ThaiCapitalist research
BM BM signed an MOU with two Myanmar companies and set capex of Bt200bn to set up a processed metal products factory in Yangon. It targets revenue of Bt100mn in Myanmar in the first year. It expects revenue to be a record high with 20% growth this year. (Kao Hoon, 29/1/19) Comment: I’m still of […]
Read More →Notable Transactions Note: As requested by a follower you’ll see the last closing price, 52 week high/low Buy(s) TC – A swap between the shareholders THG – He just seems to be happy continuously buying back all the shares he put on the market last year JKN – And the founder is buying shares, its off some 25% from where he/she sold shares to the founder of BCH Sell(s) […]
Read More →Agriculture and resources are on a tear atm, and its well known that CPF is trading at its holding value in CPALL (for years). I do wonder when we’ll see the construction sector pick up…
Read More →AOT AOT grew in all ways. It reported that flights rose to 226k flight in 1Q19FY and passengers rose to 35mn, boosting earnings to Bt6.5bn in 1Q19FY. (Kao Hoon, 28/1/19) Comment: And so it still continues, people seem to forget that there are some 1.5 bn people in China and ~7% have a passport. Just […]
Read More →BOT tipped to hold rate at 1.75% throughout year amid low inflation. The Bank of Thailand (BOT) will hold the policy interest rate at 1.75 per cent throughout 2019, Tada Phutthitada, president of the Thai Bond Market Association (ThaiBMA), predicted last week. Short-term government bond yield is also expected to be stable in tandem with […]
Read More →BCPG BCPG sets massive wind power goal. SET-listed BCPG Plc, the power business arm of Bangchak Corporation Plc, wants to add 1,000 megawatts through wind power projects in Asia-Pacific during 2019- 23. (Bangkok Post, 25/1/19) Comment: Well given the new PDP it definitely won’t be in Thailand BGC BGC has budgeted Bt5bn to acquire companies […]
Read More →ATP30 ATP30 expects earnings to be a record high with expected growth of 20% this year. This year, it will book a full year of revenue from four new customers and will not have to book Bt5mn depreciation for the 10-year bus lifetime. (Kao Hoon, 24/1/19) BEM EXAT (Expressway Authority of Thailand) retreated as its […]
Read More →CAZ CAZ expects revenue growth of 30-40% this year. Backlog is Bt2.8bn. It will bid for two projects, with at least one project to be decided this year. (Thun Hoon, 23/1/19)Comment: Regardless it was still an IPO flop CRD CRD signed a construction contract valued at Bt145mn. It expects to get jobs with total value […]
Read More →A random thought re politics is still being drafted since last week but until I post, the rumours since last night were now confirmed this AM that the Royal Decree from the King has been issued, countersigned by the PM. Date is yet to be confirmed however when you look at the deadlines, one should […]
Read More →ATP30 ATP30’s management targets revenue growth of 10% this year, focusing on customers in industrial estates. It is working hard to widen margin via cost control with target margin of 27%. It will provide service to a new customer in February. It plans to purchase ten service buses this year. (Thun Hoon, 22/1/19) Comment: Rather […]
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