Market research on Thai Stocks in the SET Index
This an incredibly good article on Bloomberg evidencing the growth of Thailand’s provinces ex Bangkok. Its something that we’ve thought internally for the longest time that Bangkok doesn’t have much more business growth which as been evidenced by its growth numbers, whereas the provinces are growing @ 2-3x the rate of the country’s GDP. Of […]
Read More →AMATA Investing Bt50-60mn in flood prevention — AMATA says it has set aside Bt50-60mn for investment in flood prevention and is currently in the process of gathering necessary information for its long-term planning and mitigation plans which is expected to take 2-3 weeks. It plans to expand reservoirs and improve floodways with help from the […]
Read More →Notable Transactions Buy(s) THB 374 mn BGH – K. Praset continues his buying of BGH this time to the tune of THB 303 mn SIRI – A director buying a block from the President @ thb 69mn Sell(s) THB 77 mn SIRI – See above
Read More →CKP Turnaround in 3Q13 — CKP will post a turnaround in 3Q13 net profit to Bt170mn, driven by revenues from Nam Ngum 2 hydropower plant. The company expects net profit for the year to exceed Bt370mn. (Khao Hoon, 28/10/13) Comment: Still an expensive entity. CPF Plans to go abroad to produce Asian food — CPF […]
Read More →Universal Adsorbents & Chemicals Plc (UAC) focuses on investing in the renewable energy industry in Thailand and is an importer and distributor of more than 200 types of chemical products and equipment for companies in the petrochemical, oil and gas and utilities industries. President and CEO Kitti Jivacate discusses the company’s strategy and outlook. Kitti: […]
Read More →AOT AoT plans to increase airport taxes next year to cut its losses – The board of Airports of Thailand Plc (AoT) plans to raise its passenger service charge from 100 baht to 200 baht for passengers on domestic flights and from 700 to 800 baht for passengers on international flights to cut its losses. […]
Read More →DCC Releases 3Q13 and announces dividend — DCC 3Q13 net profit was reported at Bt295mn on revenue of Bt1.7bn. In the 9M13, net profit came to Bt1.1bn. It has announced a dividend of Bt0.72 per share. (Khao Hoon, 24/10/13) Comment: It was and continues to be one of the easiest plays for upcountry growth in […]
Read More →ADVANC AIS introduces celebrities app for new revenue – Mobile leader Advanced Info Service (AIS) is extending its chargeable mobile content service in a drive to boost the strength of its non-voice business and increase revenue. The company launched yesterday what it calls a celebrities app, dubbed the first time in the mobile industry brand […]
Read More →Notable Transactions Buy(s) THB 341 mn BGH – K. Prasert, director and one of the founders of BGH, has continued to buy back a lot of his shares, THB 291 mn IFEC – Looks like K. Narong is selling out to a new shareholder  Sell(s) THB 97 mn CHG – Again the selling continues […]
Read More →AGE Wins coal orders from China — AGE won new coal orders from China of 300,000 tons and this will help push its international sales for the year to more than 1mn tons. Management expects total 2013 coal sales of 2.5mn tons, with revenue of over Bt5bn. (Khao Hoon, 21/10/13) CPALL Bond issue — CPALL […]
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