ThaiCapitalist research
BA SEC punishes top BA shareholders. The Securities and Exchange Commission (SEC) has imposed fines totaling Bt500mn against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation. (Bangkok Post, 19/1/19) Comment: Isn’t it silly? Not the SEC, the founder(s) of BDMS and BA. Their official paper net […]
Read More →And so banks have started to release earnings with BBL looking like the safest one of the lot, perhaps being a stodgy old banker made more sense as opposed to what SCB et al were trying to accomplish. More numbers are coming out during the week…I can’t help but wonder why JMT and CHAYO (debt […]
Read More →Notable Transactions Buy(s) THB 235.5 mn BDMS – The insider trading family members don’t care about the potential price cap on hospital bills. THG – He’s still buying GLOBAL – It’s come off a fair bit since the peak and a director is buying IVL – Heinecke thinks the noise on the inventory loss is […]
Read More →Price controls ‘will hit healthcare’. The Private Hospital Association is calling for the state to bring all public hospitals under the jurisdiction of the Medical Facilities Act of 1988 in response to the government’s proposed price controls on medical services. The move would put all hospitals under the same regulatory framework, requiring each to provide […]
Read More →CHOW CHOW’s management explained the impact from Japan’s cancellation of solar farms in which investment has not begun. It plans investment in only 8MW solar farm in Japan, small against its total electricity production capacity of 60MW. It provided an explanation after the stock price fell sharply to current P/E ratio at 7.44. (Thun Hoon, […]
Read More →BSM BSM expects revenue of more than Bt1bn, up sharply from 2018 expected revenue of Bt640mn. It will enter into the property development business and plans to launch one project each quarter with value around Bt350-400mn per project. It will focus on Central Business District (CBD). (Thun Hoon, 17/1/19) CIMBT Kittiphun Anutarasoti temporarily suspended as […]
Read More →BANPU BANPU says more than ten investment funds expresses interest in its shares during a roadshow in Japan, supporting its outbound expansion plan. It will continue to do roadshows abroad this year and detail its strategy “Greener & Smarter”, confirming its growth performance and leadership of the integrated energy business in Asia-Pacific. (Kao Hoon, 16/1/19) […]
Read More →BCPG BCPG says its 27.9MW solar farm in Japan was affected by the Japanese agency’s reduction of electricity purchases. It must rush to complete the project in 2020 before the agency reduces the FiT (Feed-in-Tariff). It is focusing on solar rooftop projects, following the government’s PDP plan and diversifying investment in other countries. It expects […]
Read More →BDMS BDMS announced the sale of all 4.58mn of its shares in RAM to Cypress Consolidated Healthcare, F&S 79, Synphaet and VIBHA for Bt2,800 per share for a total value of Bt12.85bn. This will eliminate BDMS entire 38.24% holding, which it has held for 15 years. The deal will be completed in February. (Kao Hoon, […]
Read More →Notable Transactions Buy(s) THB 205 mn RJH – Management here believes that the sell off in their hospital name is overdone ORI – She’s still buying THG – He’s never stopped buying his shares KBS – Oh a first in a long time, sugar prices turning? Sell(s) THB 15.6 mn N/A
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