Market research on Thai Stocks in the SET Index
Quiet Quiet day for news PTTEP PNG to grant gas concessions to Thai firms — Papua New Guinea Prime Minister Peter O’Neill has agreed to grant natural gas concessions to the Thai private sector during talks with hi Thai counterpart Yingluck Shinawatra. (Bangkok Post, 26/03/13)
Read More →ADVANC TPT mulls early end to concession — TOT may end its mobile concession contract with ADVANC this year, two years before the expiration date, to enable the state telecom to early a final sum of Bt40bn from ADVANC. The proposal is part of TOT’s survival plans after its concession revenue vanishes at the end […]
Read More →Wonderful week it was with the market giving up of half its total return this year on the back of Cyprus and local politics making some noise.
Read More →HMPRO to raise cash — HMPO plains to issue debentures worth Bt4-5bn to raise funds for branch expansion. Wannee Juntamongkol, a senior vice president, said the company will spend up to Bt10bn this year, twice as much as last year, to add hardware and home improvement stores across the country. Half of the spending will […]
Read More →CPN CPN to raise funds for new development — CPN plans to raise an additional Bt10-12bn this year to finance its ambitious investment plans including developing a prime location at the busy intersection of Rama IV and Sathorn roads. CPN will issue new units of its CPN Retail Growth Leasehold Property Fund (CPNRF) in a […]
Read More →BTS BTS lays tracks for infrastructure IPO — BTS wants to bid for three mass transit rail projects worth a combined Bt100bn, of which Bt30bn will be allocated from the imminent launch of its infrastructure fund, from which it expects to raise more than Bt60bn. Chairman Keeree Kanjanapas said the BTS, the first company to […]
Read More →Notable Transactions Buy(s) BGH – Rehash of what I’ve stated for a while, buying will continue by management PS – This is a surprise Sell(s) KK – No surprise here, CEO continues to take profit NWR – Gah this stock price run pi$$ed us off as we exited earlier when we thought the fairly was […]
Read More →BANPU Banpu seeks power profits — BANPU plans to increase its investment in the power sector in a bid to lower risks stemming from volatile coal prices. CEO Chanin Vongkusolkit said the company expects to lift its profit from the power business to 30-40% from almost 20% lat year. (Bangkok Post, 16/03/13) Comments: Not unless […]
Read More →CENTEL May be setting up REIT — CENTEL announced that it is in the process of studying to set up a property fund under REIT and is negotiating with domestic banks and foreign banks. It expects record breaking revenues in 1Q13, as revenue in the first two months for hotel and food and beverages has […]
Read More →BEAUTY Targets 20% YoY growth this year — BEAUTY targets revenues this year to exceed Bt1bn, growing no less than 20% YoY. It plans to invest Bt300mn to expand the number of branches at home and abroad and also open a new brand in 3Q13. (Khao Hoon, 14/03/13) Comment: Saw this company at SET’s Opportunity […]
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