Market research on Thai Stocks in the SET Index
BAY: Consumer unit eyes regional growth. Krungsri Consumer, the personal finance arm of Bank of Ayudhya (BAY), will continue expanding its retail banking business regionally. The move is in line with the business strategy of Bank of Tokyo-Mitsubishi UFJ (BTMU), which will soon become the main shareholder in BAY. The managing director of Krungsri Consumer, […]
Read More →The new personal income tax rates for the 2013 tax year will likely be delayed, says Jitmanee Suwannapool, the Revenue Department’s principal adviser on tax base management. Flip flop on rice and now flip flop on this, so the personal income tax reduction that was at first to be implemented for this year salary folk is […]
Read More →AAV: Thai Post link up for speedy EMS. Thai AirAsia, the biggest low-cost carrier, has joined hands with Thailand Post to introduce an EMS [Express Mail Service] super-speed service as part of its plan to strengthen its financial performance. Currently, ticket sales contribute 84% of revenue, while non-ticket sales make up 16% of total. The […]
Read More →BECL: June traffic growth of 3.3% — BECL reports moderate traffic growth in June at +3.3% YoY. An associate is listing and will begin to trade on July 18, 2013, at which time BECL will sell 20.6mn shares in the company. (Company) BTS: Vietnam subsidiary to bid for VN elevated rail management —BTS’s subsidiary is […]
Read More →BTS wins Jakarta job — BTS has won the contract to design, construct and manage the first monorail line in Jakarta. Management said the job involves two major lines worth Bt24bn. It has also signed a contract for a service and maintenance concession for a period of 40 years with PT Jakarta Monorail. (Khao Hoon, […]
Read More →Lots of transactions happened last month! Notable Transactions Buy(s) – THB 4.4 bn BGH – Massive purchases by the key players of BGH, THB 400 mn worth BLAND – K. Anant back in the fold BTS – K. Keree buy’s back a massive amount, THB 2.3bn, of shares in BTS EPCO – Chairman purchases some […]
Read More →Notable transactions Buy(s) – THB 37.4mn Mint – Heinecke continues to purchase shares in his own company despite the 100% increase over the past 12 months. People I think have failed to realise that MINT is not just a thai business anymore with 1/3 of its ebitda coming from overseas markets today. Sell(s) –  THB […]
Read More →BBL: Expects good 2Q13 earnings. BBL is forecasted to report good earnings of over Bt10b in 2Q13 (up 15-18% yoy). Key drivers will be a pick-up in loan growth, stable NIM, strong fee momentum (backed by wealth management and bancassuarnce) and stable credit costs. (Source: BBL) Comment: Every bank will have a good 1H13 but […]
Read More →CKP CK Power starts to operate Bang Pa-in plant commercially — CK Power Plc commenced commercial operations at phase 1 of its Bang Pa-in cogeneration power plant on June 28. (The Nation, 05/07/13) MCOT MCOT in deal to broadcast selected EPL matches — The board of MCOT Plc, the broadcaster of Modernine TV, is seeking […]
Read More →Glow Energy Plc (GLOW) is a group of energy companies with core businesses in generating and supplying electricity, steam, clarified, dematerialised and chilled water to customers. It has a generating capacity of 3,182.55 megawatts of electricity, 1,206 tonnes per hour of steam and 3,400 refrigerated tonnes per hour of chilled water. SET-listed Glow is 69.11% […]
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