Market research on Thai Stocks in the SET Index
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 […]
Read More →Notable Transactions Buy(s) THB 115 mn AMATA – Director buys THB 29.6 mn near the bottom the stock price in the past month STPI – Owner buys THB 67 mn also near the bottom for the stock price in the past month Sell(s) THB 180 mn MEGA – Continued selling by management/directors, this time THB […]
Read More →ANAN ANAN expects to report Bt1.5bn in revenues in 1Q14, a 50% increase YoY, supported by booking revenue from its condo, Ideo Mobi 4. (Khao Hoon, 17/03/14) AOT Phase 2 to move as planned — AOT says that Phase 2 of Suvarnabhumi airport worth Bt62.50bn will go as planned. It will draft the TOR this […]
Read More →S. Khonkaen Food Plc (SORKON) is a major producer of Thai-style sausages and dried, shredded pork. In recent years the SET-listed company has branched out into food retailing and restaurants and is also pursuing other market opportunities. Chief executive Charoen Rujirasopon discusses the company’s strategy and outlook. Northeastern and Thai-Chinese dishes have broad appeal, says […]
Read More →CKP CKP revises revenue growth this year to 30% from 20%. The revision came as the company expects to book full-year revenue from its BIG1 plant. CKP will invest more than Bt22bn over the next three years in BIC2 and Nam Bak. It is also undertaking a study on solar farms in eight different places. […]
Read More →EA EA expects net profit this year to grow by more than 150% from Bt267mn last year driven by a full year of revenue from its new solar power plant in Nakorn Sawan of more than Bt1.2bn. It also said earnings in 1Q14 will continue to grow strongly. (Khao Hoon, 13/03/14) Comment: We think the […]
Read More →CPF CPF finds a way to use used vegetable oil to produce Biodiesel B100 in its Saraburi plant. This will help lower its dependence on diesel imports by 1 million liters per year and lower energy costs plus help break the cycle of repeat use frying oil that can cause harm to consumers. (Khao Hoon, […]
Read More →AIE 2014 revenue target at Bt5.5bn. It says that if it has a profit this year, it is ready to pay out dividends. Although the company was affected by the shortage of palm in the first quarter, it expects to see growth driven by better cost control and inventory on hand. (Khao Hoon, 11/03/14) BCP […]
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