Market research on Thai Stocks in the SET Index
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 […]
Read More →First a slap in the face: After trying their damnest to keep their stock price up during the past 6 months with its share repurchase program, they have just announced they will sell some 142 mn shares into the market Tries to kiss & make up Ah but this was followed by an announcement to […]
Read More →ARROW ARROW expects strong 1Q15 earnings backed by rising revenue. It expects 20% revenue growth this year and has a chance to get one of the Red Line contracts value at Bt40mn. (Kao Hoon, 19/03/15) CPALL Subsidiary CP Retail Link Co., Ltd. expects 2015 revenue of Bt3.4bn or 15% YoY growth from last year and […]
Read More →BANPU BANPU plans to invest in renewable power plant in China, solar and wind, after the government revealed its incentive plan. In addition, the company will invest in a power plant in Indonesia with a partner to be announced soon. These investments will boost its revenue and profit in the longer term. (Thun Hoon, 17/03/15) […]
Read More →AH AH expects revenue to grow at least 10% this year. It will invest Bt400mn to upgrade its machinery. It is now discussing with business expansion with a potential partner. (Kao Hoon, 16/3/15) Comment: It has been the worst performing auto manufacturing stock in the past 10 years in Thailand AQ AQ will expand more […]
Read More →Notable Transactions Buy(s) THB 237 mn AJD – He sold the warrants to buy his shares TSR – Seems like the CEO bought this stake off another shareholder (~3%) NMG – And the VP still continues to buy buy buy Sell(s) THB 2,629 mn TUF – A massive block sale by the family – question, […]
Read More →BJCHI BJCHI targets more projects to lift gross margin above 30%. It expects 15% p.a. revenue growth over the next three years. In 2015, it expects to receive 5-6 projects with value of Bt10bn from clients in Australia and Latin America and aims to diversify its client base more to the Americas. (Krungtep Turakij, 13/03/15) […]
Read More →Group Lease ready to roll regionally GL started as a motorcycle financing business and by 2010 had become one of the top 10 in Thailand. Until 2011 we were focused purely on Thailand, where we have nearly 250 points of sale. But as a result of the floods in 2011, we accelerated our plans to […]
Read More →EARTH EARTH expects higher region coal price to lift 1Q15 profit above Bt3.8bn. Management remains confident that its sales volume will reach 10mt in 2015 due to higher demand. It plans to acquire more mines with reserves of 40mt, conclusion by 4Q15. (Thun Hoon, 12/03/15) Comment: The owners have been pledging their shares for a […]
Read More →