Market research on Thai Stocks in the SET Index
AOT AOT waiting for NCPO approval of City Airport project worth over Bt18bn. Two more of its board members have resigned as the management shakeup continues. (Thai Post, 13/06/14) Comment: I hope, I dearly hope, that the military will not be corrupt. DTAC NBTC takes aim at DTAC with 4G cap – The national telecom […]
Read More →AAV TAA steps up bundling – Thai AirAsia is stepping up its strategy of bundling ground and sea transport with its flights to allow passengers to reach new destinations. The low-cost carrier is adding the southern island resort of Koh Tao and the northeastern province of Mukdahan to its growing list of flights with sea […]
Read More →ADVANC Wholly-owned subsidiary SBN takes 29% stake in IH or Bt3.6mn. It expects this deal will support the establishment of a fiber optics project. (Khao Hoon, 11/06/14) IEC IEC expects net profit growth in 2014 and to eliminate accumulated loss. It expects to pay a dividend in 2015, the first in 15 years, and is […]
Read More →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. […]
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