ThaiCapitalist research
High-speed airport rail headed to Rayong. The committee for special economic zone development in the Eastern Economic Corridor (EEC) scheme has approved a 30-km extension of the high-speed railway that will connect three airports to Rayong province, for an estimated Bt10bn expenditure. (Bangkok Post, 04/08/18) Ad spending on digital TV up 13% YoY. Advertising spending […]
Read More →AGE AGE reported that 1H18 coal sales volume broke its target of 1.8mn tons. It expects 2018 sales volume of 3mn tons supported by Chinese imports, which were the highest in 54 months. It has already exported 200k tons coal to China. 2Q18 earnings were Bt46.5mn, +39.25%YoY. (Thun Hoon, 9/8/18) MGT MGT is negotiating for […]
Read More →BPP BPP gets Vietnam gov approval. BPP reports that Vietnam’s Department of Business Development has approved its 80MWz wind power plant project. The project is divided into three phases: 30MWz, 30MWz and 20MWz. The first phase of 30MWz will generate electricity in 2020. (Thun Hoon, 9/8/18) Comment: Vietnam is a country in desperate need of […]
Read More →ASEFA ASEFA expected 2H18 results to be good supported by high season. It targets 2018 revenue growth of 10-15%. It is working with a partner to set up a subsidiary “Smart Grid International” to increase revenue. It continues to reduce energy cost. (Thun Hoon, 8/8/18) COM7 The Taiwan manufacturer of iPhone chips A11&A12 was hit […]
Read More →DELTA Delta Taiwan upping holding to alleviate trade war risk. The President of DELTA Taiwan reiterated that the increase of the parent company’s holding in DELTA is being undertaken to reduce the risks arising out of a trade. (Thun Hoon, 7/8/18) Comment: That is the rhetoric from the company…and then the media domestically and internationally […]
Read More →And so he’s called off the tender offer and LH’s board has called off the EGM. Reminder: Initially he planned to make a voluntary tender for 10% of LH’s paid-up shares. This was notified to the board on 21 June 2018. The value was a maximum of THB 1.195 bn at THB 11.80/share This was […]
Read More →DCC, ZIGA ZIGA partners with DCC to sell its product in DCC stores, supporting ZIGA’s revenue growth target of no less than 15% this year. DCC expects 2018 revenue growth of 10% after its sales recover and a bump up of 5-5% in product prices. (Kao Hoon, 6/8/18) Comment: DCC…one could say its cheap, one […]
Read More →Notable Transactions Buy(s) THB 9.8 mn N/A Sell(s) THB 29 mn ITD – Panther man is still dumping his own shares
Read More →2Q18’s are in full swing. Lots going on, market seems confused which way to go, the resource sector has returned to help things hold up. I still hold to the same thesis, bear market (rubbish econ, interest rates going up, banks not extending financing), great little rallies here and there for some names, but overall […]
Read More →Thai Rice Exporters Association said Thai rice exports are expected to reach 11mn tons, up from the previous expectation of 10mn tons. It expects rice exports to grow throughout 2H18 because Indonesia is ordering 1-2mn tons more from Thailand and the Philippines plans to import more than 0.5mn tons of Thai rice. (Post Today, 29/07/18) […]
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