Market research on Thai Stocks in the SET Index
BTS Interim DPS at Bt0.18 from 3QFY13 earnings — After an initial DPS of Bt0.163/share on earnings in Apr-Sep 12 (1HQFY13), BTS announced a second interim DPS of Bt0.18 (XD on May 2), based on earnings in Oct-Dec 12 (3QFY13). Comment. Only an interim dividend, analysts have been saying that a special divvy may be […]
Read More →BTS First trading day for BTSGIF— The infrastructure fund begins trading today, April 19. Comment: well this was the easiest trade this year, I don’t expect that much more upside in the stock, unless they come out with a massive dividend. TRUE TrueVisions screens turn blank Friday morning — TrueVisions screens will turn blank on […]
Read More →KTB changes tack to focus on fees — State-owned Krungthai Bank (KTB) is focusing more on high-yielding retail banking and small and medium-sized enterprise (SME) loans in order to boost non-interest income, underscoring the fierce competition in these segments among big banks. Thailand’s second-largest lender by assets targets retail and SME loans of 60% of […]
Read More →Sells > Buys; 5.6 bn vs 1.3bn Buys- AH, BANPU, BGH, BLAND, EPCO, GFM, JUTHA, KCE, PS, SIRI, TICON, TONHUA, TPIPL, TTA, TVI Sells – AMATA, BGH, BTS, GFM, KK, NWR, OFM, PPC, PS, SAMART, SCC, SIRI, TCC, TFI, TICON, TPIPL, TUF, VIBHA Note: All mentioned tickers have values of THB 20 mn in transactions […]
Read More →CPF unaffected by China flu — CPF said the spread of a new bird flu virus strain in China and Vietnam has not affected the company’s businesses there. CPF funs feed mills in China and in Vietnam it focuses on pig and shrimp farms, said president and CEO Adirek Sripratak on Tuesday. He also said […]
Read More →KBANK sells Bt8bn mortgages to free up funds — KBANK has sold mortgages worth Bt8bn to SME to free up funds for more lending and eliminate the need to raise capital. KBANK believes the asset sale will allow it to lend more to homebuyers at its current capital adequacy level and will also generate a […]
Read More →Notable Transactions Buy(s) AH – Founder continues to buy up more shares, this time THB 43 mn BGH – Same story THB 200 is coming GFM – Now this interesting a THB 70 mn purchase buy two directors, must’ve been off market as there usually is barely any liquidity here. POST – Major shareholder and […]
Read More →ADVANC AIS aims to run 3G service using TOT’s frequencies — ADVANC is moving ahead with pans to negotiate with concession owner TOT to run 3G mobile services on the state telecom enterprises three frequencies. The move came after the NBTC last week voted overwhelmingly in favor of the contentious 3G network contracts between TRUE […]
Read More →DTAC DTAC continues 3G network expansion — DTAC vows to be at the forefront of the 3G mobile broadband market this year thanks to its upgraded network platform. It expects to almost triple its 3G mobile subscribers from 3.5mn to 10mn this year using its 850- and 2100 MHz frequencies. It is able to install […]
Read More →CENTEL CENTEL looking at great 1Q13 — CENTEL expects strong 1Q13 results driven by a high occupancy rate of 80% in this, the high season for Thai tourism. It says that it will sign a management contract with a hotel in Pang-Nga. (Than Hoon) Comment: The company and stock has performed well, however such performance […]
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