ThaiCapitalist research
And finally the energy sector has its turn to drop thanks to the incredible low bid by PTTEP for the two oil blocks. Perhaps finally the disconnect between PTTEP’s share price and oil prices will converge (in english – PTTEP drop’s another 20%) Now if the BOT does increase interest rates will the prop funds/REITs […]
Read More →AP AP reported 11M18 presales of Bt41.5bn, exceeding its full-year target of Bt39.8bn. Revenue from its JV was Bt27.1bn, a record high. (Kao Hoon, 17/12/18) Comment: So even despite great earnings and pre-sales numbers this stock has also plummeted ASEFA ASEFA expects many projects to come up for bidding next year, especially big infrastructure and […]
Read More →French PM to detail Macron’s measures to appease ‘yellow vests’ The French government will Tuesday try to convince lawmakers and the public that President Emmanuel Macron’s speech met the demands of the “yellow vest” movement, even as many demonstrators said they were disappointed and vowed to press on with their protest. (AFP, 11/12/18) Beijing ‘offers […]
Read More →Telecoms ITEL, SKY, SIMAT, TRUE and LOXLEY were awarded NET USO Zone C project. ITEL received Group 8 South valued at Bt2.46bn. SKY received Group 6 Central 1 valued at Bt2.20bn. SIMAT received Group 4 Northeast 2 valued at Bt2.25bn. TRUE received Group 1 North 1 and Group 7 Central 2 total valued at Bt4.82bn. […]
Read More →CHO CHO offers PP to Marat Saelim of 118mn shares at Bt1.4297/share. This will give it Bt169mn in funds to support investment in its E-Ticket project, a ten-wheel truck repair center and Khonkaen Smart City. (Kao Hoon, 13/12/18) Comment: That’s an interesting development, no idea who Marat Saelim are. ITEL ITEL got a job from […]
Read More →ARROWÂ ARROW added electrical conduit production capacity to handle the expected increase in big construction projects. It targets revenue growth of 10% next year and a widening in its net margin to 10%. (Thun Hoon, 12/12/18)Â BIZÂ BIZ targets sales growth of 10% next year. It targets sales from BIZGenes, its new business, to reach […]
Read More →And so the weakness continues…Oil prices can’t seem to recover even with OPEC deciding to do another cut. And the pre-election rally isn’t happening because there still isn’t a set firm date for the elections. It’s going to be a tepid finish to the year.
Read More →Notable Transactions Buy(s) THB 94 mn OSP – Family buys back some shares in the market Sell(s) THB 102 mn JKN – Another block sale by the founder to the owner of BCH Plc
Read More →ATP30 ATP30 expects revenue growth of 10% this year. The march toward an election will increase confidence in investment and bring it more customers. (Thun Hoon, 11/12/18) BGRIM BGRIM targets earnings growth of 16% next year to Bt42bn. Electricity production capacity will increase by 863MW next year. It has been looking into a 30MW wind […]
Read More →BoT says GDP growth could fall short. The Bank of Thailand has turned more pessimistic on this year’s economic growth, saying risks to its 4.4% forecast are tilted to the downside. Economic growth this year could be dampened by weak exports and tourism. (Bangkok Post, 01/12/18) Improving rice prices. Department of Foreign Trade says 11-month […]
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