Market research on Thai Stocks in the SET Index
AAV AAV reported strong ticket presales for 3Q17. The company is increasing its flight routes to boost sales. It expects to add four more routes in 2H17 which will push up passenger numbers to over 19.5mn and support 16% revenue growth YoY. (Thun Hoon, 20/6/17) ADVANC ADVANC will sign 2100 MHz with TOT this year […]
Read More →AOT AOT is confident it will have revenue growth of 8%, driven by more flights and tourist arrivals. It targets tourist arrivals of 180mn within 10 years. (Khao Hoon, 19/6/17) Comment: And this will mainly be driven by China BTS BTS with STEC and RATCH will sign the contracts for the Pink and Yellow lines […]
Read More →BCPG BCPG expects 2Q17 to be stronger QoQ backed by contribution from the new power plant. The company targets 25% revenue growth from Bt3.38bn in 2016. It will bid for more PPA in the new lot of government waste power plant bids. It expects 30-40 MW. (Thun Hoon, 16/6/17) BEAUTY BEAUTY is targeting small sized […]
Read More →FTSE rebalancing: rebalancing will happen during the close of today. These are the changes… FTSE Large-Cap = No changes. FTSE Mid-Cap = Add: EA, BPP, TPIPP, KSL, VNT, WHAUP // No deletions FTSE Small-Cap = Add: ORI, CMR, SQ, LANNA, TNR, FN, GLANDRT, UTP, MACO, CTW, TKS // Delete: VNT (move to mid-cap), CRANE (move […]
Read More →AGE AGE expects 2Q17 to be strong from robust coal demand both domestic and overseas. The company has more than 300K tons of orders. Its strategy is to diversify risk and put more emphasis on sea logistics with eight coal transport ships in its current arsenal. (Thun Hoon, 15/6/17) ANAN ANAN expects 2Q17 revenue to […]
Read More →ACAP ACAP has been rated “BB†by TRIS, signaling stable growth and a strong balance sheet. (Thun Hoon , 14/6/17) EA EA will book contribution from two wind farms worth 45 MW with the third wind farm to start up soon and push total capacity to 404 WM in 2017. This will support performance to […]
Read More →AGE AGE will submit its investment plan to the board for approval in August. It plans to invest over Bt100mn. Management is finalizing plans for 3Q17 and expects 2H17 to be strong as orders from China and Vietnam will support 3mn sales volume (25-30% growth). (Thun Hoon, 13/6/17) AMATA AMATA is in talks with Chinese […]
Read More →BEAUTY BEAUTY expects 2Q17 performance to improve QoQ and for profit in 2017 to grow 20% YoY from new branch openings. SEC announced that KASSET reduced its ownership by 0.33% to 4.72%. (Kao Hoon, 12/6/17) CHO CHO will sign with BMTA for its e-Ticket bidding project worth Bt1.67bn. The first 800 buses will roll out […]
Read More →Notable Transactions Buy(s) THBÂ 573.4mn BDMS – The daughter (?) has decided to take turns with her father in placing the bid under BDMS’s share price NPP – The MD buys a decent stake in this company that seems to be on an upward trend Sell(s) THB 51.2 mn N/a
Read More →AH AH to invest Bt3.5bn in a JV with Sakthi, a major player in auto parts manufacturing. (Thun Hoon, 9/6/17) Comment: A rather strange JV and I’m not entirely convinced by it AIT AIT is to sign a new contract worth Bt594mn in the next 1-2 months. The company is also anticipating other biddings worth […]
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