Notable Transactions Buy(s) THB 1 bn BA – And the owner is still at it buying his shares, given that he’s had an average purchase price of some ~thb 20/share he appears to be doing quite well DCORP – Â Huge purchases by the chairman and the vice-chairman to the tune of a sweet + THB […]
Read More →AH AH expects 2016 revenue growth of 5-10% thanks to new car models. It expects gross profit margin to be good when it implements cost control. It has budgeted Bt400mn to acquire a business next year. It has cash on hand of Bt800-1,000mn. (Khao Hoon, 30/11/15) Comment: This has been a dog of stock for […]
Read More →Bt2.1-trillion motorway plans likely to have multiplier effect on economy — THE Department of Highways yesterday revealed its new Bt2.1-trillion 20-year plan to develop the motorway network, expecting these investments to have a multiplier effect by more than two times worth Bt5.7 trillion for the economy. (Bangkok Post, 24/11/15) Farm unemployment bucks generally positive trend […]
Read More →Effective at the end of this month (30 November), Thailand’s MSCI weighting will be cut from 2.23% to 2.16%, so don’t be surprised to see the major names (energy, banks and telcos) have selling this week and next
Read More →AMATA AMATA expects 4Q15 revenue to be healthy even though it cannot reach the target of selling 1000 rai of land this year. It has sold only 493 rai of land in 9 months. (Thun Hoon, 27/11/15) Comment: It’s the usual cycle for industrial estates in Thailand. AOT AOT expects 4Q15 profit of at least […]
Read More →A succinct article by my friend who is analysing the changes and developments of Myanmar’s political system. Enjoy the few snippets below and a link to the rest of the article. With an estimated 80% voter turnout, most electoral observers declared the voting process to be largely smooth and peaceful. Despite structural disadvantages and credible reports […]
Read More →AUCT AUCT will focus on urban areas in the east next year and is preparing to expand its line of business to boost revenue. (Khao Hoon, 26/11/15) Comment: Still a wonderful asset-light business model, but don’t care much for its valuation at the moment CSS CSS expects to have 2015 revenue of Bt4.8bn and get […]
Read More →ADVANC Advanced Wireless Network (AWN) paid Bt20.493 billion to the National Broadcasting and Telecommunications Commission (NBTC) yesterday as the first installment of the 1,800MHz license upfront fee. (Khao Hoon, 25/11/15) Comment: And TRUE hadn’t paid their first part yet. Surprised much? Eyes are now fully focused on the remaining 900 MHz that should be up […]
Read More →The continued saga regarding the slave labour utilised by yet to be mentioned Thai firms is continuing to pick up in the news with Nestle recently stating that yes there were obvious signs of human rights abuse Nestle, among the biggest food companies in the world, launched the investigation in December after reports from news […]
Read More →ACAP ACAP reported 3Q15 net profit of Bt3.82mn backed by loan growth. It expects 2016 revenue to be good as it focuses on SME loans. It targets Bt600mn in SME loans in 2016. (Khao Hoon, 24/11/15) Comment: That is their existing business line, there were talks that it was going to expand into other businesses […]
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