AP TRIS has rated AP’s Bt1.5bn debenture at A- reflecting strong business position, many varieties of product line, and backlog which supports revenue in the future. (Khao Hoon, 13/1/14) Comment: Had a good discussion with friends about AP, they seem to be limited on the management side to constantly expand their business and thus the […]
Read More →CPF CPF buys Belgian food processor – SET-listed Charoen Pokphand Foods Plc plans to acquire a food operation in Belgium as part of its attempt to expand food investment abroad. Through its 99.99% owned holding firm CPF Europe SA, the company will next month pay Bt408mn for 80% of Tops Foods NV. The Belgian maker […]
Read More →As usual for the monthly management trades, we’ll only show the transactions above THB 20 mn
Read More →AMATA AMATA land sales for 2013 ended at 1,000 rai. In 2014, it plans to focus more on land sales abroad, especially in Vietnam, to avoid the political turmoil in Thailand. It said that 3-4 customers are already waiting to sign a deal. (Khao Hoon, 06/01/13) Comments: AMATA’s business model is very simple, land sales, […]
Read More →Notable Transactions Buy(s) THB 366 mn AP – A director buys THB 68.7 mn worth of shares IFEC – The changing of ownership continues EARTH – A block buy by the owner, there have been quite a few block transactions (both buys and sells) here, no idea what’s going on, although EARTH has now traded […]
Read More →AIE AIE confirms strong fundamentals and said 2013 revenue will be Bt4.2bn with 2014 revenue at Bt5.5bn, supported by B7 bio-diesel. It aims to list on mai in January 2014. (Khao Hoon, 16/12/13) BAY BAY expects Bt36bn new property loans in 2013, beating its target of Bt28bn. It is seeing a steady drop in NPLs […]
Read More →CPF No growth hormones — CPF says that its chicken is safe and that it does not use growth hormones. It said the more rapid growth comes from an improved strain and better use of technology, along with better farm management and disease prevention. (Khao Hoon, 13/12/13) EA Investing Bt25bn in solar and wind farms […]
Read More →CPF Freshening CP Freshmart — CPF is spending Bt50mn on “CP Freshmart”, with promotional campaigns and a new Santa promotion. It expects sales during the holiday festival to double. (Khao Hoon, 11/12/13) EARTH expects 2014 coal sales at >8mn tons. The company will target more foreign markets to help support growth as it believes that […]
Read More →AOT 2013 a good year — AOT says FY2013 was a good year, with a 20% rise in the number of tourists and 16% growth in number of flights. The CFO said there will reversal in depreciation costs for the Don Muang Airport worth Bt3bn, which will help push net profits up. The company will […]
Read More →3Q13 results for publicly listed Thai companies were all due by 14th November and analysts around Thailand and whoever covers Thai companies have been busy. What we’ve seen thus far on a general basis are the following: Minimum wage increase is still having an impact on manufacturing based co’s or any co’s that have low […]
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