Management Trades 10/06 – 14/06
Notable transactions Buy(s) THB 124.0 mn GFM – Looks like the transaction between family members is still continuing Sell(s) THB 81.3 mn GFM – See above
Read More →Category: Updates
Updates
Sector update 10/06 – 14/06
Last week was another wonderful ride down for the SET on the back of continued foreign selling, our analysis indicates that they have already sold back down to Feb ’12 levels so unless the Fed comes up with something unexcepted mid-week we’re under the impression that most of the selling is over. Cash is still a […]
Read More →Stocks in the news (bbl, nmg, tisco) 18.06.13
BBL: Asset quality remains sound in China and Vietnam. Despite the slowing economic growth in China and Vietnam, BBL said that its asset quality in both countries remains good. NPL stood at a low 1% of its loan in China and 2% in Vietnam. This is because their loans are geared towards real sector in […]
Read More →Stocks in the news (bec, nok? bair?) 17.06.13
Aviation: Nok shares to begin trading on Thursday; Bangkok Airways to float IPO shortly. Airlines are joining the trend of being listed on the Stock Exchange of Thailand in order to raise funds for business expansion. Nok Air, a low-cost carrier, and Bangkok Airways are the latest to pursue this option, while Asia Aviation (AAV), […]
Read More →What happened this week 10/06 to 14/06
Thailand Kittiratt hints at pledge ceiling price cut on heavy losses — The government is likely to cut the ceiling price for the rice pledging scheme following reports of potential heavy losses from the program for the previous three crops, Finance Minister Kittiratt Na Ranong sid yesterday. He hinted there is a possibility the pledging […]
Read More →Stocks in the news (bbl, ofm, tmb) 14.06.13
BBL: Maintains loan growth at 6% yoy in 2013. BBL expects GDP to grow 4% this year, lower than the earlier forecast of 5%. However, the bank still maintains its loan growth target at 6%, supported by resilient domestic demand, especially investment demand. According to the bank, it will be one of the major lenders […]
Read More →Stocks in the news (cpall, true) 13.06.13
CPALL CPALL greenlights Siam Makro takeover — CPALL shareholders approved the Bt189bn acquisition of Siam Makro in the country’s biggest ever takeover. Some 87% of shareholders who attended the meeting yesterday voted for the proposal, more than the 75% required. (Bangkok Post, 13/06/13)  Comment: No surprise here, great for CPALL as they need to Makro’s […]
Read More →Stocks in the news (bjc, oishi) 12.06.13
Oishi Green Tea: Launches in Malaysia. Oishi Group, the country’s leading ready-to-drink green tea producer, has started its drive to become a regional brand by 2017 by forging a distribution alliance with F&N Beverages Marketing Sdn Bhd in Malaysia. F&N Beverages, a wholly-owned subsidiary of Fraser and Neave Ltd in Singapore, kicked off its distribution […]
Read More →Stocks in the news (itd, loxely, lpn, scb) 11.06.13
ITD and LOXLEY: Likely to win water projects. The government is expected to announce the winners of the Bt350b water management contracts by end of this month. According to the press report, ITD Group (ITD Power China) may win its bid for five modules worth Bt110b. LOXLEY consortium will likely win one module worth Bt4b. […]
Read More →Sector Update 03/06-07/06
Wooo last week was fun! But it ended with an upbeat note with the SET gaining 1.75% on Friday, this week brokers have been commenting the whole morning that new trigger funds will support the market in the short term.
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