Notable Transactions Buy(s) THB 403 mn BGH – Dr. Praserttttttttttttttttttttt still buying THB 389 mn worth of shares Sell(s) THB 110 mn ARROW – The CEO sells THB 60 mn ? hmmm there isn’t enough liquidity for him to do that in day, who’s the buyer here? CHG – K. Apirum is still selling shares, we’ve […]
Read More →CPALL To issue bonds — CPALL has boosted its bond issue for institutional and retail investors to Bt50bn from Bt40bn in response to strong demand. (Khao Hoon, 4/11/13) Comment: Only positive out of this is that brokers can stop passing rumours around of a potential high FX Cost with the dollar loans. GEN GEN acquires […]
Read More →AGE Wins coal orders from China — AGE won new coal orders from China of 300,000 tons and this will help push its international sales for the year to more than 1mn tons. Management expects total 2013 coal sales of 2.5mn tons, with revenue of over Bt5bn. (Khao Hoon, 21/10/13) CPALL Bond issue — CPALL […]
Read More →APCO Raising growth target again — APCO is raising its earnings target again to growth of 70-75% YoY. The company expects 4Q13s to be outstanding as it is the high season. (Khao Hoon, 11/10/13) Comment: Never heard of this company before, no idea what it is CPALL Cutting MAKRO holding — CPALL is planning to […]
Read More →CPALL Expects 13-15% sales growth — CPALL is confident that sales will grow by 13-15%, and insists that it will continue to expand despite the domestic consumption slowdown. (Khao Hoon, 03/10/13) Comment: The key story here is on how they are re financing their debts from the MAKRO takeover DTAC 3mn 3G customers — DTAC […]
Read More →AAV Joint venture with AirAsia X — AirAsia X says it has set up a joint venture company with Air Asia Thailand and the advisor to the prime minister called Thai AirAsia X. This is the first time that AirAsia has entered into a foreign partnership. (Khao Hoon, 20/09/13) BEC Ad slots full — BEC […]
Read More →BAY BAY to issue 1.14bn shares to BTMU — BAY will issue 1.14bn shares at Bt39 each via private placement to the Bank of Tokyo-Mitsubishi UFJ (BTMU) under a conditional branch purchase agreement, according to BAY’s filing to the Stock Exchange of Thailand. (The Nation, 19/09/13) Comment: Will need to read more into this, however […]
Read More →Amata: Still confident of EIA backing. Amata Corporation is confident the environmental impact assessment (EIA) for its 3,500-rai expansion at Amata Nakorn Industrial Estate will be approved this year, ending a long dispute with communities. The company maintains the land sales target of 3,000 rai in 2013, up from 2,800 rai last year. (Source: Bangkok […]
Read More →CPALL CPALL greenlights Siam Makro takeover — CPALL shareholders approved the Bt189bn acquisition of Siam Makro in the country’s biggest ever takeover. Some 87% of shareholders who attended the meeting yesterday voted for the proposal, more than the 75% required. (Bangkok Post, 13/06/13) Comment: No surprise here, great for CPALL as they need to Makro’s […]
Read More →CPALL CP outlines Bt2.5bn expansion — CP All, the operator of 7-Eleven convenience stores, intends to invest Bt2.5bn to build four distribution centers across the country to support its future expansion in which the number of stores would reach 10,000 by 2017. The first center, which is under construction at a cost of Bt1bn in […]
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