ThaiCapitalist research
ACAP ACAP has been rated “BB†by TRIS, signaling stable growth and a strong balance sheet. (Thun Hoon , 14/6/17) EA EA will book contribution from two wind farms worth 45 MW with the third wind farm to start up soon and push total capacity to 404 WM in 2017. This will support performance to […]
Read More →AGE AGE will submit its investment plan to the board for approval in August. It plans to invest over Bt100mn. Management is finalizing plans for 3Q17 and expects 2H17 to be strong as orders from China and Vietnam will support 3mn sales volume (25-30% growth). (Thun Hoon, 13/6/17) AMATA AMATA is in talks with Chinese […]
Read More →BEAUTY BEAUTY expects 2Q17 performance to improve QoQ and for profit in 2017 to grow 20% YoY from new branch openings. SEC announced that KASSET reduced its ownership by 0.33% to 4.72%. (Kao Hoon, 12/6/17) CHO CHO will sign with BMTA for its e-Ticket bidding project worth Bt1.67bn. The first 800 buses will roll out […]
Read More →I do like checking this every once in a while for a few reasons To see how investor appetites are throughout the region To put things into perspective whenever reading headlines from Bloomberg that xyz market is booming or crashing How certain markets could still have a long way to go i.e. India is only […]
Read More →Notable Transactions Buy(s) THBÂ 573.4mn BDMS – The daughter (?) has decided to take turns with her father in placing the bid under BDMS’s share price NPP – The MD buys a decent stake in this company that seems to be on an upward trend Sell(s) THB 51.2 mn N/a
Read More →And the zig zagness of the market continues, I normally like this period between mid May and mid August because its 3 month’s of zero corporate earnings and it’s a good time to recheck holdings and to see if new ideas are worth adding into a portfolio.
Read More →Income from government infrastructure to be taxed. The Ministry of Finance plans to tax income from parties who generate income from government infrastructure projects. It will open discussion before proposing this to cabinet. Those with revenue higher than Bt50mn are expected to pay this tax. (Thai Post, 2/6/17) BoT eases up on forex regulations. The […]
Read More →AH AH to invest Bt3.5bn in a JV with Sakthi, a major player in auto parts manufacturing. (Thun Hoon, 9/6/17) Comment: A rather strange JV and I’m not entirely convinced by it AIT AIT is to sign a new contract worth Bt594mn in the next 1-2 months. The company is also anticipating other biddings worth […]
Read More →ANAN Ananda said its 2Q17 presales could reach Bt2.9bn. It is going to launch seven new projects worth Bt22.7bn. 2Q17 revenue could reach Bt7.35bn. It also plans to issue new bonds worth Bt1bn. (Khao Hoon, 8/6/17) Comment: And things are progressing as per expectations BCH BCH to benefit from Social Security’s raise in medical reimbursement. […]
Read More →AMATA AMATA visited Stockholm, Sweden to study its ‘Hammarby Sjostad’, or ‘Smart City’ project, and SAAB Group which manufactures fighter jets for Sweden, in the hopes of developing a Smart Aerospace City in Thailand. (Thun Hoon, 7/6/2017) CSS CSS expects to benefit from NBTC and MEA project to ground all power/cable lines along five main […]
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