ThaiCapitalist research
EFORL EFORL reported 1Q14 net profit of Bt46mn with revenue of Bt203mn, up from last year, supported by import business and continual growth in sales of medical supplies and equipment. It says revenues this year will reach its target of Bt1.5-2.0bn. (Khao Hoon, 09/05/14) GUNKUL GUNKUL expects revenue to grow by 50% YoY and net […]
Read More →ADVANC AIS says 3G network covers 95% – Advanced Info Service (AIS), the country’s largest mobile operator, says it completed nationwide deployment of its third-generation (3G) network two years ahead of the deadline set by the national regulator. Average revenue per 3G user is 20-30% higher than a 2G customer. AIS expects 75% of its […]
Read More →So as you all know she’s out…and what has really changed? Oh yes there are 9 other cabinet members that are out too so there are still 25 cabinet members remaining who have just appointed deputy PM & commerce minister Niwattumrong Boonsonpaisarn to become the acting PM. Guess what? He’s an ex-executive of Shin Corp, […]
Read More →Right before going to sleep I receive a phone a call that part of Siam Commercial Bank was hit with grenades (see below) and other parts of Bangkok are experiencing bombings too…oh amazing thailand….
Read More →From the Bangkok Post: The sub-committee is empowered and authorised to consider and approve large-scale investment projects worth from 200 million baht to 750 million. It is also tasked with screening and proposing projects with values in excess of 750 million baht for the main board’s consideration and approval. So with the BOI reporting 291 […]
Read More →ADVANC ADVANC reports 1Q14 net profit of Bt9.48bn, -4.5% QoQ, because revenue decreased while amortization expense increased. It has now 26mn 3G subscribers. (Khao Hoon, 07/05/14) AOT Minimal impact from earthquake at Chiang Rai Airport — AOT says there was little damage to the Chiang Rai airport from the earthquake and operations are normal. The […]
Read More →ADVANC AIS vows to ‘fight to the end’ to maintain pole position – Advanced Info Service (ADVANC) is pinning its hope on this year’s scheduled spectrum auction of four licenses to provide fourth generation mobile broadband service under a do-or-die strategy to maintain its leadership in the hyper-competitive market over the past two decades. (Bangkok […]
Read More →The only thing on people’s minds are now how the Election Commission will progress during this time and how the court cases against Yingluck will unfold, we all know 1Q14 earnings will be awful for domestic related companies and most likely the same for 2Q14 as well.Â
Read More →Notable Transactions Buy(s) THB 34 mn P-FCB – Members of the board have bought back over THB 20 mn – at least they have only done this after the company announced a share buyback program for 10% of outstanding shares Sell(s) THB 109 mn SALEE – The chairman sells off THB 87mn worth of shares
Read More →Jeremy Grantham’s latest quarterly letter is out and this time he’s going through the statistical possibilities of how much further equity markets have to run, as always its a must-read. Enjoy! The bull market may come to an end any time, indeed as I write it may already have happened. It could be derailed by […]
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