Market research on Thai Stocks in the SET Index
AP AP expects to transfer Bt5.3bn in 1Q15. The company has Bt25bn backlog and will realize Bt23.8bn as revenue this year, resulting in 10% revenue growth this year. The company plans to open 24 new projects with total value of Bt36bn. (Kao Hoon, 11/03/15) AS AS expects earnings turnaround this year after business restructuring. It […]
Read More →ASP ASP says it has at least 32 IB deals. 18 are IPO deals and 14 are M&A. This will secure a good revenue stream for the next two years. The firm expects 15% revenue growth this year. (Kao Hoon, 10/03/15). Comment: Still the best complete IB house in Thailand today. MTLS MTLS sets the […]
Read More →BA BA looks for good 2015, supported by better tourism industry. It expects passenger number to grow by 6mn from 4.79mn last year. It will expand fleet, adding four new ATR72-600s. In 2018, it will have 43 planes versus 27 planes at end 2014. This will support passenger growth in line with the turnaround of […]
Read More →Notable Transactions Buy(s) THB 216 mn SIRI – Is SIRI coming back to life? CPF – A first major buy in CPF by a director for a number of years. RS – He’s still buying Sell(s) THB 1,022 mn ABC – The CEO sold/transferred ~7% all of shares at a price thats 25% below market […]
Read More →AJD AJD’s board calls off par split. It hopes to maintain shareholders’ benefit according to good governance practice. Also, shareholders were objecting. The SET had requested AJD to clarify the two par splits in a year, only four months apart. (Thun Hoon, 06/03/15) Comment: More like they were getting slapped on the wrist for wanting […]
Read More →Hot off the presses: The FTSE Global Equity Index Semi-Annual Review which will take place as of the close of Mar 20, 2015. BAY will be removed from FTSE All-World and FTSE Large-Cap and TRUE is upped to Large Cap from Mid Cap. FTSE Large Cap: Add: TRUE Delete: BAY FTSE Mid Cap: No addition […]
Read More →BMCL Blue Line negotiations, not bids – The cabinet has given the green light to the Mass Rapid Transit Authority of Thailand (MRTA) to negotiate with BMCL with regards to operating the Blue Line extension. In addition, the Transport Minister is ready to bring back the Joint-Venture 2013 law between state enterprises and private operators. […]
Read More →AJD SET urged AJD to clarify its frequent par splits, twice in four months, within Mar 5 with details. The regulator is in doubt of the company’s corporate governance. (Kao Hoon, 03/03/15) Comment: This is a positive move by the SEC, its good to see regulators actually be active. BIG BIG will resume its trading […]
Read More →Notable Transactions Buy(s) THB 7 bn BTS – A trade between father and son RS – Despite the company selling treasury shares the owner still continues to buy NBC – Involved in both NMG and NBC IFEC – A share swap between tnhe two major shareholders SYNTEC – This “smaller” construction co has been able […]
Read More →AJD AJD announced a par reduction to Bt0.01 from Bt0.10 to enhance the stock’s liquidity. It plans to list subsidiary, Happy Vision on mai next year. It targets doubling revenue this year after entering the entertainment business and expects to sell 4mn set-top boxes this year. (KrungthepThurakij, 2/3/15) Comment: Stock split! ANAN ANAN to go […]
Read More →