Market research on Thai Stocks in the SET Index
AP AP expects 2H15 backlog of Bt14.47bn, of which Bt8.47bn is expected to be booked this year. It expects 2015 revenue of Bt25.3bn as it has achieved Bt20.9mn. (Khao  Hoon, 22/09/15) BRR BRR plans to issue a Bt2bn 2-year debenture. It expects to use the cash from this to increase capacity to 23,000 tons/day. (Khao […]
Read More →Not to fan the flames any further, but SSI has just been halted from trading by the SET. Official reason? “The company has requested SET to temporarily suspend trading its securities because the firm is in the process of disclosing significant information.” Unofficial reason? They’re bankrupt! Reality – A restructuring of debt, the UK facility […]
Read More →AKR AKR is looking for prospective partner to invest in solar power. It plans to ask for a 20MW PPA this year. It expects 2015 revenue to be lower than 2014’s as construction of a solar farm has been delayed. It expects 2016 revenue of Bt3.2bn (+60%). (Thun Hoon, 21/09/15) Comment: AKR has been a […]
Read More →Notable transactions Buy(s) THB 303mn EARTH – Rather odd trading activities yet again by this company. BDMS- Perhaps he has nothing else to do with his funds other than constantly repurchasing shares in BDMS and BA – then again isn’t this a +ve? Sell(s) THB 542 AMATA – Quite the huge block sale by the […]
Read More →4G!!! From a green light to a red light to back to a green light. News has announced that the NBTC will go ahead with the auction of the 2 telecom licenses on the 900-MhW and that it has been approved by the board, thus 15 Dec looks like a go. AIS being sued by […]
Read More →CHG CHG expects 3Q15 earnings to mark a record high on the back of seasonality. It expects 2015 revenue growth to achieve its target of 15%. (Thun Hoon, 18/09/15) Comment: Still don’t quite understand why this specific stock has suddenly re-rated. BH is trading @ 50x, this one at 42x trailing pe, it does just […]
Read More →BJC BJC expects 2015 performance to be better than 2014 aided by new products and increasing domestic purchasing power. It is talking to a prospective partner to invest in Vietnam and expects talks to be finalized soon. (Thun Hoon, 17/09/15) CHOW CHOW is doing a test run of its 3.5MW power plant which it expects […]
Read More →AOT AOT expects 2015 net profit of Bt15bn (+22%) backed by growth in low cost airlines and increase of 10mn passengers. (Khao Hoon, 16/09/18) Comment: And the most expensive airline stock in the world continues growing & growing, what capacity issue? BDMS BDMS expects 2H15 earnings to be good on seasonality and more patients from […]
Read More →AJD AJD expanding business to online top up machines. It has a three-month target to sell 20,000 machines with sale of 70,000 machines next year. The setup of a JV with YTO Express at Alibaba will finish this month. (Kao Hoon, 15/9/15) Comment: So they’ll try and compete with FSMART, quite curious to see if […]
Read More →BMCL BMCL expects to get a 25-year concession to operate MRT Blue Line, valued at Bt25bn. It has been awarded the operations of the Tao Poon-Bang Sue segment. It expects the Purple Line to be fully operational in August, 2016. (Thun Hoon, 14/09/15) Comment: The line construction cost may be valued at that price, not […]
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