ThaiCapitalist research
BKD 1Q15 net profit was Bt13.07mn (+17.5%YoY) on revenue of Bt194.88mn (+16.17%YoY) up from 1Q14’s net profit of Bt11.12mn and revenue of Bt167.75mn (Post Today, 13/05/15) CEI CEI will change its name to “Advance Connection Corporation†(ACC) and plans to invest in alternative energy. Management guides to a turnaround in earnings this year. It plans […]
Read More →As an fyi, just off the presses this early AM, these changes will be effective as of 29 May ’15 MSCI GLOBAL STANDARD INDEXES – None for Thailand MSCI GLOBAL SMALL CAP INDEXES – ADDITIONS: BA, BEAUTY, CBG, EPG, IMPACT, IFEC, MTLS, PLANB, PTG, SIM, SCN, TSE, UNIQ, WORK – DELETIONS: JMART, TPIPL
Read More →ARROW Says revenue will grow 20% on booking revenue of Bt168mn. It is waiting for bids to open for new project valued at Bt160mn. 2Q15 income is estimated to rise 20%YoY while 1Q15 earnings surged 72% to Bt61mn. Domestic and international funds are interested in ARROW stock. (Thun Hoon, 12/05/15) Comment: Their 1Q15 earnings were amazing, […]
Read More →The new digital TV industry has been both a love and hate relationship for me, at times I can see the bull in it, about how well some new players will perform (WORK, RS), newer players receiving higher ad rates over the coming years, at other times I see the bear argument, an audience population that […]
Read More →BJCHI Expects to get project in Brazil worth Bt4-5bn in May. 1Q15 earnings will be released in this week. (Khao Hoon, 11/05/15) Comment: Even though oil prices have dropped, it hasn’t appeared to hurt BJCHI at all just yet. FSMART 1Q15 earnings surged 83%YoY to Bt57mn with total revenue of Bt361mn. Management says “Boon-term†machines […]
Read More →David Tepper of Appaloosa Management said it best a week ago, there are four Fed’s in the world today, the US is printing money, Europe has begun its own QE, Japan has it’s own QE and now China has joined the party with their latest round of interest rate cuts. The People’s Bank of China […]
Read More →Notable Transactions Buy(s) THB 102 mn TH – Looks like the owners are buying blocks off other shareholders Sell(s) THB 0.5 mn N/A
Read More →The market hasn’t been performing well on the back of a continued weakening economy, relatively crap 1Q15 numbers, the BOT recently saying they need to weaken the baht to push growth, and still not the cheapest valuations, it’s only natural that things are coming off.
Read More →Two interesting articles from the FT in the past few weeks about Thailand, first up is a commentary on politics In the latest example of what one commentator has dubbed his “compulsive loquaciousnessâ€, he insisted to guests at an international publishers’ conference in Bangkok last week that he was not their enemy. But what came […]
Read More →The big push by local institutions at the end of April was quite something, represents more than 50% of their net buying for the year. Do note, as requested by some readers, we’ve expanded the charts to include a daily track of all investor movements during the year, enjoy!
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