Market research on Thai Stocks in the SET Index
Notable Transactions Buy(s) Â THB 588 mn RS – And he keeps buying and buying and buying MTI – The 4th largest shareholder and family member has decided to buy more shares doubling his stake to 4.9% in the company. AJ – Looks like a share swap between the shareholders COL – The founder/CEO has decided […]
Read More →In the past week you’ve seen ADVANC drop into the 210’s only to rebound back to 230’s levels – why? Well its the usual noise between a government and a private operator where concessions are in play, its standard for any emerging country to have these issues. So what were the headlines that drove the […]
Read More →Union Auction Plc (AUCT), which listed on the Market for Alternative Investment (MAI) in August 2013, is Thailand’s largest automotive vehicle auction company, with coverage throughout the country. Deputy managing director Varunyoo Sila discusses the company’s strategy and outlook. Please explain Union Auction’s history. We began in August 1991 under the management of Thepthai Sila. […]
Read More →BWG BWG has strong fundamentals, high retained earnings and no debt with D/E at 0.62X. It expects profit growth of over 30% in 2015 supported by expanding its customer base. The company expects profit of 35-40% in 2016 due to more customers from BOI and booking sales from 9.4MW power plant. (Than Hoon, 9/10/15) CI […]
Read More →BLA BLA’s long-term outlook is bright as the firm is changing business strategy to sell more highvalue products like collectors’ insurance, which will boost gross profit in the future. Insurance premiums in the month of July also showed positive signs, up 173% from the previous month. (Than Hoon, 08/10/15) DCC DCC expects record profit in […]
Read More →AP AP reports presales of Bt22.3bn for 9M15 (28% growth from last year). It plans to launch five new projects valued at Bt5.33bn in 4Q15. (Khao Hoon, 07/10/15) BMCL Cabinet has approved using the Joint Venture 2013 ACT, which allows MRTA to look for a operator for the extension Blue Line by direct negotiations. BMCL […]
Read More →BCP BCP expects earnings to be better than peers after it sold a futures contract for high quality fuel oil in 2Q15. This minimizes the impact from weakening refinery margin. It expects its solar farm to contribute Bt700mn net profit/quarter. (Thun Hoon, 06/10/15) Comment: The combination of a high margins and the expansion into renewables […]
Read More →ASIMAR ASIMAR expects to bid for a Bt1bn ship building contract. It plans to increase capacity by set up a third floating dock. It expects 3Q15 earnings to be good aided by transfers. (Thun Hoon, 05/10/15) BMCL BMCL expects growth in 3Q15 earnings backed by increasing passengers. It expects 300,000 passengers/day. It expects to show […]
Read More →A few things worth noting here RS, AUCT, BA and MCS are continuously purchasing shares at certain levels MALEE – first time in …. 3 years that there has been some movement in shares Buy(s) – THB 3.4 bn Sell(s) – THB 7.8 bn
Read More →AP AP has achieved presales of Bt23bn for the first nine months. It targets 2015 presales of Bt28bn. It has signed a JV agreement with a Japanese partner to invest in a Bt2.6bn condominium at Ekkamai. (Khao Hoon, 02/10/15) DTC DTC subsidiary buys 1.925mn shares of DMS Property Investment Private Limited, for Bt88.625mn or a […]
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