ThaiCapitalist research
Effective at the close of 30 November 2016 these are the changes for Thailand MSCI GLOBAL STANDARD INDEXES: Â (+2) BJC, KCE // delete – none MSCI GLOBAL SMALL CAP INDEXES: (+4) COM7, MALEE, TKN, TFG // (-8) ASP, BJCHI, CBG, COL, CGD DNA, KCE, ROJNA
Read More →BA BA plans to expand routes and flights in 2017 to enable it to increase the number of passengers. It will receive delivery of 1-2 new planes in December. It reported 3Q16 earnings growth of 15% with revenue of over Bt6.7bn, supported by high season. (Thun Hoon, 14/11/16) BIZ BIZ reported 3Q16 net profit of […]
Read More →Gotta love bloomberg terminals, so just have a look at the month of December and you can understand why during the period from 2007-2012 every broker was banging on about a year end rally. What will 2016 hold for the market, will the high cash levels at local funds result in forced buying? Will the […]
Read More →The market has bounced back quite strongly from the events in the past few weeks/months and earnings thus far haven’t been as negative as many may have expected. I do expect the next few weeks are going to rather volatile with bonds & currencies moving on any news regarding Trump and the Fed.
Read More →Notable Transactions Buy(s) THB 82.6 mn TU – The owners decide that the shares are still cheap with a THB 43 mn buy S&P – A rare purchase here given that the name is typically its very illiquid, Â must’ve been an off the market block transaction Sell(s) THB 4.9 mn n/a
Read More →B99bn allotted for transport in 2017. The government is set to spend 98.8 billion baht next year to develop logistics networks, including three motorways and 10 electric train projects. (Bangkok Post, 7/11/16) CPI tweak for Internet, phone fees — THE COMMERCE Ministry will adjust its inflation calculation system by increasing the weightage for Wi-Fi and […]
Read More →AAV AAV reported 3Q16 net profit of Bt396mn, +333% YoY. Behind this is 21% passenger growth to 4.3mn, opening two new routes, increasing number of flights (Bangkok-Udon Thani), and refinancing of two aircraft. It will pay a dividend of Bt0.15/share, XD on Nov 22. (Kao Hoon, 11/11/16) AGE AGE expects 2016 coal sales to reach […]
Read More →APCO APCO signed a contract to set up a JV company (Bhubhiwat Co., Ltd). It plans to set up a medical facility to treat and prevent viral and infectious diseases by immune stimulation with natural products both at home and abroad. It is talking to parties to set up two more JVs in November. It […]
Read More →ALLA ALLA closed 18.8% above its IPO price on first trading day. It plans to use the funds of Bt432mn to repay debt, build a warehouse and expand business. (Kao Hoon, 09/11/16) Comment: Compared to other smaller IPO’s this was a relatively weak opening the co. Â AP AP expects to transfer seven new projects […]
Read More →THAI SOLAR ENERGY PUBLIC COMPANY LIMITED Name: Cathleen Maleenont, Ed.D. Position: Chairman of the Board and Chief Executive Officer Subject: Sun is shining on TSE October 2016 Please explain the history and business model of TSE The company was formed eight years ago with the aim to be a long-term participant in the renewable energy […]
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