ThaiCapitalist research
AGE AGE will issue Bt1bn worth of debentures sometime in 1Q15. It plans to use the proceeds to invest in 10 biomass power plant projects with a total capacity of 100MW. It also set a revenue target of Bt9bn for 2015, up from the expected Bt7bn in 2014. (Kao Hoon, 06/01/15) Comment: This a positive […]
Read More →It is that time of the year where Strategists, Commentators and what not present their ideas for 2015, of them all I do enjoy reading Byron Wein’s, of Blackstone, thoughts for each year. I find his points related to interest rates, Japan and China the most relevant for Thailand this year. 1. The Federal Reserve […]
Read More →So much for the year end buying from local institutions to support the market! Source: SET Note: All values are mn THB
Read More →Interesting tidbit released by BJC today, their IFA has advised that shareholders should reject the transaction for multiple reasons (see below). I doubt that this will derail the acquisition but interesting to note nonetheless. 1) Risk concerning the loan financing and money transfer to Metro Vietnam’s Capital Account in advance for the whole amount of EUR 655 […]
Read More →ARIP ARIP expects higher net profit and revenue from 2014 after it has readied itself to support digital content. It also said that its acquisition plan has been concluded. (Kao Hoon, 05/01/5) Comment: Well hopefully, they’ve lost money in 2014, and I have no idea what acquisition plan they are referring to. CRANE CRANE will […]
Read More →Last year the SET returned 15.3%, the first few weeks a lot of the brokers are mentioning the possibility of LTF redemptions and the continued weakness in oil prices to weigh on the energy sector here.
Read More →Given the way December ’14 performed I thought it would be more interesting to present all the transactions that occurred during the month. Notable Transactions Buy(s) THB 6bn AAV, RS, CENTEL, BA, LIVE, M-CHAI, NBC, BA, STA, CPF, MC, EARTH, BBL, BLA, EARTH, AKR, PACE, TH Sell(s) THB 10 bn RS, AAV, CGD, AP, NYT, […]
Read More →With Xmas and New Years within the next 2 weeks, this will be the last post for the year as its time to unwind, relax and recharge for what will be an exciting and most likely volatile 2015. 2014 was close to a normal year for Thailand, we faced a military coup with a self […]
Read More →Bangkok Aviation Fuel Services Plc (BAFS) provides aviation refuelling and related services at Suvarnabhumi, Don Mueang and other airports in Thailand. Founded in November 1983, it was listed on the Stock Exchange of Thailand in April 2002. Managing director Prakobkiat Ninnad discusses the company’s strategy and outlook. What is BAFS’ business model? BAFS was founded […]
Read More →Thailand Budget disbursement down – Budget disbursement during the first three months of fiscal 2015 is expected to fall slightly short of the target. Deputy Finance Minister Wisut Srisuphan estimates Bt725bn or 28.2% of the annual budget expenditure of Bt2.575trn will be drawn down for the October-December period. (Bangkok Post, 19/12/14) 10% inheritance levy passes […]
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