Updates
CKP 20% revenue growth in 2014 — CKP says revenues next year will grow by 20% supported by the full year of revenues from its BIC1 plant. It is also looking to refinance its Nam Ngum 2 plant. Net profit for next year will also grow with EBITDA margin at ~60%. (Khao Hoon, 08/12/13) CPALL […]
Read More →I’m tired of writing about politics, instead look @ how the agro sector has done over the past few months versus the tech sector, we postulated perhaps the end of telcos and a switch to food a few months back (pat on the back) and we don’t see it finishing anytime soon, telcos are in […]
Read More →Notable Transactions Buy(s) THB 99mn TWFP – Now this is interesting, the Chairman just bought 3mn shares, at the last book closing he had only 300,000 shares in the co. this co sells Vermicelli and has been in the business for 60 years, numbers look interesting too…hmmm… Sell(s) THB 43 mn n/a
Read More →AJP New management team soon — AJP reports that a new management team will begin work in 1Q14, replacing the team that resigned. It says the change in management will not lead to a change in strategies. It said the political situation has no effect on operations. (Khao Hoon, 17/12/13) AOT AOT expects net profits […]
Read More →AIE AIE confirms strong fundamentals and said 2013 revenue will be Bt4.2bn with 2014 revenue at Bt5.5bn, supported by B7 bio-diesel. It aims to list on mai in January 2014. (Khao Hoon, 16/12/13) BAY BAY expects Bt36bn new property loans in 2013, beating its target of Bt28bn. It is seeing a steady drop in NPLs […]
Read More →Just look at this growth in ridership over the past 10 years, its incredible, not just for BTS, but just the impact that it has upon people’s lives in terms of commuting, the impact upon businesses that pop up around the BTS stations (whether they be commerce, property etc etc), its just incredible. Source: BTS […]
Read More →Thailand Outlook for 2014 economy varies, uncertainty over new govt, budget spending clouds growth forecast – Bank of Thailand Governor Prasarn Trairatvorakul acknowledged yesterday that if a new government is not formed next year, economic expansion could be affected to a certain degree, as the government remains a key driver of the economy through spending […]
Read More →CPF No growth hormones — CPF says that its chicken is safe and that it does not use growth hormones. It said the more rapid growth comes from an improved strain and better use of technology, along with better farm management and disease prevention. (Khao Hoon, 13/12/13) EA Investing Bt25bn in solar and wind farms […]
Read More →Notable Transactions Buy(s) THB 333mn BTS – K. Keereeee buys another THB 234 mn worth of shares IFEC – The founder continues to sell to K. Wichai, another THB 64 mn worth of shares Sell(s) THB 259 mn EIC – No idea what happened here, but its been a volatile stock and key shareholders have […]
Read More →ARROW ARROW continues to grow in high season 4Q13 — ARROW says that clients are making many orders. It expects 2013 revenue growth of 13-15% YoY, below its earlier target at 20% YoY and is also building a new factory. (Khao Hoon, 12/12/13) BTS 8% YoY growth in passengers this year — BTS expects passenger […]
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