ThaiCapitalist research
Out of curiouristy we did a quick backcheck of the past sectors that have driven the SET for the last 7 years. Upon seeing the results we do ask ourselves, why bother stock picking? We have to choose out of 550 companies a portfolio of 10 strong ideas, why not just pick a few strong […]
Read More →BMCL BMCL gains from political protest which has raised average passengers to 360,000 a day, +30%. The MD expects a good performance in 1Q14. The Mass Rapid Transit Authority of Thailand is preparing to sell bidding envelops for the Blue Line next month. (Khao Hoon, 28/1/14) Comment: At least there are some beneficiaries to the […]
Read More →The market rallied strongly towards the end of last week driven purely by the Banking and Telco sector. We have our doubts on Thai banks attaining double digit growth rates for 2014, there’s no more corporate income tax to help the profit growth as there was in the past few years, and loan growth looks […]
Read More →CSS CSS to penetrate telecom market in Myanmar to expand its revenue channels. It expects revenues for 2014 to reach Bt4bn supported by Bt700mn from a job for TRUE, plus backlog of Bt800mn. It is waiting to see if it will win a job to set up 1,500 poles for DTAC – results are to […]
Read More →Notable Transactions Buy(s) – THB 121 mn PS – K. Thongma keeps buying his shares TMT – Management has bought up close to THB 50 mn worth of shares Sell(s) – THB 11 mn n/a
Read More →What happened: Chu kai Plc (ticker: CRANE) announced on the 14th January 2014 a sale of land worth THB 500 mn. CRANE itself is leasing cranes that can be used in many industries such as construction, import and export, refinery plants, power plants, and petrochemical plants. Most cranes of The Company are good used cranes […]
Read More →On the 13th January, MC Group (ticker: MC)Â announced two new major shareholders, both are well known long-term investment group, Lombard through its investment vehicle, Mindo Asia Investment Ltd and NTAsian Discovery Fund. So what? Well both groups are run by smart fellows, Lombard is well-known within Thailand for its holdings in Ticon, CPN, AS, SAT, […]
Read More →This happened 2 weeks ago as well as a few other deals that I’m just getting around to writing about, the details are as follows: Siam Commercial Bank (SCB) sold a 60.9% stake of Siam Commercial Samaggi Insurance (SCSMG) The value of the transaction is USD 185 mn at THB 27.60/share and SCB is expected […]
Read More →While we applaud the fact that the SEC does take action against insider trading, but 7 years later? Really? And only a fine of THB 27 mn despite the fact this is an egregious action against public investors. Anyways at least we know this is another company to put on the blacklist for investing in […]
Read More →Thailand EC head offers solution on FB — The head of the EC wrote on his Facebook account that there might be a solution to the current rice scheme problems, but the solution will have to wait until at least the 21st of this month before any action can take place. Rice farmers are angry […]
Read More →