Updates
Notable Transactions Buy(s) THB 34 mn P-FCB – Members of the board have bought back over THB 20 mn – at least they have only done this after the company announced a share buyback program for 10% of outstanding shares Sell(s) THB 109 mn SALEE – The chairman sells off THB 87mn worth of shares
Read More →Thailand More stringent on tax collecting – Somchai Poolsavasdi, the Director General of Thai Customs Department, reveals that he set up a team to monitor tax collection in the rest of FY2014 after tax collection in the first 6 months in FY2014 missed target of 10%. He has ordered the team to increase collection efficiency […]
Read More →DTAC DTAC revenue rises on smartphone binge – Total Access Communication, the operator of DTAC, reported a slight increase in its first-quarter revenue, defying the country’s sluggish economy and increased market competition. Service revenue excluding interconnection charges rose by 0.3% in the first quarter of this year, fuelled mainly by the 48.4% increase of mobile […]
Read More →CK Good 1Q14 — CK says 1Q14 revenue was good, supported by backlog of Bt110bn. It reaffirms that revenue will surpass Bt30bn this year. It expects to sign for additional work worth Bt22bn. CK’s shareholders have also given the green light for an increase in the debenture amount that CK can issue by Bt8bn from […]
Read More →AJD AJD expects triple revenue growth in 2014 supported by AJ Smart Set Top Box sales. It has raised its sales target to 2mn boxes. It is ready to focus on the online business in the next three years and expects sharp revenue growth in 2017. (Khao Hoon, 29/04/14) Comment: So who is really going […]
Read More →Anything to look forward to this week? Well 1Q14 earnings are now coming for the rest of the listed companies (first 5 months of the year is always horribly busy with earnings) and then the wonderful circus that is politics shall return with Yingluck stating her defense on the Tawin case.
Read More →CK Gets Contract 1 of Green Line — The MRTA board has selected CK to take Contract 1 of the Green Line Bearing-Samut Prakarn worth Bt137mn. (Khao Hoon, 28/04/14) ERW ERW: 1Q14 revenue to fall 25% YoY, pulled down by the political turmoil. However, there are better signs moving into 2Q14. It expects revenues this […]
Read More →Notable Transactions: Buy(s) THB 70 mn * CGD – A director buys a THB 64 mn worth of shares Sell(s) THB 194 mn * BGH – Post stock split announcement the owner sells THB 185 mn shares, however we still think the stock will continue to run
Read More →Advance Information Technology Plc (AIT) provides complete ICT solutions from product supply and applications for turnkey projects to service contracts in both the public and private sectors. Siripong Oontornpan, chairman of the executive board and president, discusses the company’s strategy and outlook. Siripong: Stronger capital base in future What is AIT’s business model? AIT offers […]
Read More →Thailand New BoI board — The PM has signed off on the new set of BoI board members, following the Ministry of Industry proposal submitted to the cabinet on 22 April. (Post Today, 24/04/14) MPC leaves rate alone – The Bank of Thailand’s Monetary Policy Committee (MPC) left its policy interest rate unchanged yesterday but […]
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