ThaiCapitalist research
The trends still haven’t changed in the past month, infact it has gotten stronger with 1) Foreign investors selling in August reps 1/2 of their selling this year; 2) Local institutions are the predominate buyers still w/ their buying last month 1/4 of their purchases of the year; 3) Retail investors their buying in august […]
Read More →ARROW ARROW expects net profit to reach new high over next three years. 2015 revenue is expected to achieve target growth of 20%. It expects no impact from the yuan devaluation. (Khao Hoon, 01/09/15) Comment: And it’s still continue to grow strongly regardless of everything NOT happening in Thailand during the past 12 months BJCHI BJCHI expects […]
Read More →Quite a few things have happened in the past week that have led to foreigners selling some THB 15 bn worth of equities but with the news of the cabinet pushing stimulus programs a la Thaksin’s era and a quick rebound in oil prices have led to local participants falling over one another to pick […]
Read More →Notable Transactions Buy(s) THB 347 mn RS – And the CEO/founder continues to buy back shares around the THB 10 level SCC – Rather rare to see director buying here, always a positive sign at such a large entity. MCS – Similar to RS, this director purchases more shares around the THB 8 – 9 […]
Read More →AJD AJD expects to sign contract with YTO Express in September. It plans to invest in the logistics business in Thailand soon. (Khao Hoon, 31/08/15) AOT AOT expects to invest in Suvarnabhumi phase 2, valued at Bt56bn, by the end of this year. Management expects performance to be good as total passengers grew 14% in the first […]
Read More →The Philippines would be a bankrupt country if it weren’t for 2 factors 1) The 2-3 million overseas Philippino’s sending their money back home (OFW’s) to support their families – according to the Philippines Statistics Office*, Overseas Filipino Workers During Six Months Prior to the 2013 Survey by Area, transferred 163 billion pesos, that is ~USD 3.6 […]
Read More →The Bank of Thailand will permit to qualified investors with more than 100 million baht of liquidity to directly invest in foreign equities, bonds, mutual funds and other financial assets, deputy governor Pongpen Ruengvirayudh told reporters Friday. Overseas investments will be limited to US$5 million per year, she said. In 2017, the BoT will relax […]
Read More →Added value and ethical practices underpin Project Planning Service Project Planning Service Plc (PPS), which has been listed on the Market for Alternative Investment since September 2012, is a major engineering professional services firm. Phongthon Tharachai, deputy managing director, discusses the company’s strategy and outlook. What is PPS’s business model? We offer a comprehensive range of […]
Read More →Oil plunge takes bite out of tax revenue – The Revenue Department is predicting a wider tax revenue shortfall of 220 billion baht for this fiscal year after a prolonged drop in oil prices. The Revenue Department, the major tax contributor to government coffers at 80%, earlier estimated that revenue would miss the target by up to 160 […]
Read More →ACD ACD has approved the acquisition of ordinary shares of Orin for Bt195mn, including one condo under development named Origins Bangmod-Rama2 which has already 85% in construction, expects to transfer and contribute revenue by this year. (Thun Hoon, 28/08/15) Comment: Looks like a reverse IPO for Orin into ACD AH AH expects revenue to stagnant […]
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