Updates
With the market only up 2.9% YTD and sectors performing incredibly different across the board, we feel the SET has finally become a stock pickers market again versus the past few years when essentially every sector and company just kept moving up and down together (ex energy of course). Interesting to note is that only […]
Read More →With politics not causing much of a ruckus does that mean investors can go back to continuing to focus upon the fundamentals as 2Q13 earnings are being released in full force as the 15th August 2013 deadline approaches. Or is this the calm before the storm as the queen’s birthday allowed a temporary respite? PM […]
Read More →CKP Lower loss QoQ in 2Q13 — CKP reported a net loss of Bt77mn in 2Q13, better than the loss of Bt106mn in 2Q12 but lower than net profit of Bt92.8mn in 1Q13. Behind the negative earnings was a FX loss of Bt246mn vs. FX gain of Bt192mn in 1Q13. Excluding FX impact, its normalized […]
Read More →BTS on fast track – BTS Group Holdings Plc (BTS) reported a reviewed net profit of Bt10.82bn in its first quarter ending June 30 this year, up 5,463.37% YoY. Total revenue surged 1,358.2% to Bt16.04bn during the period, primarily due to both stronger operating performance and gains from the sale of net fare-box revenue to […]
Read More →Notable Transactions Buy(s) THB 73mn Pace – The fact that this company somehow was able to go public even though its a stones throw away from a going concern is more surprising than a shareholder buying some shares, still a rubbish stock @ these levels (even after the 30% drop from IPO price) Sell(s) THB […]
Read More →Thailand New stimulus measures shift focus away from SME assistance – The government’s latest stimulus package has the potential to spur economic growth since it is designed to break down barriers to business and investment rather than just boost tepid domestic consumption, says the central bank. (Bangkok Post, 08/08/13) Confidence dips again – Consumer confidence […]
Read More →ADVANC AIS curbs ‘bill shock’ for 3G customers using data services – Advanced Info Service (AIS) has introduced an automatic data tariff adjustment to curb “bill shock”, one of 3G users’ worst experiences. The move is also aimed at complying with National Broadcasting and Telecommunications Commission regulations requiring 3G operators to lower their 2G and […]
Read More →DNA to purchase retail business — DNA is waiting on the approval from its board members today for the acquisition of a retail business, which expects to cost Bt100mn, and also to increase its investment budget for the acquisition of a satellite TV businesses by more than Bt50mn, on top of the Bt300mn budget already […]
Read More →Opportunity days are back where some 100 or so Thai companies will be at the SET to talk about their 2Q13 earnings, The schedule is on the link below: http://www.set.or.th/set/oppdaybyperiod.do See you all there!
Read More →Notable Transactions Buy(s) THB 1.15 bn GFM – Change in ownership between family members MINT – Heinicke buying more shares worth THB 30mn NMG – This director obviously has a lot of faith in the digital tv business, THB 100 mn worth of shares bought POST – The Chairman buys THB 80mn RS – Director betting on […]
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