Market research on Thai Stocks in the SET Index
It’s all over the news and brokers research notes this AM about PTT mentioning the potential replacement of 7-11 stores by its own Jiffy stores over the coming years. Jiraporn Khaosawas, managing director of wholly owned PTT Retail Marketing Co (PTTRM), said PTT has several years to prepare before the 7-Eleven outlets are replaced. It […]
Read More →BKD BKD to progress on new business plan. It says it expects 2H17 performance to be outstanding due to high season. It plans to get a new project worth Bt5bn. (Thun Hoon, 23/8/17) CPALL Jiffy to replace 7-Eleven at PTT stations. PTT Plc, the national oil and gas conglomerate, plans to start replacing 7-Eleven stores […]
Read More →AOT AOT to send Don Muang commercial area bids to its board. It expects to begin booking revenue in December. (Khao Hoon, 22/8/17) BEM BEM to join the auction for the South Purple and Orange lines in hopes of raising passengers to 500,000/day in 2020. 1H17 revenue was Bt7.5bn with profit of Bt1.43bn from booking […]
Read More →CPN CPN revised up 2017 revenue growth target to 6% from 6-8% to reflect improved department store operations. It says it will sell a condominium project worth Bt2bn and open two new department stores. (Khao Hoon, 21/8/17) Comment: It does show that SSSG isn’t what it used to be for CPN EA EA says 3Q17 […]
Read More →Notable Transactions Buy(s) THB 112 mn BLAND – And he still continues to buy and buy, I don’t think he’s ever sold a share for the past 4-5 years Sell(s) THB 80 mn AMANAH – A leasing company that isn’t making money and whose acting MD just sold a sizeable stake of
Read More →ACAP ACAP posted 2Q17 earnings of Bt91mn with revenue of Bt190mn, growth of 239% YoY, driven by more demand for business expansion loans. (Thun Hoon, 18/8/17) Comment: Something positive has happened over at ACAP in the past 12 months, performance seems to be far better and the share price is reflecting that… BA BA signals […]
Read More →ADVANC ADVANC maintains 2017 revenue growth target of 4-5%. It plans to be a leader in data services in 2H17 by increasing 4G customers to reach 40-50% of its customer base of 40.5mn. It also plans to expand home internet. (Khao Hoon, 17/8/17) AOT AOT to pay rental to Treasury Department at 4% of ROA […]
Read More →DEMCO DEMCO plans to join auctions in 2H17. It currently has Bt4.045bn backlog and is going to book revenue from phase 1 of the sale of water in Laos. (Khao Hoon, 16/8/17) Comment: The 2 same questions remain for Demco, when will the foundations finally be finished and when will WEH finally IPO? Â EPG […]
Read More →BEAUTY BEAUTY posted 2Q17 earnings of Bt273mn, +97%YoY. This gave 1H17 earnings growth of 76.50%, reaching Bt472.84mn. It will pay a dividend of Bt0.15 per share. XD is August 23. It plans to expand both at home and abroad. (Khao Hoon, 15/8/17) Comment: I’ve always been wrong with this company, despite my best efforts (short […]
Read More →AAV AAV 2Q17 earnings collapsed to Bt170.6bn, -60%YoY due to higher oil prices and a reduction of turnkey revenue flights to China. (Khao Hoon, 11/8/17) BEM BEM posted 2Q17 earnings of Bt723mn, +43%YoY due to opening of Sirat expressway and purple line. 1H17 earnings posted earnings of Bt1.4bn, +18.1%YoY (Khao Hoon, 11/8/17) BIG BIG believes […]
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