Market research on Thai Stocks in the SET Index
AIRA AIRA setting up AIFUL JV in 2014 and has three acquisition deals coming up. It expects its brokerage business to generate higher net profit than 2013’s Bt90mn as trading volume has recovered. It maintains its 2014 market share target of 1.3-1.5% and expects asset of over Bt20bn in 2016. (Kao Hoon, 08/09/14) Comment: A […]
Read More →The stock market has been in buoyant mood with small IPO’s going through the roof on their first trading day and it’s getting to the point where the SET/SEC is now “trying” to warn investors about the small caps that are somehow going up 30%+ multiple days in a row and then crashing the following […]
Read More →AJP AJP partnering with “MIC Broadcast†to develop 8 satellite channels. AJP said that five of the channels are expected to go on air this year. This will help raise revenue and margins. Revenue is expected to start flowing in 4Q14. It said it is looking for more partnerships. (Kao Hoon, 04/11/14) APURE APURE gets […]
Read More →AGE AGE expects 2014 coal sales to hit target of 4mn tons, supported by strong demand from China. It expects revenue for the year to reach Bt7bn. Next year, it expects to start booking Bt60-70mn in revenue from its biomass power plant in Sukhothai. (Kao Hoon, 03/11/14) Comment: Nothing exciting happening here anymore. AKR Solar […]
Read More →ANAN ANAN expects 3Q14 earnings to be in the black from 3Q13 net loss of Bt96mn on booking revenue from a condo. The company is launching a new project worth Bt14.5bn, pushing backlog up from Bt17.5bn and generating revenue until 2016. It expects to reach its revenue target of Bt9bn as there is overwhelming demand. (Thun […]
Read More →ADVANC ADVANC building up 3G network. It will bring total stations to 20,000 in 2014 from the current 19,000. It plans to set up 3,000 small cells nationwide in 2014 from currently 300 to support data usage. (Kao Hoon, 01/09/14) AMATA Amata well positioned to tap into AEC potential – With the formation of the […]
Read More →Notable Transactions Buy(s) THB 60 mn RS – The CEO/MD/Chairman buys another THB 20 mn in RS SAMART – The President buys a big stake at THB 25 mn Sell(s) THB 142 mn AAV – A massive sell by the CEO, I’m guessing that it must be a block trade. tha
Read More →Since its debut in 2011, three companies — EDL Generation, Banque Pour Le Commerce Exterieur Lao and Lao World — have listed on the LSX.   Mr Dethphouvang projects the number of listed companies to increase from five in 2015 to 26 by 2020. Most of the potential firms are power-generating companies. Laos currently has […]
Read More →MK Restaurant Group Plc is a multibrand restaurant group with branches throughout Thailand and elsewhere in Asia. It listed on the Stock Exchange of Thailand in August 2013 and trades under the symbol M. Chief executive Rit Thirakomen discusses the company’s strategy and outlook. Rit Thirakomen says MK Restaurant will continue to expand at home […]
Read More →ABC ABC’s financial statement reported sharp decline in net profit in 2Q14 due to the slowdown in the property market. It expects the use sale of idle land to repay debt. It is assessing the electronic business and will do a road show with a partner. (ASTV Daily Manager, 29/08/14) AS AS expects improving earnings […]
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