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 →BMCL Capital raise okayed by shareholders — Shareholders have given approval for BMCL to raise capital by Bt8.55bn and change its rights offering from 5.9:1 (existing: new shares) to 1.39:1 share. Management says that the recapitalization will help strengthen the firm’s financial position by saving Bt640m on interest expense per year. (Khao Hoon, 12/11/13) Comment: […]
Read More →CKP Turnaround in 3Q13 — CKP will post a turnaround in 3Q13 net profit to Bt170mn, driven by revenues from Nam Ngum 2 hydropower plant. The company expects net profit for the year to exceed Bt370mn. (Khao Hoon, 28/10/13) Comment: Still an expensive entity. CPF Plans to go abroad to produce Asian food — CPF […]
Read More →BEAUTY 2013 revenue growth of 30% plus — BEAUTY is confident that revenues will grow by more than 30% and profits to grow by 20% as the company pushes to open new branches and launch new products and promotional campaigns to boost sales. (Khao Hoon, 13/09/13) Comment: I do wonder if this will be a […]
Read More →CKP: To delay IPO. CK Power will delay its IPO date from 26-28 June to 3-5 July. The company plans to sell 220m shares during the IPO at around Bt12-15 apiece. Of the total IPO shares, 180m shares will be newly issued and 40m shares will come from existing shareholders. (Source: Khao Hoon) Comment: This […]
Read More →BAY BAY, top 10 developers go for quality clients – Bank of Ayudhya is partnering with the country’s top 10 property developers to offer attractive loan terms, including zero interest on initial repayments, to home-buyers seen as high-quality borrowers. (The Nation, 07/03/13) BANPU To sell 48mn tons of coal in 2013 — BANPU targets 48mn […]
Read More →DNA To trade on MAI next week — DNA will trade on MAI on 21st December 2012. Management said the company’s strength lies in its strong leadership in the home entertainment – movie and music – business. The company currently has 1,432 branches and aims to take number one market share by using the money […]
Read More →Ok given that I do receive a silly amount of emails in the every morning regarding which Thai stocks have news accouncments we’ve decided here to compile and simply list it out b/c the majority of the news announcments are in the Thai papers. We’ll keep this going for as long as we feel its […]
Read More →My good friend Roger, who’s doing his PhD specifically on Myanmar recently wrote this paper on the developments there today. It’s a country that is going to grow extremely quickly, my only fear for them is that the government takes a short term viewpoint to the country’s future, although I’ve been assured by several parties […]
Read More →Originally published in the Bangkok Post 6th Jan 2012 Gunkul Engineering Plc was established on Aug 5, 1982 by Gunkul Dhumrongpiyawut as an importer and provider of electrical equipment in order to support the fast-growing Thai economy. It was listed on the Stock Exchange of Thailand on Aug 10, 2009, aiming to raise funds for […]
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