ThaiCapitalist research
BTS First trading day for BTSGIF— The infrastructure fund begins trading today, April 19. Comment: well this was the easiest trade this year, I don’t expect that much more upside in the stock, unless they come out with a massive dividend. TRUE TrueVisions screens turn blank Friday morning — TrueVisions screens will turn blank on […]
Read More →KTB changes tack to focus on fees — State-owned Krungthai Bank (KTB) is focusing more on high-yielding retail banking and small and medium-sized enterprise (SME) loans in order to boost non-interest income, underscoring the fierce competition in these segments among big banks. Thailand’s second-largest lender by assets targets retail and SME loans of 60% of […]
Read More →Thailand Purple Line readies for 2016 debut pending cabinet OK — The long delayed Purple Line mass transit project ids expected to be operational by 2016 as the operating and maintenance contract is expected to be approved by the cabinet after Songkran, says BMCL. The construction of the 16-km route is halfway done, said BMCL […]
Read More →Sells > Buys; 5.6 bn vs 1.3bn Buys- AH, BANPU, BGH, BLAND, EPCO, GFM, JUTHA, KCE, PS, SIRI, TICON, TONHUA, TPIPL, TTA, TVI Sells – AMATA, BGH, BTS, GFM, KK, NWR, OFM, PPC, PS, SAMART, SCC, SIRI, TCC, TFI, TICON, TPIPL, TUF, VIBHA Note: All mentioned tickers have values of THB 20 mn in transactions […]
Read More →CPF unaffected by China flu — CPF said the spread of a new bird flu virus strain in China and Vietnam has not affected the company’s businesses there. CPF funs feed mills in China and in Vietnam it focuses on pig and shrimp farms, said president and CEO Adirek Sripratak on Tuesday. He also said […]
Read More →KBANK sells Bt8bn mortgages to free up funds — KBANK has sold mortgages worth Bt8bn to SME to free up funds for more lending and eliminate the need to raise capital. KBANK believes the asset sale will allow it to lend more to homebuyers at its current capital adequacy level and will also generate a […]
Read More →Notable Transactions Buy(s) AH – Founder continues to buy up more shares, this time THB 43 mn BGH – Same story THB 200 is coming GFM – Now this interesting a THB 70 mn purchase buy two directors, must’ve been off market as there usually is barely any liquidity here. POST – Major shareholder and […]
Read More →ADVANC AIS aims to run 3G service using TOT’s frequencies — ADVANC is moving ahead with pans to negotiate with concession owner TOT to run 3G mobile services on the state telecom enterprises three frequencies. The move came after the NBTC last week voted overwhelmingly in favor of the contentious 3G network contracts between TRUE […]
Read More →North Korea, Bird Flu, and local politics making noise pretending to be important all resulted in the market having a difficult week.
Read More →Thailand MPC edgy but maintains rate — The Monetary Policy Committee yesterday voiced stronger concern over the brisk trade in property and equities and the surge in bank credit but till kept its policy interest rate unchanged at 2.75%. With one member absent, the MPC voted 5:1 to hold the rate and vowed to keep […]
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