ThaiCapitalist research
There’s another 5 days left for all 3Q14 earnings to be announced, needless to say its been a busy period. The market has been wobbling for a few reasons 1) 3Q14 have come out looking average at best, if not downright awful for some sectors 2) Everything appears to be priced in for the good […]
Read More →Notable Transactions Buy(s) THB 20mn N/A Sell(s) THB 22mn N/A
Read More →MSCI GLOBAL STANDARD INDEXES – The following are changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of Nov 25, 2014. ADDITIONS: DELTA, EA, TUF DELETIONS: None MSCI GLOBAL SMALL CAP INDEXES The following are changes in constituents for the MSCI Global Small Cap Indexes which will […]
Read More →Mermaid Maritime Plc, a provider of subsea and drilling services for the offshore oil and gas industry, is a subsidiary of Thailand-based shipping group Thoresen Thai Agencies Plc (TTA). Mermaid has been listed on the Singapore Exchange since 2007. Chalermchai Mahagitsiri, executive vice-chairman and chief executive, discusses his company’s strategy and outlook. What is Mermaid’s […]
Read More →Thailand Consumer confidence up in Oct – The consumer confidence index for October edged up from the previous month, attributed to the government’s planned Bt360bn economic stimulus measures to be implemented in the remaining months of the year. (The Nation, 7/11/14) Opinions divided on 2015 growth – Public policymakers, Pridiyathorn, remain upbeat that next year’s […]
Read More →ADVANC ADVANC targets revenue growth of 4-5% in 4Q14, from 3Q14 revenue of Bt29.382bm. For the year, it expects revenue from services to grow at its target rate of 1-2%. It said it is confident that bidding for 4G will start 3Q15. (Kao Hoon, 07/11/14) Comment: The key thing that most investors look at here […]
Read More →AP AP reports presales of Bt21bn as purchasing power has recovered to support demand for property in downtown and near train mass transit. The company is preparing to launch Banklangmueng in Sukhumvit 77 and Rhythm “The Slow Collection†totaling Bt6.35bn. (Thun Hoon, 06/11/14) BEAUTY BEAUTY says 4Q14 will be good on seasonality. It expects revenue […]
Read More →Quietly released yesterday on Thailand’s SEC website was that they have approved the framework for the infrastructure trust regulations. The key details of it are: It can invest in onshore/offshore infrastructure projects either directly/indirectly or via rights in revenue sharing Minimum size THB 10 bn, minimum investments of each new project post set up must […]
Read More →AOT AOT proposing infrastructure fund — AOT will meet with the Ministry of Finance and the SEC next week to discuss setting up an infrastructure fund in order to raise Bt60bn for the construction of Suvarnabhumi Airport phase 2. It expects a decision to be made by December. Brokers and banks are lining up to […]
Read More →With Bangkok Airways Plc listing yesterday being incredibly poor (down 12% on its first day!), is it going to go the way of Nok and Thai Airways? If you can remember Thai Airways listed in the 90’s at THB 50/share, its today at THB 14 (after multiple recaps etc etc etc), in fact the only […]
Read More →