AH Aapico to slim down on costs- Aapico Hitech Plc (AH), the SET-listed automotive parts manufacturer, plans to maintain its 2014 profit margin at 3-4%, the same level as last year, even though its revenue is expected to fall by 5-10% in line with sluggish domestic car sales. (Bangkok Post, 19/03/14) Comment: AH has a […]
Read More →BJCHI Roadshow end-Feb — BJCHI is preparing for a roadshow for big local institutional investors on 27-28 February 2014, after they expressed interest in its overseas business. It expects to get a project of Bt2bn in Australia. Its current backlog is Bt5bn with gross margin of 40%. It will pay a DPS of Bt2.2. (Khao […]
Read More →IRCP IRCP expects both revenue and net profit growth of 30% YoY. It continues to bid for jobs related to digital TV network. It recently received work from CAT and Thai PBS worth Bt100mn, bringing backlog to Bt600mn. It is negotiating with a partner to get into the set-top box business. (Tun Hoon, 04/02/14) IVL […]
Read More →AIE IPO shares sold out — AIE sold all its IPO shares with 9,827 retail investors receiving the shares. It will list on mai on Jan 6, 2014. (Khao Hoon, 27/12/13) Comment: The usual little one, pop and drop! IVL JV in UAE — IVL entered into a joint venture agreement with ChemaWEyaat to build […]
Read More →BANPU Writing off treasury stock — BANPU announced it will decrease registered capital by writing off the repurchased registry shares worth Bt135.6mn. The decrease will boost EPS and DPS by 5%. (Khao Hoon, 25/12/13) Comment: Well that’s an easy way to boost EPS BEC BEC concerned and political situation — It will boost ad rates […]
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 →AOT September passenger growth strong— AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12thmonth in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY.(Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →AOT September passenger growth strong — AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12th month in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY. (Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →CHO Free warrants — CHO plans to offer free warrants to existing holders, in hope to bolster its capital base. The company is to propose and wait for the shareholder’s approval at the Extraordinary General Meeting of Shareholding on Oct 16. (Khao Hoon, 23/09/13) Comment: Every thai trader/shareholder loves free stuff. DTAC DTAC sees large […]
Read More →AJP Moved to mai — AJP was moved to the mai market yesterday. The company’s share price surged an astonishing Bt17.57 to close at Bt17.80, a rise of 7,639.13%. In 2010, shares were trading at only Bt1.10/share. In yesterday’s trading, shares were trading the highest and lowest at Bt17.80 and Bt9.85/share, respectively, with a high […]
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