AAV AAV expects no significant impact from the recent oil price rebound although the fuel cost is 35% of total cost. The company already hedged 50% of fuel use for the next six months which is more than the hedging position policy of 30%. (Post Today, 04/02/15) AAV announces resignation of Mr. Porn-anan Kerdprasert, the Chief Financial […]
Read More →Given the way December ’14 performed I thought it would be more interesting to present all the transactions that occurred during the month. Notable Transactions Buy(s) THB 6bn AAV, RS, CENTEL, BA, LIVE, M-CHAI, NBC, BA, STA, CPF, MC, EARTH, BBL, BLA, EARTH, AKR, PACE, TH Sell(s) THB 10 bn RS, AAV, CGD, AP, NYT, […]
Read More →Notable Transactions Buy(s) THB 260 mn BA – The family continues to support the share price with another THB 80 mn bought in shares LIVE – This has to be an off the market trade, a Director just bought THB 119 mn worth of shares, just over 5% of total shares Sell(s) THB 693 KIAT […]
Read More →Notable Transactions Buy(s) THB 213 mn BA – The family believes that the decline in shares since its IPO is overblown – I think not. MC – The founder continues to accumulate shares, what I haven’t liked about MC is that SSSG has been negative since IPO, all the growth comes from store expansion, can […]
Read More →Notable Transactions Buy(s) THB 2.4 bn MTLS, IFEC, NMG, GFM, RS, JAS, M-CHAI, BA, EARTH, STA, EPCO, KSL, AUCT, SAMART Sell(s) THB 2.0 bn CGD, NMG, IFEC, MONO, DNA, BTS, BSM, DNA, ABC, PPM, BTC, BLAND, EE, EPCO, CHO, MACO
Read More →With Bangkok Airways Plc listing yesterday being incredibly poor (down 12% on its first day!), is it going to go the way of Nok and Thai Airways? If you can remember Thai Airways listed in the 90’s at THB 50/share, its today at THB 14 (after multiple recaps etc etc etc), in fact the only […]
Read More →BA BA starts trading today. It is expected to close at above Bt25/share. Management expects 2015 revenue growth of 18% YoY supported by initiation of AEC. The company aims to find three new partners. (Kao Hoon, 3/11/14) Comment: I think its going to go the way of NOK i.e. shitty first day, and it will […]
Read More →BRR Ready for IPO — BRR is ready to sell 169mn shares in an IPO. It is expected to finalize the offering price on October 27, 2014. It plans to be listed on the SET on November 6. The company plans to use the proceeds to increase its cane crushing capacity and as working capital. […]
Read More →AOT Board to discuss 2nd phase investment of Suvarnabhumi airport today after Minister of Transport Prajin approved a multi-function terminal at a cost of Bt70bn instead of east building expansion. (Kao Hoon, 16/10/14) BA Investors interested in IPO — Its solid fundamentals have created interest in investors in subscribing to the IPO shares of Bangkok […]
Read More →AI AI expects good 3Q14 net profit of Bt21.85mn due to a higher margin for its porcelain insulator business and no stock loss from the biodiesel business. Management expects revenue of Bt6bn in 2014 and aims to expand overseas. It hopes to obtain power plant construction of Bt1bn. (Thun Hoon, 07/10/14) Comment: AI has been […]
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