Market research on Thai Stocks in the SET Index
BCP Expanding to 700 stations in three years — BCP plans to expand its petrol stations to 700 stations in three years. It will invest Bt2.5bn to open 70 Green stations, large-scale petrol stations. (Khao Hoon, 01/02/13) Comment: The real story for BCP is its capacity addition over this 12 month period DNA Expects 2013 […]
Read More →AP AP aiming at 15% YoY growth in revenues — AP aims for revenue growth of Bt20-21bn, a 15% increase from last year’s Bt17bn. It targets sales of Bt23-25bn, a 15-20% increase from last year, which will help raise its current backlog of more than Bt27bn. The company expects to launch 23 projects, worth Bt24bn […]
Read More →AMANAH-  AMANAH to expand its hire-purchase business — The company expects 2013 hire-purchase business will reach Bt5 bn, growing 15%YoY. AMANAH partnered with IBANK to capture Islamic customers. (Tun Hoon, 30/01/13) Comment: Another financing co trying to ride the industry trend. CPN – CPN plans Bt10 bn ‘super mall’ — Central Pattana Plc (CPN), the […]
Read More →DCC – 4Q12 sales growth 13% YoY — DCC said 4Q12 sales grew 13%YoY, pushing its 2012 sales to Bt7.6bn. It targets 2013 sales growth of 10% YoY backed by a 10% increase in selling price. DCC as set capex at Bt350mn for store expansion and maintenance of its factory lines. (Khao Hoon, 29/01/13) Comment: […]
Read More →Notable transactions Buy(s): AH – Lagger in the auto sector BLAND – K. Ananttttttttttttttttttttttttt! Sell(s): BTS – Warrant’s sold off by the owner, we still think the stock has legs to run though. Ticon -Â Ticon’s stock price rallied up a fair bit last week on the back of news that 2012 would be its […]
Read More →BCP – Bangchak aims to expand at home, overseas for stable growth — Beyond its existing businesses including refineries, petrol stations, convenience stores and supplementary businesses at its service stations, the company will focus more on alternative-energy production, especially electricity produced by solar cells, said president Vichien Usanachote. Bangchak has opened its first petrol station […]
Read More →BCH – WMC opening soon — BCH will open its high-end World Medical Centre (WMC) in Chaeng Wattana. The hospital is expected to attract higher premium and international patients. Phase 1 will consist of 150 hospital beds before its grand opening of 324 beds. BCH expects revenues to grow by 25% this year, as it […]
Read More →BMCL - Still negotiating over Purple Line — A BMCL insider revealed that the company discounted the costs for the Purple Line, Bang Yai – Bangsue, down Bt700mn but the MRTA is still not satisfied and wants a discount of Bt1.2bn. The MRTA expects BMCL to make a counteroffer within seven days, but the company believes […]
Read More →As a sector its earnings grew 25% YoY with KK, BAY, KBANK, and KTB showing incredible earnings growth. The combination of a recovering Thai economy from the 2011 floods, automobile incentive scheme, housing schemes, reduction in corporate income tax from 30% to 23% all boosted their earnings strongly. Going forward however the same elements aren’t […]
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