Market update 24/09 – 28/09
Nothing clever to say regarding the previous week, other than meh.
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ThaiCapitalist research
Management Trades 24/09 – 28/09
Notable Transactions Buy(s) THB 49.6 mn GEN – Let’s see what happens here, looks like a new business/contract may come into this company, why else would he be buying so many shares in a poorly performing company? Sell(s) THB 121.5 mn HUMAN – Sale to local funds, now will it follow the path of BEAUTY […]
Read More →Stocks in the news (abm, advanc, jmart, dimet, gpft, iii, pcsgh, ptt, siri, tmi, wp) 01.10.18
ABM ABM expects to boost earnings after a loss in 1H18. Management says sales volume has reached target of 280k tons. Sales volume of Wood Palace factory was 60K tons in 1H18. It has budgeted Bt70mn to build 5K tons production capacity. It expects sales volume will peak in 2020. (Thun Hoon, 1/10/18) ADVANC, JMART […]
Read More →WHTW Top 10: 24/09 – 28/09
Monetary policy to remain accommodative: BoT chief. Thailand’s monetary policy will remain accommodative in the medium term and any rate increases will not be continuous, the central bank said on Monday. There are more financial stability risks than inflationary pressure at the moment, Bank of Thailand (BoT) Governor Veerathai Santiprabhob told reporters. (Reuters, 24/09/18) BoT […]
Read More →Stocks in the news (bgrim, cpn, glow, gpsc, gulf, irpc, mvp, ptt, rml, tff, tta) 28.09.18
BGRIM BGRIM is going ahead with an investment in a solar farm in Vietnam after Vietnam government extended the COD time frame to the end of 2020 and raised the tariff. Electricity demand in Vietnam is increasing. It expects to set up 200MW more in power plants, up from current 677MW in Vietnam. (Thun Hoon, […]
Read More →Stocks in the news (ah, aot, bts, green, ocean, pf, ptg, sc, siri, sta, true) 27.09.18
AH AH expects 2H18 revenue to be outstanding, supported by automotive demand growth. It expects 2018 revenue to reach its target. (Thun Hoon, 27/9/18) AOT AOT is asking for approval of a Bt7bn budget for three investment projects. Nitinai Sirismatthakarn, the President, said the second phase expansion of Suvarnabhumi has progressed and the design contract […]
Read More →Stocks in the news (cpf, cpn, cpt, delta, gpi, ilink, maco, nppg, ori, pttep, se, super) 26.09.18
CPF CPF unveiled its three-year business plan. It expects revenue from the broiler business to reach Bt50bn and plans to raise the contribution of processed chicken. It expects export growth of 10% annually. It expects revenue from the broiler business to reach Bt45bn this year, +10%YoY. (Thun Hoon, 26/9/18) Comment: As a holdco its ridiculously […]
Read More →Stocks in the news (advanc, asap, bh, biz, dna, forth, ivl, lpn, nch, ncl, tvd) 25.09.18
ADVANC ADVANC is implementing new upgrades to its “superblock” bandwidth structure, aiming to reinvigorate the country’s largest mobile operator as it faced stagnant subscriber growth the past few years because of a saturated mobile market. It claims the new superblock will help boost service speeds by 30%, while accommodating up to 52 million customers. (Bangkok […]
Read More →Stocks in the news (anan, bem, ck, cnt, coman, jwd, pjw, pm, sc, tluxe, toa, tvd) 24.09.18
ANAN ANAN is confident that revenue will grow by 152%YoY to Bt38bn. Current backlog is Bt54.6bn and Bt23.8bn of this will be booked as revenue this year. It expects 2H18 revenue to grow HoH. (Kao Hoon, 24/9/18) Comment: Part of their plan, and not a surprise given the delay of Ashton Asoke last year. BEM […]
Read More →Market Update 17/09 – 21/09
I’m going to keep saying it until elections occur. The news of it is making Thailand great again! A conversation with my father went along the lines of: Him: How does this really make a difference? Me: It may or may not, but the feeling will be that an elected government will be positive for […]
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