ThaiCapitalist research
ADVANC ADVANC sets 3G capex at Bt2bn — ADVANC has budgeted capex at Bt2bn to improve its 3G service and expects to draw 1–2mn new customers. Experts expect the telco industry in Thailand to grow 7% from the growth in voice and data are. (Tun Hoon, 5/02/13) Comment: Telco sector has been losing its shine […]
Read More →BMCL BMCL discussing with MTRA over OTM contract for Purple Line — BMCL will be negotiating with the government on OTM contract for the Purple Line, Bangsue–Taling Chan. If negotiations fail, the MRTA will manage the project itself. BMCL expects the number of passengers on its current lines to grow 17% from last year. (Tun […]
Read More →BCP Expanding to 700 stations in three years — BCP plans to expand its petrol stations to 700 stations in three years. It will invest Bt2.5bn to open 70 Green stations, large-scale petrol stations. (Khao Hoon, 01/02/13) Comment: The real story for BCP is its capacity addition over this 12 month period DNA Expects 2013 […]
Read More →AP AP aiming at 15% YoY growth in revenues — AP aims for revenue growth of Bt20-21bn, a 15% increase from last year’s Bt17bn. It targets sales of Bt23-25bn, a 15-20% increase from last year, which will help raise its current backlog of more than Bt27bn. The company expects to launch 23 projects, worth Bt24bn […]
Read More →AMANAH-  AMANAH to expand its hire-purchase business — The company expects 2013 hire-purchase business will reach Bt5 bn, growing 15%YoY. AMANAH partnered with IBANK to capture Islamic customers. (Tun Hoon, 30/01/13) Comment: Another financing co trying to ride the industry trend. CPN – CPN plans Bt10 bn ‘super mall’ — Central Pattana Plc (CPN), the […]
Read More →DCC – 4Q12 sales growth 13% YoY — DCC said 4Q12 sales grew 13%YoY, pushing its 2012 sales to Bt7.6bn. It targets 2013 sales growth of 10% YoY backed by a 10% increase in selling price. DCC as set capex at Bt350mn for store expansion and maintenance of its factory lines. (Khao Hoon, 29/01/13) Comment: […]
Read More →Notable transactions Buy(s): AH – Lagger in the auto sector BLAND – K. Ananttttttttttttttttttttttttt! Sell(s): BTS – Warrant’s sold off by the owner, we still think the stock has legs to run though. Ticon -Â Ticon’s stock price rallied up a fair bit last week on the back of news that 2012 would be its […]
Read More →BCP – Bangchak aims to expand at home, overseas for stable growth — Beyond its existing businesses including refineries, petrol stations, convenience stores and supplementary businesses at its service stations, the company will focus more on alternative-energy production, especially electricity produced by solar cells, said president Vichien Usanachote. Bangchak has opened its first petrol station […]
Read More →Positive(s): US – In the week ending Jan.19, the number of applications for U.S. unemployment benefits in seasonally adjusted initial claims was 330,000, the lowest level since January 2008, the Labor Department said Thursday. The four-week moving average, a better indication of the underlying trend in labor markets, was 351,750, down from the previous week’s […]
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