ThaiCapitalist research
The market rallied up some 9.5% mainly driven by the usual suspects, prop, tech and banks, in the past month to eek out the year’s return @ +1.8%. So the noise regarding the tapering has passed, and its unlikely to come back until 1Q14 we think, Europe has been quiet as well, so all we […]
Read More →Notable Transactions Buy(s) THB 1 bn POST – The Chairman and Director both buy THB 41 mn shares TFD – A huge buy by the Exec Chairman @ THB 834 mn done via a combination of shares and warrants. Pre this he held 24% of the co, this should bump him up to 32% (excl […]
Read More →GFPT Earnings to be best in 3Q — GFPT says that 3Q13 earnings will be the year’s best, with 2H13 beating out 1H13. It expects profit to 10% YoY to Bt16Bn. (Khao Hoon, 30/09/13) Comment: Commented here before, wonderful co, and went through the oversupply situation in the past 1.5 years without issues. BBL Admits […]
Read More →Finally back in Bangkok after two weeks in Europe, one of which was is in Moscow. A fabulous country, a fabulous city, its a properly developed city with wonderful architecture, a history second to none, a culture that is incredibly unique, a metro that is better, cleaner and safer than what I’ve seen in NYC […]
Read More →Major Cineplex Group Plc (MAJOR) is Thailand’s leading entertainment lifestyle company, with core businesses in cinemas, bowling, skating rinks, retail space, film distribution and media advertising. Chairman Vicha Poolvaraluck discusses the company’s strategy and outlook. Plenty of room for growth, says Mr Vicha. Why is Major defined as a lifestyle company and not a cinema […]
Read More →Thailand BoT will regulate gold trading to curb speculation – The Bank of Thailand is looking to regulate gold trading, as it suspects gold imports have been used to speculate on exchange rates. The central bank also wants to protect retail investors who buy gold-linked financial papers. (Bangkok Post, 22/09/13) Ministry plans 16 measures to […]
Read More →CHG Lots of cash, plans to buy hospitals — CHG currently has over Bt390mn cash in hand and plans to acquire 1-2 new hospitals. Its revenue and profit are expected to grow at 20%. (Khao Hoon, 26/09/13) Comment: Still curious about the management share sales, which have been substantial, first thoughts go to BGH buying […]
Read More →ADVANC AIS moves to become leader in mobile payments – Advanced Info Service (AIS) will launch a new mobile-wallet service for online shopping. Already the largest mobile operator, the move is aimed at becoming the leader in mobile payments. The virtual credit card payment service, which AIS claims is the first in Thailand, lets online […]
Read More →CHO Dividend this year — CHO is confident that it will be able to wipe out its accumulated losses in 3Q13 and start paying dividends this year, back to its dividend policy of no less than 40% of net profit. It expects 2013 revenues to achieve its targeted growth of 20%. It is waiting for […]
Read More →Notable Transactions Buy(s) THB 388 mn GRAMMY – The owner buys a whopping THB 332 mn worth of his own shares KMC – This seems to be a turnaround property story, recapped sometime last year and/or this year, and the Chairman has bought some THB 21.6 mn Sell(s) THB 121 mn CHG – There’s been […]
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