Market research on Thai Stocks in the SET Index
First of all – who is THRE and what is their business? THRE is a professional reinsurer which offers reinsurance coverage in all major property and casualty business lines, with particular expertise in property, casualty, engineering, marine and life customers. Its customers are mostly local life and non-life insurers and a selected number of customers […]
Read More →FPI FPI aims to access trading market and increase capacity after completing its warehouse in 4Q14. It wants to increase marketing staff to support sales. It expects 2014 revenue of Bt1.9bn and 2015 revenue growth of 15%. (Khao Hoon, 02/07/14) JAS JAS repurchases shares for four days. The number of shares repurchased has hit10.7mn shares […]
Read More →Notable Transactions Buy(s) THB 219 mn AUCT – Strange transaction a match by the buyers/sellers on the market RS – This Sorat fellow has been constantly buying shares in RS for the past few years in order to become more prominent in RS TVO – A director buys a substantial stake in TVO, are margins […]
Read More →AOT AOT says 3QFY14 passenger traffic contracted 7% due to political problems and seasonality. Its MD expects performance to gradually recover in FY4Q14. It expects passenger traffic and revenue growth of 3%. The second phrase of Suvarnabhumi is waiting for NCPO decision. (Khao Hoon, 30/06/14) Comment: Having just flown back to Thailand last night, I […]
Read More →There have been a few corporate deals in the past 2 weeks, True, Property Perfect and WHA come to mind, today we’ll talk about Property Perfect, only because a friend/reader came up with a potentially wonderful gameplan for the company (should they pull it off) and lets go through the steps here. Note: This is […]
Read More →CK CK not concerned about delays in public project bidding with the NCPO scrutinizing public investment projects to improve transparency. It expects 2014 revenue of not less than Bt30bn and will continue to bid new projects in late 2014 of Bt20bn, bringing backlog up to more than Bt100bn. (Tun Hoon, 27/06/14) Comment: Thinking aloud, wouldn’t […]
Read More →ACD ACD reports good presales at condo in Maha Sarakham with 50% booked within a week. It is confident that all 300 units will be sold in 3Q14. (Khao Hoon, 26/06/14) BCP BCP said that its Bang Chak Hi Diesel is a hit among consumers with market share at #2 for diesel stations and sales […]
Read More →GOLD Golden Land cranks up outlook – GOLD has increased its housing sales and revenue forecasts by 36% and 16%, respectively, citing improved sentiment in the low-rise housing market. Saenphin Sukhee, managing director for residential development, said Golden Land raised its 2014 sales target to Bt3bn from Bt2.2bn earlier as housing demand in the low-rise […]
Read More →AJD AJD expects set-top box sales of more than 2mn and expects the coupon will be issued in September. It says AJ is a market leader with a gain market share of 50%. It expects revenue to triple from Bt1.65bn in 2013. (Khao Hoon, 24/06/14) Comment: Yes, IF the coupon deal materialises, its still a […]
Read More →Notable Transactions Buy(s) THB 75 mn GSTEEL – Currently on the suspension list because they just aren’t making anymore, could this be a change in shareholding that allows the company to relist? Sell(s) THB 215 mn BGH – And here is the owner selling again, this time THB 141 mn worth of shares MAJOR – […]
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