ThaiCapitalist research
Notable Transactions Buy(s) THB 84.6 mn S&P – Looks like the owners bought a block off the market Sell(s) THB 408 mn NETBAY – A huge sale by the founder, that’s 9% of outstanding shares PJW – Looks like the Vice Chairman wasn’t going to wait for the supposed expansion and new customers that management […]
Read More →Worst performers so far have been Healthcare and personal products. High valuations do tend to have that impact… then again the healthcare issue seems to be 1) no new diseases that have made people rush to the hospitals 2) drop in ME patients 3) SSO impact. A little hurray must be said for the automotive […]
Read More →AAV AAV reported strong ticket presales for 3Q17. The company is increasing its flight routes to boost sales. It expects to add four more routes in 2H17 which will push up passenger numbers to over 19.5mn and support 16% revenue growth YoY. (Thun Hoon, 20/6/17) ADVANC ADVANC will sign 2100 MHz with TOT this year […]
Read More →AOT AOT is confident it will have revenue growth of 8%, driven by more flights and tourist arrivals. It targets tourist arrivals of 180mn within 10 years. (Khao Hoon, 19/6/17) Comment: And this will mainly be driven by China BTS BTS with STEC and RATCH will sign the contracts for the Pink and Yellow lines […]
Read More →For SET50 – Market capitalisation is Bt10 trillion or 65% of the SET’s total market cap as at end-May 2017 Additions: BJC, BPP, EA, MTLS, RATCH, SCCC, TISCO Deletions: BA, BCP, CENTEL, CK, PTG, THAI, WHA Reserve list: BCP, CENTEL, CK, SAWAD, WHA For SET100 – Market capitalisation is Bt12 trillion or 75% of the […]
Read More →Thai economy not going to grow rapidly. ASEAN +3 Macroeconomic Research Office (AMRO) said the Thai economy is not going to grow rapidly since private investment has not recovered. Household debt and SME NPLs continue to rise, pressuring GDP growth down. (Thai Post, 13/6/17) Package to promote SEZ to be proposed to cabinet on June […]
Read More →BCPG BCPG expects 2Q17 to be stronger QoQ backed by contribution from the new power plant. The company targets 25% revenue growth from Bt3.38bn in 2016. It will bid for more PPA in the new lot of government waste power plant bids. It expects 30-40 MW. (Thun Hoon, 16/6/17) BEAUTY BEAUTY is targeting small sized […]
Read More →FTSE rebalancing: rebalancing will happen during the close of today. These are the changes… FTSE Large-Cap = No changes. FTSE Mid-Cap = Add: EA, BPP, TPIPP, KSL, VNT, WHAUP // No deletions FTSE Small-Cap = Add: ORI, CMR, SQ, LANNA, TNR, FN, GLANDRT, UTP, MACO, CTW, TKS // Delete: VNT (move to mid-cap), CRANE (move […]
Read More →AGE AGE expects 2Q17 to be strong from robust coal demand both domestic and overseas. The company has more than 300K tons of orders. Its strategy is to diversify risk and put more emphasis on sea logistics with eight coal transport ships in its current arsenal. (Thun Hoon, 15/6/17) ANAN ANAN expects 2Q17 revenue to […]
Read More →Boom. Importers rejoice, exporters are getting nervous. I’m no specialist when it comes to currencies but I’ve always thought that the countries affected by the ’97 crisis would eventually see their currencies return to those previous levels, plus with the previous arguments regarding the nature of the monarchy and the what if question gone, what […]
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