JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]
Read More →AOT AOT’s board of directors gave the green light to second airports in Chiang Mai and Phuket budgeted at Bt126bn after forecasts showed the current airports will be fully utilized. It will propose the plan to the cabinet and shareholders for approval. (Kao Hoon, 25/5/18) Comment: With it supposedly completed by 2022, lets add 2 […]
Read More →CPF/CPALL Twice this past week, CPF let the market know that part of its exchangeable bonds issue in 2016 were exercised and converted into CPALL shares. Background: USD 300 mn exchange bonds issued in Sept 2016, bondholders can exchange 90,100 CPALL shares for every USD 200,000 of the bond principal (THB 77.34 per CPALL share […]
Read More →Notable Transactions Buy(s) THB 280 mn GULF – And he’s still buying and buying. BTS – And again he’s buying, looks like they also sold a chunk off to Capital Group SUPER – The Chairman/MD buys, get ready for some shenanigans from this name… BEC – Does 1 show mark a turnaround? Or is […]
Read More →AOT AOT expects 3mn passengers to flood into its six airports, +14.4%YoY, with 17550 flights, +12%YoY. (Khao Hoon, 5/4/18) Comment: Mind boggling numbers, expect several headlines regarding the immigration queues being ridiculous. BEC BEC signals 1Q18 earnings turnaround, driven by a big soap opera hit, “Buppaesanniwas”, that has raised ad revenue. It targets 2018 revenue […]
Read More →Notable Transactions Buy(s) THB 519 mn BEC – A switch amongst family members BTS – It’s probably one of the safest large cap plays at the moment TFG – Despite the launch of new products, I don’t think the owner is making the right choice buying now…pork and chicken prices peak in 2016/2017, 3 to […]
Read More →The key changes as of 30 Nov ’17 are as follows: MSCI GLOBAL STANDARD INDEXES THAILAND + none / – 1 (-) BEC MSCI GLOBAL SMALL CAP INDEXES THAILAND +5 / -6 (+) BEC, GGC, ORI, VNT & WHA (-) AIRA, GPSC, NYT, SCN, STPI, THRE
Read More →AJD AJD’s shareholders approved to change the company name to AJA. Shareholders also approved a Bt1bn debenture. It expects solid performance this year thanks to digital TV coupons. It also plans to expand its line of business to water dispenser service and E-money. (Kao Hoon, 02/05/17) Comment: A name change? For what? I don’t think […]
Read More →Which country’s government set up is this? 440 members, 330 elected 110 appointed by the Military. If you thought of Thailand I wouldn’t blame you, that is Myanmar’s current structure, raises quite a few questions doesn’t it? Thailand infrastructure projects These ones are postponed – Mr Peerapol said the three projects are the Pink Line […]
Read More →ABC ABC expects net profit to be back in the black this year. It expects to launch ABC Residence and ABC Pet World projects, valued at Bt7.5bn, in 3Q16. It plans to wipe out all retained losses this year. (Khao Hoon, 16/03/16) Comment: I’m beginning to be very bored of the newsflow from this company…. […]
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