Updates
CPF Freshening CP Freshmart — CPF is spending Bt50mn on “CP Freshmartâ€, with promotional campaigns and a new Santa promotion. It expects sales during the holiday festival to double. (Khao Hoon, 11/12/13) EARTH expects 2014 coal sales at >8mn tons. The company will target more foreign markets to help support growth as it believes that […]
Read More →BAFS 10% growth in fuel sales in November — BAFS reports fuel sales of 435mn liters in November, up 10% YoY. 11M13 sales increased to 4.49bn liters due to more flights. (Khao Hoon, 9/12/13) Comment: This company can essentially be seen as a bond that grows with the increased traffic at the Bangkok Airports ECF […]
Read More →BTS Expects extension to bring in 30-40% more riders — BTS says it expects the Silom-Bangwa extension will add 30-40% new users. VGI will get additional revenue from more commercial space. (Khao Hoon, 06/12/13) Comment: The addition of the extension is positive news for the co, went to check it, now the question is what […]
Read More →Well politics and foreign fund selling of the region continue, plus as we’ve stated for the longest time this year, valuations still are highish
Read More →EA 90MW generation this month — EA is confident that its solar farm will generate 90MW this month. It said that next year it will built a new plant in Lampang for another 90MW at a cost of Bt7bn. (Khao Hoon, 04/12/13) Comment: This is an incredible large solar farm, we doubt the long term viability of […]
Read More →Of things to note are the huge buy back by BGH’s main doctor Dr. Prasert @ THB 1.8bn and K. Keeree repurchasing shares of BTS, on the flip side its funny to see the majority of MEGA’s family shareholders selling out on IPO day. Note: For the monthly trades, we’ve decided to scale to […]
Read More →BMCL MRTA not to take rights — The MRTA board decided that it will not take its rights in BMCL’s capital increase and will allow its holdings to be diluted to 14%. MRTA’s CFO and financial advisors said that the decision will have no impact on the company’s management as it already holds the concession. […]
Read More →Foreign investors sold THB 48bn in last month, thus YTD net sells over THB 150bn because of valuations, politics, and a slowdown in earnings growth throughout Thailand and the region. Politics we still think is short term and should be resolved in the coming days. Looking forward to what unfolds.
Read More →AIM Changing ticker to “EFORL†today — AIM is changing its trading name to EFORL today because its new business is trading in medical tools and equipment. Its new business will fully operate and clearly contribute revenues in 4Q13. (Khao Hoon, 2/12/13) Comment: From 3D Tv’s and advertising to medical tools, well at least they […]
Read More →Notable Transactions Buy(s)  THB 1 bn BGH – Dr. Praserttttttttttttttttt keeps buying, this time another THB 309mn BTS – K. Keere wants his warrants and dividends! IFEC – K. Wichai buys all of K. Narong’s shares SCC – A director buys THB 30 mn worth of shares SVI – K. Poe (CEO, majority shareholder) transfer […]
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