ThaiCapitalist research
And he’s out with his May Commentary, several interesting points here, here’s a few snippets and a link to the rest of the paper. I remain of the view that 2018 will be a positive year for equities, primarily because of performance in the second half and driven by earnings growth. The tax cut should […]
Read More →MRTA expects to finalize PPP plan for its West Orange rail project (Thailand Cultural Center – Bang Khunnon) worth Bt110bn, with board approval on civil work (Bt85bn) within May. (MGR Online, 30/4/18) Ministry of Industry elaborates on Alibaba’s investment plan. It will enter a 10-year leasing contract with local industrial estates to establish a logistics […]
Read More →B B will focus more on business restructuring to emphasize its logistics segment to accommodate rising e-commerce. The company targets to double revenue YoY in 2018, from Bt125.64mn in 2017 and expects to record some profit vs. net loss in 2017. It will reduce the proportion of customers in heavy industry from 90% currently to […]
Read More →APCS APCS is ready to do the pilings for a community waste management project for producing energy with mechanical-biological technology at Solid Waste Disposal Center under the management of Krungthep Thanakom worth Bt1.87bn in early May. Management expects to recognize revenue this year and next and is confident it will be awarded more jobs with […]
Read More →AOT AOT says plans to invest Bt120bn in second airports for Chiang Mai and Phuket. It expects to get board approval on May 25. On April 25, the AOT board approved a decision to accept a contract to manage four more airports (Udon Thani, Sakon Nakorn, Tak, and Chumporn) for the Department of Airports. This […]
Read More →ABM ABM closed at Bt2.52, 40 %above IPO price on the first day of trade .The company will spend Bt135mn to expand its palm kernel warehouse, build wood pallets )for biomass power plant (and expand the sawmill . Management said lots of orders will underwrite 2Q18 sales growth of 30 %to 22,000 tons/month and it […]
Read More →A discussion with peers on Sunday, led us to thinking, what happens if oil goes to 100? SET at 2,500? Who wants to take the opposite side of this bet?
Read More →Notable Transactions Buy(s) THB 228 mn SUPER – So does this imply that Pradej would be taken out as a shareholder? BTS – And he keeps buyingggggggg Sell(s) THB 9.9 mn N/A
Read More →CPF/CPALL Twice this past week, CPF let the market know that part of its exchangeable bonds issue in 2016 were exercised and converted into CPALL shares. Background: USD 300 mn exchange bonds issued in Sept 2016, bondholders can exchange 90,100 CPALL shares for every USD 200,000 of the bond principal (THB 77.34 per CPALL share […]
Read More →The Ministry of Commerce said 6,728 companies registered in March, -1%YoY. In 1Q18, total new companies are above 20,000, +7%. This is expected to be better due to economic recovery. TOR of Bongkoyt-Erawan gas auction to be sent to the EPPO for approval. It will add special points if more than 80% of employees are […]
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