Market research on Thai Stocks in the SET Index
BCP Bangchak’s solar sprint – The mostly state-owned oil refiner Bangchak Petroleum Plc says its third phase solar project in the Northeast is ready to feed power to the national grid one month ahead of schedule, signaling higher future revenue than expected. (Bangkok Post, 26/03/14) Comment: The only sunny thing in the entire energy sector […]
Read More →Its reporting time from all the publicly listed companies in Thailand, with the quality of presentations available (meaning they are pretty damn good), its great finding out little tidbits of information like this one from Asiasoft Plc (AS). Who whould’ve thought that Thailand was only just behind Singapore in terms of daily spending on apps? […]
Read More →BECL BECL expects revenue growth of 5% YoY in 2014 after a rise of 2% YoY in toll collection in Jan and Feb. It is confident that highway traffic will expand in the rest of 2014. It also expects additional 10,000 cars per day after Asoke 3-1 highway opens. (Thun Hoon, 25/03/14) Comment: A good […]
Read More →Notable Transactions Buy(s) THB 45.6 mn EFORLÂ – This company does have a storied history, perhaps there’s something finally positive happening here? Sell(s) THB 46.8 mn CPF – A sell by of the main directors
Read More →AOT AOT expects FY2014 profit growth YoY on growth in normal operations. It aims to maintain EBITDA margin at 40%. (Post Today, 24/3/14) BCH BCH seeks additions to hospital chain – SET-listed Bangkok Chain Hospital Plc (BCH), the operator of Kasemrad Hospital and World Medical Center, is in talks to acquire three or four hospitals […]
Read More →AGE AGE targets revenue growth of 20% YoY in 2014 to Bt6bn and expects sales volume of 4mn tons. Management guides to 1Q14 revenue growth of 50% YoY after expanding to China and India. (Khao Hoon,, 21/3/14) Comment: The issue for AGE is that their margin’s as selling prices of coal have been in a […]
Read More →CHO CHO reports more than Bt1bn in backlog and will sign a contract for a Bt700mn new job. It expects earnings for 1Q14 to continue to be strong and revenues this year to grow by at least 15%. (Khao Hoon, 20/03/14) Comment: A unique business here as they build niche trucks/vehicles and ships of all […]
Read More →AH Aapico to slim down on costs- Aapico Hitech Plc (AH), the SET-listed automotive parts manufacturer, plans to maintain its 2014 profit margin at 3-4%, the same level as last year, even though its revenue is expected to fall by 5-10% in line with sluggish domestic car sales. (Bangkok Post, 19/03/14) Comment: AH has a […]
Read More →International Tourist arrivals came out down 8% YoY for Feb and thats grabbed all the headlines, but tourism related stocks (hotels, airlines) have been doing very well in the past 1-2 months b/c all the news re the protests have already been priced in since the first week of the year. The question we’ve been asked […]
Read More →AAV Thai AirAsia to begin major push to lure back tourists – Thai AirAsia is preparing to work with the AirAsia network regionally to promote Thailand more aggressively to revive a stable flow of foreign tourists into the Kingdom after it was hit by prolonged political turmoil, while in the process meeting its cabin-factor projection […]
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