Market research on Thai Stocks in the SET Index
Notable Transactions: Buy(s) THB 233mn BANPU – A director buys nearly THB 30 mn, is Banpu going to return to its former glory? BTS – Massive buy by the owner K. Keeree, to the tune of THB 148 mn  Sell(s) THB 1.15 bn AIT – The key issue I’ve had with AIT is since its […]
Read More →BECL BECL reports traffic cut by curfew. Its traffic volume contracted 2.5% in May and is expected to be negative in 2Q14. It expects traffic growth of 0.5% in 2014. (Khao Hoon, 10/06/14) Comment: This along with the “black market†businesses are all hurt by this curfew in Bangkok BJCHI BJCHI is waiting on results […]
Read More →AOT Directors resign en masse — Airports of Thailand Public Company Limited (AOT) reports that the following directors resigned from AOT Board of Directors and all other positions, effective June 6, 2014: 1. Squadron Leader Sita Divari 2. Police General Krisna Polananta 3. Police Lieutenant General Pharnu Kerdlarpphon and 4. Mr. Wattana Tiengkul. (SET, 09/06/14) […]
Read More →Charn Issara Development confident it can grow with Thailand Charn Issara Development Plc (CI), founded in December 1989, is in the core business of developing residential housing and condominiums, residential resorts for sale, office and retail space for rent, hotels and property management services for two property funds and related companies. Chief executive Songkran Issara […]
Read More →AQUA AQUA accesses warehouse business via 69% in TCDC worth Bt475mn. It aims to increase recurring income and will list it in stock market in the future. Its board has given permission to raise funds via private placement priced at Bt1 per share. (Khao Hoon, 04/06/14) Comment: Look at adding this name to your watchlist, […]
Read More →ADVANC AIS rolls out Future Cube for demos – Advanced Info Service Plc (AIS) has unveiled a demonstration centre for a virtual telecommunications experience to make deeper inroads into the future of mobile 3D application storefronts. (Bangkok Post, 03/06/14) BTS BTS ready to borrow Bt80bn and is prepared to operate trains on three lines: Green […]
Read More →AJD AJD maintains triple revenue growth in 2014. It is confident it will be in the black in 2Q14 with higher revenue supported by seasonality. It will book revenue from set top box sales in 3Q14 and is aiming to do a joint venture with a Chinese company to access the game market this quarter. […]
Read More →Notable Transactions Buy(s) THB 51 mn EVER – A director buys a sizeable THb 33mn in this smallish property developer? Whats going on here….not surprising to find that there’s a lot of volume in the stock already. Sell(s) THB 137 mn ACAP – The chairman sells off a huge stake @ the 52 week high..hmmmm […]
Read More →BAFS BAFS maintains revenue growth of 10% in 2014, even though it has reduced volume growth of refueling services to 4.5% YoY from 5% YoY after raising refueling services fee. It will invest in the fuel pipeline for Phase 2 of Suvarnabhumi and will conclude its investment plan in Myanmar and fuel pipeline project in […]
Read More →BGH Buys new hospital in Nakorn Pathom — BGH has announced the acquisition of Sanamchan Hospital, a 198-bed private hospital in Nakorn Pathom, plus its two hospitals. The investment cost is Bt3.66bnn (SET) Comment: And the growth machine for BGH continues, still think it can comfortably go to THB 20/share, just wait for the day […]
Read More →