ThaiCapitalist research
The whole world appears focused upon the Ukraine, whilst locally we still have our own political trouble (albeit less of an issue in terms of global relations than the Ukraine) and there is also recent news of soft PMI data out of China and Korea
Read More →Notable Transactions Buy(s) CM – A large share purchase by a director, not too sure what the story here could be. Sells(s) ITD – Again a big sell by management SRICHA – This construction company stock has been doing very well over the past few quarters, so does the MD not see any further upside?
Read More →AOT AOT to pay dividends of Bt4.6bnand expects revenues for the year to exceed Bt100bn.(Khao Hoon, 03/03/14) EA As expected, EA reported strong net profits at Bt268mn, 150% YoY, supported by its solar farm business that continued to grow strongly.(Khao Hoon, 03/03/14) Comment: An infrastructure fund next for this group? INTUCH Tight lips— Temasek Holdings, […]
Read More →So the PDRC has decided to stop the Bangkok Shutdown but still continue protesting in 4 areas including Lumpini Park but Asok and Rajaprasong and now clear. Suthep says it’s not a sign of weakness, really? Every protest site has looked incredibly empty for the past month, he hasn’t run around the streets looking for […]
Read More →Golden Land Plc (GOLD) is a SET-listed property developer focusing on landmark commercial, hospitality and mixed-use developments in the heart of Bangkok’s central business district as well as low-rise residential living. President Thanapol Sirithanachai discusses the company’s strategy and outlook. Mr Thanapol believes Thailand will quickly recover from the political conflict. Golden Land has gone […]
Read More →Thailand Economy in danger of stalling — Credit rating agencies have voiced concerns that the political impasse could take a toll on investment if it continues, says a Finance Ministry source. Public investment under the caretaker government cannot proceed at full throttle, while the Bt2trn infrastructure and the Bt350bn water management projects have been temporarily […]
Read More →AAV Thai AirAsia’s Q4 profit falls by 40% – Last year’s fourth-quarter net profit of Thai AirAsia (TTA) dropped by 40% YoY to Bt425mn due to aircraft deprecation costs and higher spending to counter the market downturn caused by the civil unrest in Bangkok. This came despite a 16% increase in revenue to Bt6.50bn and […]
Read More →BCP BCP aims at EBITDA of Bt25bn in 2020, brought by a focus on projects with 15% IRR. It expects 2014 EBITDA of over Bt10bn, supported by solar farms. (Khao Hoon, 27/2/14) Bangchak to issue up to Bt8bn in bonds — BCP will issue Bt50-8bn worth of debentures in the second quarter of the year […]
Read More →So despite all this political rubbish, foreign investors selling the market, local investors have buying LTF’s taking advantage of the weakened equity market. The numbers are: Local investors have a net buy THB 1.18 bn in LTF’s this year Typically in the past 3 years of Jan-Mar, net sales of LTFs were THB 3 bn in […]
Read More →BJCHI DPS Bt2.40; XD May 5, on net profit of Bt1.21bn, a 52.16% increase YoY. It expects no less than 15% revenue growth this year, booking Bt1.7bn from its current backlog of Bt2.3bn. It will soon bid for projects in Australia and South America and get results on its Brazil bid. (Khao Hoon, 26/02/14) Comment: […]
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