ThaiCapitalist research
Notable Transactions Buy(s) THB 1.4 bn SUPER – And boom now look at the stock price after SAWAD – Looks like the owners think that the doubling of NPL’s was a one off RS – So this company is now a media player, cosmetics, what else could they do to drive the “value” here? I […]
Read More →It is all about the dollar and oil at the moment. Oil prices have dropped by some -5%, watch the market drop to 1,600 levels
Read More →JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]
Read More →Budget for agricultural (via 15 measures) is estimated to add Bt100bn into the economy. Given the budget size of Bt42bn, the budget multiplier is around 2.65X. This should generate income of Bt30bn for farmers. (Kao Sod, 21/5/18) Thai exports hit 7-year high. Ministry of Commerce says April-18 exports grew 12.3% to $19bn, extending a winning […]
Read More →AOT AOT’s board of directors gave the green light to second airports in Chiang Mai and Phuket budgeted at Bt126bn after forecasts showed the current airports will be fully utilized. It will propose the plan to the cabinet and shareholders for approval. (Kao Hoon, 25/5/18) Comment: With it supposedly completed by 2022, lets add 2 […]
Read More →BGRIM BGRIM at risk of losing two projects. BGRIM is facing a risk that development of two power plants (BGPR1 and BGPR2) with total capacity of 240 MW might not be able to continue, because these two projects need to relocate to other industrial estates after the V.R.M. Industrial estate (the original location for these […]
Read More →BAFS BAFS expects revenue reach Bt5bn in 2021 upon a full year of revenue from Phichit-Lampang oil pipe. For 2018, it expects revenue growth of 4-5% on easing of ICAO for 16 airlines. (Kao Hoon, 23/5/18) CHOW CHOW expects revenue to exceed Bt5bn as it will book Bt1bn in revenue from its energy business in […]
Read More →EFORL EFORL shareholders approved a capital increase via private placement of 16,108mn shares to a group of investors led by Mr. Vichai Tongtang. The funds of Bt644mn will be used to expand its medical equipment business for cosmetic surgery. (Kao Hoon, 22/5/18) Comment: Well done that’s changing the story of this holding co JWD JWD […]
Read More →ASIAN ASIAN management expects a 2Q18 earnings turnaround supported by strong order flows, a new production line and baht depreciation against the US dollar. The company has Bt1bn budgeted for M&A for business expansion and long-term growth. Its dog and cat food under the new “Maria” brand is expected to bring Bt100mn in revenue next […]
Read More →Same story week in week out but with an added bonus now of the hospital sector waking up post great 1Q18 #’s
Read More →