Notable Transactions Buy(s) THB 2.7 bn NOBLE – And now there is only one major shareholder in NOBLE NFC – Recent relisting of a formerly defunct company, the Vice Chairman shows that he owns some 50% of the company BROOK – That’s a 10% stake in the company, switching amongst the major shareholders? BTS – […]
Read More →Just look at the beautiful sea of red that is the Thai Stock market. No surprises, just the catalyst that brought it out about has been the news over the trade wars. Lets see how things unfold in the coming weeks and for those that are fundamentally focused, it’s a long way to go until […]
Read More →Fitch affirms Thailand at BBB+, outlook stable. Fitch Ratings has affirmed Thailand’s long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. The rating is underpinned by solid external and public finances, which enhance resiliency to economic shocks. (Bangkok Post, 09/06/18) Consumption growth still low. The Thai Retailers Association director, Mr .Chatchai Tuangrattanapan, […]
Read More →ALT ALT is cooperating with Itron France SAS and has signed a contract for the development of a power network in Pattaya from PEA worth Bt715mn. (Kao Hoon, 14/6/18) APCS APCS expects to sign new projects worth Bt1bn, raising its backlog to Bt3.5bn. It plans to focus more on the construction of power plants and […]
Read More →AH AH will join with VINFAST to build vehicle chassis factory in Vietnam worth Bt1.8bn. It will start operations in 3Q19. (Kao Hoon, 13/6/18) Comment: Thats just amazing for AH, if you know whats going on in Vietnam you’ll see that the government is essentially trying their best to mimic the koreans and develop their […]
Read More →JWD JWD invested Bt315.73mn: Bt146.57mn to buy 40% of Bok Seng shares and Bt169.16mn to take a capital increase by PPSEZ, which operates a logistics business in Cambodia worth. (Kao Hoon, 12/6/18) Comment: Curious as to how this fits in within the group’s overall plan or if these are just opportunistic acquisitions KTIS KTIS expects […]
Read More →BA BA expects 2Q18 revenue to be good, with advanced bookings up 11 .%The company plans to raise its revenue growth target for 2018 to 7-10 %and continue to expand codeshare with other airlines .It expects cabin factor to reach 70 %this year and will expand its fleet to accommodate more flights to Chiang Mai. […]
Read More →Nothing is looking pretty out there except the hospitals which had a decent 1Q in terms in financial performance.
Read More →Notable Transactions Buy(s) THB 331 mn TMT – A swap amongst the family members BTS – And he’s still supporting the recent share price movement. RS – And he’s still buying his shares! Sell(s) THB 265 mn TMT – See above ECF – Wonder who bought these…never been impressed by this firm K – The […]
Read More →Fun times at SCB First the media notes that “The report said the central bank played a role in recommending Mr Boontuck to sit on the board and probe the bank’s heavy lending to three companies: Sahaviriya Steel Industries Plc, Pace Development Corporation… “ Source: https://www.bangkokpost.com/business/news/1480809/boontuck-joins-scb-board SCB has retorted that “Recent media reports have suggested that […]
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