ThaiCapitalist research
Applications for Board of Investment (BoI) privileges in 2012 topped 1.46 trillion baht, the highest ever, Industry Minister Prasert Boonchaisuk said on Thursday. The number of projects rose from 2011 by 29.7%, while investment worth was up 131%. These investment projects would create an estimated 348,866 jobs, the minister said. Â Source: Bangkok Post Booyah! This […]
Read More →Want to know know why there has been massive volume in the market over the past week? Temasek Holdings Pte and its partners sold 20.9 billion baht ($687 million) of Shin Corp. (INTUCH) shares, paring its stake in the company that controls the biggest Thai mobile-phone operator. Singapore’s state-owned investment company and its partners in […]
Read More →EARTH 2012 revenue poised to hit Bt10bn —2012 revenue may reach Bt10bn and it is confident that 2013 will continue to show growth with revenue growth of 40-50% and a gross margin of up to 20%. The coal mine in Myanmar will begin operations in 1Q13. (Khao Hoon, 10/01/13) Comment: Remarkable turnaroud for this company […]
Read More →BBL BBL funds CTH with Bt4-bn loan deal, expects strong growth in lending demand from fast-developing sector — Bangkok Bank, which yesterday signed a Bt14bn loan agreement with Cable Thai Holding (CTH), is confident that lending demand from the cable- and satellite-television sector will now begin to flourish due to the development of broadband services. […]
Read More →Foreign investment fund flow led the markets higher with the property sector starting things off with a gangbuster move of 4% in the first week of trading. Going forward we have the MPC meeting, tha thai cabinet deciding upon the contracct signging for the Red Line project and a possibility of the ECB cutting rates. […]
Read More →Notable Transactions: Buy(s): THB 69 mn SIRI – Same story as for the past 6 months here VIBHA – There must be a story here as the same two individuals switched out of CMR into VIBHA Sell(s): THB 36 mn CMR – See above
Read More →AOT – Passenger numbers grow 12% in 2012 — AOT reports that the number of passengers in 2012 have grew 12% to 74mn, with the number of international passengers increasing to 46mn, pushing the number of flights to 490,000. (Khao Hoon, 07/01/13) Comment: Tourism tourism tourism, AOT always had been a cheap stock, if only […]
Read More →CPALL –  Targets 13% sales growth in 2013 — CPALL targets 13% sales growth for 2013 and plans to add 550 more branches to achieve a total of 7,300 branches by the end of this year. In addition, the company plans to open one more distribution center in Samut Sakhon province this year. (Khao Hoon, […]
Read More →A combination of LTF fund flow with continued positive news surrounding thai companies helped push the market to a strong finish for 2012. As evidenced the winners for the month were the Service sector and the Financials sector as both rebounded strongly. Going forward, valuations are still lofty for our liking but one still needs […]
Read More →AGE New coal mine ready to start up — AGE is ready to start operations of its coal mine in Tambon Nadee in Samutsakorn province and revenues are expected to be recognized immediately in the first quarter. The company is confident that revenues this year will reach Bt6bn from last year’s Bt4bn. (Khao Hoon, 03/01/13) […]
Read More →