Management Trades 03/02 – 07/02
Notable Transactions Chinese New Year and politics must’ve kept management away from trading their shares. Buy(s) THB 33.8 mn N/a Sells(s) THB 17.7 mn N/a
Read More →Tag: SET Index
Stocks in the news (BBL, BMCL, BTS, KTB, PRIN, PSL) 10.02.14
BBL Management aims at 2014 loan growth of 5-7% after 9.2% in 2013. It expects all loans to continue to grow. It aims at SME loan growth at 6-8% to take 28% of total loans. (Khao Hoon, 10/2/14) BMCL Targets 20% passenger growth in 2014 — The managing director of BMCL set passenger growth for […]
Read More →Random Thoughts: Where the hell do you disappear to?
Yes yes I know at times I disappear for a day or two or even three from updating this blog, it has been busy a period, then again it always is, in a given week we have to: Update clients – takes half a day per client Company Visit – takes half a day per […]
Read More →Pigs and Credit
Wonderful monthly letter by Pimco’s Bill Gross talking about the relationship of credit and asset prices with his pig example. Essentially he’s expecting headwinds for the stock markets with the removal of liquidity and thus credit by the Fed for the coming year. Asset prices are dependent on credit expansion or in some cases credit […]
Read More →By shortcuts we fall
Another great op-ed from K. Voranai over at the Bangkok Post, here he openly discusses that fact that because most people in Thailand aren’t willing to finish things 100% and follow the correct procedures and hence the issue that we arrive today in with politics. From tuk-tuk taxis and motorbikes to sports cars and luxury […]
Read More →What happened this week 03/02 – 07/02
Thailand Private businesses see a new government within 6 months, while both Federation of Thai Industry and University of the Thai Chamber of Commerce said that they will revise their forecasts to reflect the new information. (Krungtep Thrurakit, 03/02/14) Exporters seriously damage by the turmoil as distribution chains get interrupted, causing their cash conversion cycle […]
Read More →Stocks in the news (ck, dtac, kbank, mcot, nncl, nok, ps, robins, susco) 07.02.14
CK To issue debentures — CK will issue debentures worth Bt3bn this month and has appointed KTB as its underwriter. TRIS rates CK’s new unsecured bonds at “BBB+â€. (The Nation, 07/02/14) DTAC TAC TriNet allowed to launch 4G LTE service – Telecom committee of the National Broadcasting and Telecommunications Commission (NBTC) on Wednesday approved DTAC […]
Read More →Stocks in the news (ap, bjchi, epco, global, hmpro, sf, vgi) 06.02.14
AP AP expects a great 2014. It expects 2014 presales and revenue of Bt21bn on current backlog of ~Bt11bn. It will launch 19 new projects worth Bt26bn. (Tun Hoon, 06/02/14) Comment: Valuations for AP have become attractive, the whole property sector in fact, we view this all as a trading opportunity BJCHI BJCHI won new […]
Read More →Stocks in the news (bec, cgs, cpf, ea, ktb, nok, sithai, stec) 05.02.14
BEC BEC confirms no need to raise capital after won three channels in the digital TV bidding because it has enough money and it a large amount of content. It expects no need for huge investment and expects a profit in 2014. (Khao Hoon, 5/2/14) Comment: BEC does have a clean balance sheet but it […]
Read More →Mgmt Trades – Jan ’14
Note: Transactions by management displayed are only above THB 20 mn Notable transactions Buy(s) THB 1.8bn BBL – The owner of BBL sees value as he buys more MC – K. Sunee the CEO probably sold shares and bought back during the decline PS – K. Thongma, founder of PS, buys another THB 100 mn […]
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