Market research on Thai Stocks in the SET Index
BRR Ready for IPO — BRR is ready to sell 169mn shares in an IPO. It is expected to finalize the offering price on October 27, 2014. It plans to be listed on the SET on November 6. The company plans to use the proceeds to increase its cane crushing capacity and as working capital. […]
Read More →ADVANC ADVANC to launch fixed broadband service early next year. It targets 300,000 customers in the first phase and expects to invest Bt4.6bn. It also said that over the past two years it has invested Bt80bn in its 3G network and it expects to reach 20,000 3G base stations by the end of this year, […]
Read More →Notable Transaction Buy(s) THB 41 SAMART – The President buys another THB 30 mn worth of shares, rumours have it that the stock price will go to 40..if you want to believe that. Sell(s) N/A
Read More →A couple of things to note: The major banks are still performing ok, mainly on cost management and lower provisions 9M YoY performance is average to say the least with the sector only up +5.7% Autoloan related fincos, Tisco and KK, are still suffering, though this may very well be the end of the high […]
Read More →GLAND came out with a massive announcement, The Super Tower, a building that will be the tallest building in ASEAN. Details for the project are as follows: AÂ height of 615 metres and 125 storeys, will stand at the Ratchadaphisek-Rama IX intersection. The structure will have a total area of 320,000 sq m and cost […]
Read More →ACD ACD restructures subsidiary Boost Plus by selecting a new management and business strategy to meet client needs in this digital age. The company will enter event organizing, IT consulting and E-commerce. It is confident that the new businesses will generate revenue in the future and expects revenue of Bt45mn in 2015. (Kao Hoon, 17/10/14) […]
Read More →AOT Board to discuss 2nd phase investment of Suvarnabhumi airport today after Minister of Transport Prajin approved a multi-function terminal at a cost of Bt70bn instead of east building expansion. (Kao Hoon, 16/10/14) BA Investors interested in IPO — Its solid fundamentals have created interest in investors in subscribing to the IPO shares of Bangkok […]
Read More →AOT AoT: Politicians need not apply for top job – Airports of Thailand Plc (AoT) began the process of seeking a new chief executive yesterday with the new prerequisites barring applicants with political affiliations. (Bangkok Post, 14/10/14) Comment: Well thats a positive first step BANPU BANPU studying coal power plant expansion through a second unit […]
Read More →CPALL CPALL expects 8,100 7-Eleven branches in 2014from currently 7,900. It expects the Thai economy to continue to grow. The company is preparing to launch a large campaign in December. (Kao Hoon, 13/10/14) EASON EASON to focus on foreign markets by setting up factories in Vietnam and Indonesia and a trading company in Malaysia. The […]
Read More →Notable Transactions Buy(s) THB 141 mn SAM – A share swap between two directors SYNTEC – They expect for earnings to grow strongly this year because of the extra income that will push earnings to more than THB 300mn from last years THB 80 mn Sell(s) THB 221 mn SAM – See above TFD – […]
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