Updates
ANAN ANAN expects 3Q14 earnings to be in the black from 3Q13 net loss of Bt96mn on booking revenue from a condo. The company is launching a new project worth Bt14.5bn, pushing backlog up from Bt17.5bn and generating revenue until 2016. It expects to reach its revenue target of Bt9bn as there is overwhelming demand. (Thun […]
Read More →This week we have a couple of things to look too, a new government which in turn should lead to decisions on the martial law, energy plan, and whatever else they may think of. The SET has done very well this year, up 20% YTD (still +9,7% over 12 months), should there continue to be […]
Read More →ADVANC ADVANC building up 3G network. It will bring total stations to 20,000 in 2014 from the current 19,000. It plans to set up 3,000 small cells nationwide in 2014 from currently 300 to support data usage. (Kao Hoon, 01/09/14) AMATA Amata well positioned to tap into AEC potential – With the formation of the […]
Read More →Notable Transactions Buy(s) THB 60 mn RS – The CEO/MD/Chairman buys another THB 20 mn in RS SAMART – The President buys a big stake at THB 25 mn Sell(s) THB 142 mn AAV – A massive sell by the CEO, I’m guessing that it must be a block trade. tha
Read More →Thailand Gloomy export figures for July may force revised growth target – The Commerce Ministry will likely be forced to slash its export-growth target for this year from 3.5% to 1.9% after July’s shipments continued to slide by 0.8% YoY to US$18.89bn. (The Nation, 28/08/14) Mega-projects ‘to boost growth’ – The junta’s economic czar, Air Chief […]
Read More →ABC ABC’s financial statement reported sharp decline in net profit in 2Q14 due to the slowdown in the property market. It expects the use sale of idle land to repay debt. It is assessing the electronic business and will do a road show with a partner. (ASTV Daily Manager, 29/08/14) AS AS expects improving earnings […]
Read More →BEAUTY BEAUTY expects growth in 2H14 and maintains 2014 revenue growth target of 30% YoY as purchasing power continues to improve. The company expects to add new branches overseas to increase growth. (Kao Hoon, 28/08/14) Comment: BEAUTY is definitely the fastest growing cosmetic retailer in Thailand today CCP CCP expects revenue growth of 10% in 2014, excluding […]
Read More →AJ Management expects good performance in 2H14 after 2Q14 earnings of Bt13.71mn, up from a net loss in 1Q14. It plans to add value-added products and increase high-end clients overseas, supporting profit margin. It expects to be in the black in 3-5 years. (Thun Hoon, 27/08/14) Comment: This company has been losing money for the […]
Read More →ABC ABC placed on SP after hitting ceiling for six consecutive trading days. The share price shot up Bt18.20 to Bt82 in just six days. (Post Today, 26/08/14) Comment: Well at least the SEC acted. AKR AKR to expand into EPC after the NCPO emphasized alternative energy. (Thun Hoon, 26/08/14) AQ AQ to expand into […]
Read More →BMCL BMCL upbeat on profit after 2017 — Bangkok Metro Plc (BMCL), the country’s subway operator, expects its balance sheet to become profitable after 2017 as more new train services are added. Service on the Purple Line from Bang Sue in the capital to Bang Yai in Nonthaburi province is expected to start in December […]
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