ThaiCapitalist research
This week we have a couple of things to look too, a new government which in turn should lead to decisions on the martial law, energy plan, and whatever else they may think of. The SET has done very well this year, up 20% YTD (still +9,7% over 12 months), should there continue to be […]
Read More →ADVANC ADVANC building up 3G network. It will bring total stations to 20,000 in 2014 from the current 19,000. It plans to set up 3,000 small cells nationwide in 2014 from currently 300 to support data usage. (Kao Hoon, 01/09/14) AMATA Amata well positioned to tap into AEC potential – With the formation of the […]
Read More →Notable Transactions Buy(s) THB 60 mn RS – The CEO/MD/Chairman buys another THB 20 mn in RS SAMART – The President buys a big stake at THB 25 mn Sell(s) THB 142 mn AAV – A massive sell by the CEO, I’m guessing that it must be a block trade. tha
Read More →Since its debut in 2011, three companies — EDL Generation, Banque Pour Le Commerce Exterieur Lao and Lao World — have listed on the LSX.   Mr Dethphouvang projects the number of listed companies to increase from five in 2015 to 26 by 2020. Most of the potential firms are power-generating companies. Laos currently has […]
Read More →MK Restaurant Group Plc is a multibrand restaurant group with branches throughout Thailand and elsewhere in Asia. It listed on the Stock Exchange of Thailand in August 2013 and trades under the symbol M. Chief executive Rit Thirakomen discusses the company’s strategy and outlook. Rit Thirakomen says MK Restaurant will continue to expand at home […]
Read More →Thailand Gloomy export figures for July may force revised growth target – The Commerce Ministry will likely be forced to slash its export-growth target for this year from 3.5% to 1.9% after July’s shipments continued to slide by 0.8% YoY to US$18.89bn. (The Nation, 28/08/14) Mega-projects ‘to boost growth’ – The junta’s economic czar, Air Chief […]
Read More →ABC ABC’s financial statement reported sharp decline in net profit in 2Q14 due to the slowdown in the property market. It expects the use sale of idle land to repay debt. It is assessing the electronic business and will do a road show with a partner. (ASTV Daily Manager, 29/08/14) AS AS expects improving earnings […]
Read More →BEAUTY BEAUTY expects growth in 2H14 and maintains 2014 revenue growth target of 30% YoY as purchasing power continues to improve. The company expects to add new branches overseas to increase growth. (Kao Hoon, 28/08/14) Comment: BEAUTY is definitely the fastest growing cosmetic retailer in Thailand today CCP CCP expects revenue growth of 10% in 2014, excluding […]
Read More →An interesting piece in the past week’s Economist regarding Thailand and it’s relationship with China. Â My viewpoint on Thailand’s relationship with China is that no matter what the Economist says China plays a damn important role in Thailand’s future on the economic front, (1) today Chinese tourists are already represent the highest %age of all […]
Read More →AJ Management expects good performance in 2H14 after 2Q14 earnings of Bt13.71mn, up from a net loss in 1Q14. It plans to add value-added products and increase high-end clients overseas, supporting profit margin. It expects to be in the black in 3-5 years. (Thun Hoon, 27/08/14) Comment: This company has been losing money for the […]
Read More →