ThaiCapitalist research
Notable Transactions Buy(s) THB 252 mn BGRIM – A switch between shareholders TKN – After selling a chunk at 25, they’ve bought back at 20. Sell(s) THB 2.7 bn BGRIM – See above AND a massive sale by the major owner
Read More →The market seems to be struggling to maintain its recently high levels.
Read More →Thai rice exports grew +21.01% YTD (10.42mn tons), likely to hit a new high at 11mn tons in response to a rise in global demand. (Thai Post, 28/11/17) FPO official: GDP rise of 4% in reach. All eyes on exports in final months of year. Thailand’s economic growth is likely to come close to 4% […]
Read More →ATL ALT approved warrant issue at 4 existing shares for 1 warrant, XD on 12 December. It plans to use the funds to expand its business by investing in telecommunication projects for rent, as it intends to raise the proportion of recurring revenue to strengthen and sustain business growth. (Thun Hoon, 1/12/17) Comment: The key […]
Read More →AOT AOT reports FY2017 net profit of Bt20.683bn, growing by 7%, as more low-cost airline passengers led total number of passengers to increase to 129.2mn, growing by 7.73%. However, it incurred a retroactive rental expense of \Bt1.378bn, which affected its margin by 0.2%. (Khao Hoon, 30/11/17) Comment: In the end its monopoly, thats growing, the […]
Read More →AMA AMA targets 2018 revenue to grow by 30%, as it plans to add two more ships and 30 trucks in response to the growth in the industry. It believes 4Q17 results will be outstanding from high season, which will lead 2017 revenue to make new high at Bt1.5bn. (Khao Hoon, 29/11/17) ANAN ANAN says […]
Read More →AMATA AMATA is going to budget Bt1bn to buy more land in EEC area and plans to raise utilities prices, which will lead 2018 revenue up from this year. It believes 2017 revenue will reach target after achieving Bt3.94bn revenue in 9M17. It currently has backlog of Bt1.96bn and will gradually book revenue from Thai-Chinese […]
Read More →BAFS BAFS has budgeted Bt500mn to add more fuel trucks in order to expand refueling points in the airport. It targets 2018 revenue to grow by 3% from 2017 projected revenue of Bt4.4bn, as demand has risen. It believes 4Q17 results will be outstanding as it enters high season. (Thun Hoon, 27/11/17) Comment: With the […]
Read More →Notable transactions Buy(s) THB 212 mn FC – Funny moves in this company, underperforming across the board and strange price movements, a cap increase is on the cards. RS – And he’s still buying at these levels, I can only imagine that he’s dreaming of combining the valuations of BEAUTY and WORK into RS Sell(s) […]
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