Market research on Thai Stocks in the SET Index
AGE AGE expects 1H15 to turn around on the effect of its cost controls. It has set its target coal sales volume at 3.45mt, which could boost revenue to Bt7bn. The company expects 1Q15 sales volume to be flat YoY. Its biomass power plant is scheduled to commence operations in late 2015. (Thun Hoon, 31/03/15) […]
Read More →Notable Transactions Buy(s) THB 169 mn SYNTEC – Management continues to buy stake in this construction co, the stockprice is not a dreamers level based upon the infrastructure spending, but seems fairly valued based upon the current projects that it has on hand Sell(s) THB 187 mn BGH – The owner sells off a rather […]
Read More →ANAN ANAN expects real estate revenue to reach Bt10.5bn this year backed by large backlog of Bt35bn. It will launch 12 projects worth Bt31.5bn. Its presales were impressive at Bt7.5bn in 1Q15. (Kao Hoon, 27/3/15) Comment: Again the question for ANAN is how much can operating margins improve. Should they match industry average then the […]
Read More →AOT APPS moving forward – AOT’s board has approved the hiring of 2S Consortium to operate the Advance Passenger Processing System (APPS), an online passenger-information exchange system, to improve customs and immigration services and shorten entry time at airports. The consortium consists of Somapa Information Technology and Samart Comtech. AOT will charge Bt35/passenger and expects […]
Read More →NCL sees regional potential for full-service model NCL International Logistics Plc, which listed on the Market for Alternative Investment last November, is a logistics solutions provider to industries ranging from petrochemicals and industrial goods to agriculture. Chief executive Kitti Phuathavornskul discusses the company’s strategy and outlook. What is NCL’s business model? NCL is a logistics […]
Read More →APCO APCO will expand marketing channel via APCO Digital Marketing, starting in April. The firm also expects Bt1.6bn in revenue with profit growing six-fold in 2015. The firm expects to move to the main board in 2016. (Kao Hoon, 25/03/15) IEC PPA needs to be completed before IEC will invest in a bio power plant […]
Read More →ADVANC ADVANC ready to bid for any license and on any spectrum available. The firm says the increase in small cells means its network capacity can serve up to 50mn subscribers. Currently, ADVANC has about 44.3mn subs. The firm has launched a new service so called “Beat Banking†to drive data growth this year. (Kao […]
Read More →Notable Transactions Buy(s) THB 156 mn CPF – The first real director purchase in CPF that I’ve noticed in a long long time. Sell(s) THB 1.2 bn TUF – To see the founder sell off such a huge portion is worrisome. Yes they can argue all they want that its for liquidity blah blah blah. […]
Read More →ANAN ANAN says 1Q15 will be good, backed by large backlog. It will spend Bt4bn for land acquisition and double new launches to Bt31.5bn. It plans to grow backlog to grow revenue over the next five years. It believes the property and building tax will raise developers’ cost. (Thun Hoon, 23 Mar 15) Comment: And […]
Read More →AAV China gives 85% load factor in 1Q15 – AAV reports that higher traffic from China remained the key driver to bring load factor to 85% in 1Q15. Management expects tourist sentiment towards traveling to Thailand to continue to improve over the remainder of the year despite the ongoing martial law. The Tourism Authority of […]
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