon, 21/04/15) Comment: Well let us hope that he can reign in the corruption that has plagued AOT over the past few years (or decades) BEAUTY Investment fund interested – BEAUTY […]
Read More →BDMS Expects 12% growth in 2015. It plans to invest Bt6.0bn in order to expand the number of hospital to 50. 1Q15 earnings will grow due to an increase in the number of clients (Khao Hoon, 20/04/2015) Comment: Despite a relatively tepid growth rate, these valuation levels still hold because 1) It’s the biggest and […]
Read More →The market continued to rally on the back of prop trade buying and some foreign buying. The recent movements of other equity markets have caught my eye, Greece is back on the news although the ECB does say that they’ll be safe, lets see how it all unfolds.
Read More →Notable Transactions Buy(s) THB 4 mn n/a Sell(s) THB 47 mn TRUE – It’s not often you see the Vice Chairman of the Board sell off this amount of shares.
Read More →Thailand Tourism and private consumption to boost GDP – Akom Termpittayapaisit, Secretary General of the National Economic and Social Development Board, said tourism and private consumption should push 1Q15 GDP to reach 3%. The economy in 2H will be stimulated by government spending on roads and motorway construction. He also expressed support of building a […]
Read More →CCN CCN and partner to bid for government project worth Bt100mn in 2Q15. It expects to get the entire project. The 1Q15 outlook is relatively the same as last year. It expects 2015 revenue growth to reach the target 20%. (Thun Hoon, 17/04/15) COLOR COLOR expects its 2015 to turn to be profitable, after losses […]
Read More →Anyone else see the market movement today? Oil prices up = Energy sector up +5% = SET up +1%.
Read More →BRR 2nd plant up and running – BRR reports its second bio power plant with capacity of 8MW has commenced commercial operations and thus begun to generate revenue. Its third power plant with capacity of 9.9MW is still under construction, with completion scheduled for early 2017, after which it will generate income. Currently, earnings contribution […]
Read More →Thailand Cabinet acknowledges improvements in industrial sector – The Cabinet has been informed by the Ministry of Industry of more positive trends in various industrial figures over recent months. Industry Minister Chakramon Phasukvanich also disclosed the MPI of February 2015, saying it increased 3.55 points, reaching a 23-month high. Despite a slight drop in industrial […]
Read More →AOT AOT expects revenue growth in 2015 to exceed 15% after stronger-than-expected traffic. The cancellation of charter flights to and from Japan and South Korea has not adversely affected it. The firm plans to go ahead with Phase II of Suvarnabhumi airport. (Khao Hoon, 09/04/15) Comment: Regardless of these cancellations, in the end AOT will […]
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