Market research on Thai Stocks in the SET Index
A helluva lot of transactions last week. Notable Transactions Buy(s) THB 458mn BTS – The owner buys back a huge amount of shares, THB 66 mn worth, perhaps in anticipation of the special dividend that will be annouced CPF – Fairly odd transaction here by the Vice President buying 2.7 mn shares @ 30 and […]
Read More →Eureka Eureka Design is expediting negotiations on business prospects in India and Indonesia, which it hopes to conclude by year-end. The company plans to expand its overseas markets to push sales into the top 10 in Asean in the next three years. This year, it expects to achieve its revenue target of Bt400m. Narakorn Ratchapolsitte, […]
Read More →BJC BJC plans ASEAN expansion — BJC plans to expand its retail businesses by launching drug and health stores, convenience stores and premium warehouses this year. Senior VP Sujittra Vichayasuek said it will open drug and health stores in Bangkok by next month. The stores will be located in high-end shopping malls and office buildings, […]
Read More →CK CK Power eyes Myanmar plant — CK Power (CKP), a unit of CK, plans to develop a hydropower plant on Myanmar’s Thanlwin River, after making rapid progress in Laos, says MD Supamas Trivisvavet. The project will have a total capacity of 7,000 MW. (Bangkok Post, 04/06/13) Comment: CK is listing CKP within the coming […]
Read More →OISHI OISHI has reset its sales target at Bt14bn, down from the earlier Bt15bn. It expects food to contribute 42% and beverages 58% this year Comment: Looks like the company is still yet to full recover from the floods in 4Q11 SCC SCC buying more in sanitaryware, paper — The SCC board has given the […]
Read More →AH Aapico sure of strong growth — AH expects positive growth for the rest of this year based on the solid car sales in the first quarter. President Yeap Swee Chuan said the Thai car industry will likely continue to rise, with 2.5mn vehicles expected to be produced and sold this year. Its Ayutthaya factories, […]
Read More →Notable transactions Buy(s) – THB 43 mn N/A Sell(s) – THB 215 mn GFM – There seems to be continued selling by management in GFM with the Chairman liquidating THB 40 mn worth of shares PS – A director sells THB 20 mn SPCGÂ – Massive sale by a director, THB 116mn
Read More →ThaiBev ThaiBev takes aim at Myanmar, F&N buy opens the door for drinks giant —Thai Beverage Plc (ThaiBev) is seeking a greater presence in Myanmar through its partnership with Fraser and Neave Ltd (F&N), the Singaporean firm acquired earlier this year by the Thai drinks giant. Thapana Sirivadhanabhakdi, ThaiBev’s president and chief executive, said the […]
Read More →QTC Energy Plc, formerly known as QTC Marketing & Service Co Ltd, was established on June 9, 2003 with registered capital of 10 million baht to conduct the businesses of manufacturing and distributing electricity distribution transformers. Director Poonphiphat Tantanasin discusses the company’s strategy and outlook. What is QTC’s business model? QTC Energy Plc is an […]
Read More →This news has local traders and brokers buzzing this morning regarding Shin Corp (ticker: Intuch) and how an “unclear nationality” of one of the major shareholders may cause the stock to be ineligible for the MSCI Index (see the statement below) What’s the impact on the stock? Well a temporarily sharp sell off in the AM, as […]
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