Market research on Thai Stocks in the SET Index
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 […]
Read More →HEMRAJ Targets sale of 1,600 rai this year — HEMRAJ has set a target for land sales of 1,600 rai this year, with double-digit revenue growth from 2012 revenue of Bt6.4bn. It also noted that it has no plans to set up an infrastructure fund in the next 1-2 years due to insufficient assets for […]
Read More →Notable Transactions Buy(s) BGH – No surprise here, I’d still expect to see continuous buying by management/directors Sell(s) KK –  CEO sells off a huge stake @ THB 55 mn, relative to the other fin co’s KK is trading “cheaply” NWR – Used to have this stock, but since exited, all these construction companies have […]
Read More →ARROW Revenues to grow 30% this year — ARROW targets revenue growth of 30%, touching Bt1bn, this year and will maintain its net profit margin at 10-12%. The company will focus on cost reductions, increase its exports by 15-20% and also increase its capacity to support the upcoming AEC. This quarter, it also expects to […]
Read More →BECL Traffic growth sinks in February off high base — BECL reported traffic growth of 0.21% YoY in Feb 2013, braking hard from 2.6% in Jan 13. (Company data) CPF CPF targeting health-conscious, overseas — CPF’s new ready-to-eat brown rice-jasmine rice is aimed at a new focus on healthful eating by much of the younger […]
Read More →BEC Sees no roadblocks ahead — BEC expects business to continue growing from last year, after raising ad rates by 50% for 30-40 programs in 1Q13. It is also ready to bid in the TV digital auction in the second half of the year after more clarification from the NBTC. (Khao Hoon, 08/03/13) BGH BGH […]
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