The finance sector has been hit hard by the decline in GL which led to subsequent declines in MTLS and SAWAD as well. But the story now is around oil again, we chart out the demand/supply internally and regardless of what the news continues to say we have been seeing supply continually increasing in the […]
Read More →Notable Transactions Buy(s) THB 297 mn SIRI – All the big boys at the company are buying shares, for the dividend or are their numbers going to look positive? Their 4Q #’s did positively surprise several analysts TU – He continues to buy the shares, and I still wonder when will TU be looked at […]
Read More →Five important project auctions in EEC within 8 months. These will use PPP fast-track under Art.44, said Kanit Sangsuphan, head of the Finance Ministry’s working group to enhance private investment. (Thai Rath, 6/3/17) Top private sector group predicts 3.5-4% GDP growth. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has kept its key […]
Read More →ARROW ARROW is studying setting up a plant in Myanmar. It has budgeted Bt30mn to buy machines and improve its products. It expects 1Q17 performance to be good after substantial sales growth in the first two months of the year. (Thun Hoon, 10/03/17) AU AU approved cash and stock dividend. Its 2016 net profit was […]
Read More →BCPG BCPG expects to complete A 50MW wind power plant in the Philippines in 1Q17 and expects to book profit sharing immediately. It showed a solid balance sheet with lower D/E ratio of 0.9X. It expects 2017 EBITDA to grow 20%. It is talking to a prospective partner to take part in a solar farm […]
Read More →AGE AGE is cooperating with a Chinese partner to expand its market in China. It targets sales of 50,000tons/month which will support its target growth of 25-30% from 2.36mn tons in 2016. It plans to implement active strategy both at home and abroad and plans to diversify to logistics and warehouse businesses. (Thun Hoon, 08/03/17) […]
Read More →ABC ABC plans to invest in WeChat Pay project, a mobile payment application for Chinese tourists. It expects this to contribute revenue of Bt1bn/month. It plans to partner with department stores and is looking for other partners as well. (Kao Hoon, 07/03/17) Comment: Where does the news get these magical #’s from?  APCO APCO […]
Read More →I’ve been writing these interviews for the Bangkok Post and now ACN Newswire for the past decade with what has basically been the same generic question list of biz model, financials, industry, differentiation, risk, 5 years. And every once in a while I’ll add the history, AEC and an industry specific question. But what else would you ask? […]
Read More →AAV AAV expects 1Q17 performance to be good on seasonality. It expects load factor to hit 86% against its full year target of 84% with passengers of 19.5mn. It plans to increase both domestic and international routes to handle the CLMV market. (Thun Hoon, 06/0 3/17) AMATA AMATA expects to benefit from high demand from […]
Read More →After a rip roaring start to the market, the market has been experiencing a pullback of sorts. Odd to see that the agri names are continuing their run, we thought that the story has already been priced in. No surprise in seeing automotives recovering (it was a dead sector since ’13). Healthcare continues to be […]
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