Market research on Thai Stocks in the SET Index
BANPU BANPU plans to invest in power plant at home and abroad due to a downtrend in mining. 2015 revenue is expected to be equal to 2014’s thanks to cost control. It expects to list a subsidiary on the SET by the end of 2015. (Thun Hoon, 22/06/15) Comment: BANPU’s stock price has followed that […]
Read More →Notable Transactions Buy(s) THB 117 mn BA – And the owner continues to buy more and more shares back in BA Sell(s) THB 2 bn MK – The founding family has sold off its shares in MK to a new group, it’s a deal that has been sitting on Ibankers tables for the past 1.5 […]
Read More →CNT has a reputable history, having built many of Thailand’s landmarks including Democracy Monument, Klong Toey Port and the Rama VI Bridge among others. In 1991, CNT became the first construction company to list on the Stock Exchange of Thailand. Christiani & Nielsen (Thai) Plc (CNT) has been a leading construction company in Thailand for […]
Read More →ACD ACD plans to acquire three hotels in Phuket worth Bt10bn, expecting to finalize the deals within this year. It also plans to acquire businesses in Laos and Cambodia. It expects to achieve revenue above Bt1bn this year. (Thun Hoon, 19/6/15) BBL BBL sold 484mn shares of IRPC at Bt4.06/share to foreign funds. (Khao Hoon, […]
Read More →Given I was overseas 2 weeks ago, here’s a full compilation of all the stock related news during the week of 07/06 – 15/06 sans comments as it is just too much to catch up on. BKD BKD plans to bid for a Bt3bn project, expecting to win 50%. It expects 45% revenue growth this […]
Read More →ABICO ABICO expects 2Q15 profit to be good, benefitting from increasing in international customer base. It says 68% capacity is enough for handling the new orders. It does not have any investment plan. (Thun Hoon, 18/06/15) Comment: An interesting holdco with a stake in MALEE, now the question is how do value a cow? (they […]
Read More →BWG Investors from Qatar are interested in BWG shares due in recognition of its strong fundamentals from waste power plant. Management says 2H15 performance will be good. It expects 2015 revenue of Bt1.5bn. It expects to book revenue from 9.4MW waste power plant next year. (Thun Hoon, 17/06/15) Comment: How did this strange company all […]
Read More →There’ll be the usual annual rebalancing in the SET Indices names this week, the official changes are: SET50 Additions: BA, BMCL, CBG, ITD, SAWAD, TPIPL, WHA, THCOM Deletions: BAY, BIGC, BJC, HEMRAJ, KTIS, SCCC, SPALI, VGI SET 100 Additions: ASP, BA, BEAUTY, CBG, CKP, LHBANK, MONO, RS, S, SAPPE, U, UNIQ, WHA Deletions: BAY, BCH, BIGC, BJC, IFEC, […]
Read More →AP AP expects to achieve 1H15 sales target of Bt14.2bn. It plans to launch six new projects and fifteen old projects near BTS. It will hold an event, “AP Space Connectâ€, to raise sales from Bt7.81bn. (Khao Hoon, 16/06/15) Comment: It’s partnership with the Japanese are bearing fruit in terms of sales and an improvement […]
Read More →Notable Transactions Buy(s) THB 717 mn PF – The CEO buys a huge value, must’ve been an off the market transaction BA – And the owner still continues to buy back shares, again a huge value of THB 154 mn MINT – Heinecke obviously thinks the shares and warrants are a decent buy at these […]
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