ThaiCapitalist research
ANAN Buys land for condo on Sukhumvit — ANAN acquires the land to develop a condominium in Sukumvit worth Bt825mn, using the funds from its IPO. The company expects to launch the first phase in 1Q13 with construction finished in 1Q14. (Tun Hoon, 19/12/12) Comment: They needed to IPO to raise capital and I’m not […]
Read More →DNA To trade on MAI next week — DNA will trade on MAI on 21st December 2012. Management said the company’s strength lies in its strong leadership in the home entertainment – movie and music – business. The company currently has 1,432 branches and aims to take number one market share by using the money […]
Read More →EASTW Looking at 20% YoY sales growth — EASTW is confident that its sales will increase 20%YoY from last year sales of Bt3.31bn due to the quantity sold and 10% price increase. The company will invest Bt4 bn to construct a water pipeline to Map Ta Phut Industrial Estate next year. (Khao Hoon, 17/12/12) Comment: […]
Read More →Market had one helluva week with banks, services and prop leading the way, year end rally remains intact with the constant local fund flow and continued news regarding infrastructure plays.
Read More →Notable transactions Buy(s) INOX – This huge transaction by the Mahagitsiri family in INOX is related its initial agreement in Sept ’11 where they had a right to exercise a call option Sell(s) MFEC – Interesting, the President decides to offload THB 18 mn worth of shares, as a quick side note: the IT industry […]
Read More →Source: Bangkok Post
Read More →In the paper yesterday there was more light shone upon the upcoming potential infrastructure funds in Thailand and they have listed a huge amount of businesses that take advantage of it… The SEC will allow two new types of businesses to raise funds through infrastructure funds: natural gas transport and oil pipelines, and information technology […]
Read More →BANPU May not make provisions for lawsuit — BANPU may not set provisions for lawsuit by Siva after the Laos government found that BANPU has the right to terminate the contract with Mr. Siva. Management expects this case to take years before a decision is made. (Khao Hoon, 14/12/12) BTS BTS plans US$1.5bn IPO for […]
Read More →JMART Plans on nearly 300 new outlets next year — JMART will invest Bt200mn in 2013 to open 280 new stores and expects 30% YoY growth in 2013 revenue as the 3G licenses will push demand for smart phones. (Tun Hoon, 12/12/12) Comment: Love the man love the business, he’s done a wondeful job growing […]
Read More →JAS To cut shares on issue — JAS will submit its capital decrease issue to the board tomorrow (12 Dec) via the repurchase of 106.85mn shares. This will increase its earnings per share by Bt0.30/share based on projected profits of Bt2 bn in 2012. JAS is also a candidate to be added to the SET50 […]
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