ThaiCapitalist research
(+/-) FTSE – FTSE SET Index series will be effective on 15 Mar 19 FTSE SET Large Cap Index – Add: HMPRO, GULF, EA, MINT, MAKRO, BEM, DIF FTSE SET Large Cap Index – Delete: None FTSE SET Mid Cap Index – Add: MTC, GPSC FTSE SET Mid Cap Index – Delete: None FTSE SET Small […]
Read More →BA to expand CLMV routes this yr, as it invests Bt1.815b in the purchase of 2 aircraft, sets 3.5% rev growth t/g, 3% psx growth to 6.16m, bids for duty-free concession with 2 partners. Comment: Valuation wise it is cheap given the holding of BDMS. And this is shown in the share buyback program. But […]
Read More →AOT to propose plan to build 2nd terminal at Suvarnabhumi to Transport Min next week, citing urgent need as total passengers this yr is expected to reach 70m, vs 45m capacity. Comment: Although when you walk around the airport you’ll see that they could simple man each desk at immigration and the security lines and […]
Read More →ARIP branches out from event organizer & media publication to digital services, aiming to capture demand for turnkey digital platform for corporate, target 10-15% revenue growth this year. BCP target FY19 EBITA growth >30% driven by higher cracking capacity at 115k bblpd +12% yoy thanks to absence of maintenance shutdown, sets Bt14b capex for ethanol […]
Read More →And the start to the month has been mehhh. The initial rebound from the beginning of the year which looks to have just been a recovery from the shellacking in the 4Q18 may be over for now. FY earnings are out and I didn’t see anything encouraging, other than relatively clean balance sheets for the […]
Read More →Notable Transactions Buy(s) THB 34 mn N/A Sell(s) THB 67 mn HMPRO – The Chairman unloads a fair amount of shares ITD – And Panther man still keeps selling
Read More →Mega-projects to hike public debt : Uptrend in public investment to continue; economists call for more prudent allocation of military budget. Rising government spending on mega-projects, which are deemed crucial to economic growth, will further increase the country’s public debt, economists said with some asking the military to be more efficient in its spending. The […]
Read More →BANPU sets 48m tons coal sales target this year, $835m capex for FY19-20, while BPP, its power unit, to COD pp in Japan and China worth combined 114.2MW, to wrap up 80MW wind pp phase 1 in Vietnam by 1Q19. BJC sees positive SSSG from recovery consumptions and government stimulus package, will open 1st BIGC […]
Read More →BAY’s credit card & P-loan unit, Krungsri First Choice, offers 9.99% interest rates pa. for unsecure loans to 200k high quality customers, down from 28% p.a., allows easier access to credits, eyes 25% growth , 2.6% NPL target by end of year. Comment: Wow! Competition? Mortgage rates range from 0-4% in the first 3 years, […]
Read More →GULF teams up partner to develop 1k mw hydro powerplants in Laos, seeks to expand investment in Vietnam and OMAN, eyes 50% revenue growth from additional capacity this year from 4pp in Thai and 2 in Vietnam, firms on Bt33b revenue target. TMB’s entered into a non-binding MoU to consolidate with TBank thru an entire […]
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