Want to feel like a rock star investor? Get into the small IPO’s. Anyone who was able to get IPO’s this year has been feeling that way, excluding IPO’s where commercial bank’s were the underwriters (here’s looking at you KBANK and SCB). The basic framework for IPO’s performing well on their first day hasn’t changed, if […]
Read More →Notable Transactions Buy(s) THB 214 mn AUCT – The Chairman buys another huge stake NMG – The Vice Chairman buys a huge amount of warrants Sell(s) THB 340 mn ABC – ABC has been in the news a lot given its performance (i.e. +30% in a day), and here the CEO sells off THB 38.6 […]
Read More →BEAUTY BEAUTY expects growth in 2H14 and maintains 2014 revenue growth target of 30% YoY as purchasing power continues to improve. The company expects to add new branches overseas to increase growth. (Kao Hoon, 28/08/14) Comment: BEAUTY is definitely the fastest growing cosmetic retailer in Thailand today CCP CCP expects revenue growth of 10% in 2014, excluding […]
Read More →AJ Management expects good performance in 2H14 after 2Q14 earnings of Bt13.71mn, up from a net loss in 1Q14. It plans to add value-added products and increase high-end clients overseas, supporting profit margin. It expects to be in the black in 3-5 years. (Thun Hoon, 27/08/14) Comment: This company has been losing money for the […]
Read More →CGS CGS cuts market share target for brokerage to 3% from 3.5% after the resignation of its marketing team. It is ready to become a holding company in October, and is interested in energy and telecommunication businesses. (Kao Hoon, 07/08/14) Comment: As is always the case, whenever a new brokerage firm pops up, brokers move around and […]
Read More →AIT AIT said 2Q14 earnings were good – results will be out sometime this week. It expects to receive more government work in 3Q14. Management is confident that revenues this year will reach its target of Bt6.2bn supported by backlog of more than Bt5bn. It will also start booking revenues from its join venture business. (Kao Hoon, 04/08/14) […]
Read More →BH/BJCHI/MEGA/NYT/TTCL MSCI will be calculating BH in its MSCI Global Standard starting May 30, while BJCHI, MEGA, NYT, and TTCL will be calculated in the MSCI Global Small Cap. (Khao Hoon, 16/05/14) Comment: Fantastic news for all companies involved especially the new ones BJCHI n MEGA BKI BKI reported net profit of Bt627mn in 1Q14 and pay DPS […]
Read More →ADVANC AIS vows to ‘fight to the end’ to maintain pole position – Advanced Info Service (ADVANC) is pinning its hope on this year’s scheduled spectrum auction of four licenses to provide fourth generation mobile broadband service under a do-or-die strategy to maintain its leadership in the hyper-competitive market over the past two decades. (Bangkok […]
Read More →So Ichitan Plc (ticker: ICHI) ipo’ed earlier in the week with a subscription price of THB 13.00, the stock hitting +30% during intra-day trading and finishing the week @ THB 17.90/share.. Image source: SETSMART So how can you do a successful IPO? Easy do the following steps: 1. Create a successful consumer business and sell […]
Read More →BEC CH3’s analog channel still the main stay – BEC World, the broadcaster of Channel 3, yesterday announced it would operate its existing analog TV channels and three new digital channels at the same time. (Bangkok Post, 22/04/14) ICHI Climbs high on first day — On its first day of trading, ICHI share price increased […]
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