Notable Transactions Buy(s) THB 1.2 bn Only CCN has caught my eye here Sell(s) THB 3.2bn Interesting to see both MAJOR and PSL large shareholders sell large stakes Note: We are only displaying trades above THB 10 mn
Read More →CCP Plans to expand into Cambodia, Laos and Myanmar. The firm has bid for a new project worth more than Bt1bn and expects to do a JV deal in 2Q15. It targets 2Q15 earnings growth of 10% YoY on the transfer of projects and raise in backlog to Bt2.3bn. (Thun Hoon 06/05/15) CBG 1Q15 net […]
Read More →AOT AOT revises down investment for Suvarnabhumi Phase 2 by Bt10bn from Bt62bn. The bidding will begin at the end of this year. Revenue is expected to grow 15% this year because of the increase in passengers. The Ministry of Finance is requiring a higher dividend but this does not affect its performance. (Khao Hoon […]
Read More →Interesting news out of the BOI this week, here are the facts: Approved promotional privileges for 793 investments projects worth THB 217 bn approved in the first quarter, 6x that of last year Investment projects gaining BOI approved were valued @ THB 34.65 bn Industries that received this include — services and public utilities, electrical and […]
Read More →Finally some positive news and this shows that the government agencies are finally doing some work. Which listed companies benefit? Simple, AMATA, WHA, HEMRAJ, TICON Here are the facts: The Board of Investment (BoI) is more upbeat about Thailand’s investment prospects after approving some 700 projects with a combined investment cost of 110 billion baht […]
Read More →BANPU BANPU plans to invest in renewable power plant in China, solar and wind, after the government revealed its incentive plan. In addition, the company will invest in a power plant in Indonesia with a partner to be announced soon. These investments will boost its revenue and profit in the longer term. (Thun Hoon, 17/03/15) […]
Read More →EARTH EARTH expects higher region coal price to lift 1Q15 profit above Bt3.8bn. Management remains confident that its sales volume will reach 10mt in 2015 due to higher demand. It plans to acquire more mines with reserves of 40mt, conclusion by 4Q15. (Thun Hoon, 12/03/15) Comment: The owners have been pledging their shares for a […]
Read More →AOT U-Tapao to be developed for commercial use — The Transportation Ministry says that Airportd of Thailand (AOT) and U-Tapao airport will coordinate to develop U-Tapao airport for commercial aircraft and passengers. Currently, U-Tapao airport serves only charter flights with passengers at 100K/year, far below its capacity at 800K/year. They plan to sign an MoU […]
Read More →Here are the key facts: Investment projects approved last year by the Board of Investment (BoI) hit a 50-year high The BoI approved 3,469 investment projects worth 2.19 trillion baht in 2014, surging 73% in terms of project numbers and 117% in terms of value. In 2013, it approved 2,347 projects worth 1.11 trillion baht. […]
Read More →BAY Bank of Ayudhya launches new corporate credit, aiming at three key businesses, i.e. car dealers, tire dealers and electrical appliance dealers. The key selling point is to waive collateral and give a high credit line to accommodate the value chain of the businesses. (Thun Hoon, 03/02/15) BTS/AEONTS BTS joins with AEONTS to launch joint […]
Read More →