AMATA AMATA reports that it is negotiating to sell 700-800 rai of land to Chinese, European and American investors. It expects the deal to be concluded soon. It also said 2Q14 earnings will be better than 1Q14 due to an increase in booking land transferred. (Kao Hoon, 31/07/14) Comment: Still a safe simple recovery play. […]
Read More →AMATA AMATA sees signs of resumption of foreign investment in Thailand due to easing of the political situation and approvals by the BoI, expected to appeal to European, American, and Chinese investors. It is negotiating to buy 700-800 rai in Amata Nakorn and Amata City industrial estates. It is also waiting for a new government […]
Read More →BGH Buys new hospital in Nakorn Pathom — BGH has announced the acquisition of Sanamchan Hospital, a 198-bed private hospital in Nakorn Pathom, plus its two hospitals. The investment cost is Bt3.66bnn (SET) Comment: And the growth machine for BGH continues, still think it can comfortably go to THB 20/share, just wait for the day […]
Read More →From the Bangkok Post: The sub-committee is empowered and authorised to consider and approve large-scale investment projects worth from 200 million baht to 750 million. It is also tasked with screening and proposing projects with values in excess of 750 million baht for the main board’s consideration and approval. So with the BOI reporting 291 […]
Read More →The facts: Applications were valued @ THB 234 bn down 10% YoY w/ project numbers of 291 down 48% YoY Led by auto’s, petrochem and power plants Foreign projects rose YoY 28% Main investors were Japan, US, China and S. Korea So what? Growth in the SME area is suffering, that goes without saying, but […]
Read More →So the automotive industry in Thailand is dying? Well the largest automotive car maker in Europe, Volkswagen, has recently applied to set up its first plant in Thailnd under the government scheme that requires car makers to invest at least THB 6.5 bn and that annual production must reach 100,000 cars in the fourth year […]
Read More →AMATA AMATA says 1Q14 investment slowed due to political instability. It expects investment to return once calm is restored. It is negotiating with 7-8 foreign investors. (Khao Hoon, 01/04/14) Comment: Not much of a surprise here, but its good value still @ these prices. AOT AoT banks on ‘airport city’ plan to boost revenue – […]
Read More →AMATA Cutting back — Management expects to lower its investment in 2014 from the usual Bt3bn annually. It will put off land development and street construction due high cost. It will continue to invest once the political situation recovers to normal. Currently, it has 14000 rai waiting for development and 2200 rai already being developed. […]
Read More →Notable Transactions Buy(s) THB 115 mn AMATA – Director buys THB 29.6 mn near the bottom the stock price in the past month STPI – Owner buys THB 67 mn also near the bottom for the stock price in the past month Sell(s) THB 180 mn MEGA – Continued selling by management/directors, this time THB […]
Read More →AGE AGE selects Apisit Rujikiatkumjorn as vice president and he will hold 10mn shares. It is confident that he will support business growth. AGE will pay a stock dividend at the ratio of one new share for 10 existing shares and says it expects to double revenues in 1Q14 YoY, backed by higher orders. (Khao […]
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