Songkran has come and gone and now we are back to watching the wonders of the equities market. The months of March – May are typically the busiest because we have full year earnings out and then 1Q #’s. It’s not too surprising to see that the agro/food sector has been weak this year given […]
Read More →AOT AOT is interested in investing in Mae Sod and Khon Kaen airports to build them up as aviation hubs in the special economic zone. It targets three large projects in the Suvarnabhumi Airport worth Bt130bn to be done by 2021. (Khao Sod, 17/4/17) Comment: It is interesting that the Philippines has been faster at […]
Read More →Finance minister signed agreement to further ease border trades with ASEAN member. The 21st ASEAN Finance Ministers’ meeting in Philippines agrees to ease and facilitate crossborder trade. Thai finance minister signs the 2nd agreement with 6 other nations: Philippines, Brunei, Indonesia, Lao PDR, Singapore, and Vietnam. (PostToday, 11/04/17) Motor Show car sales drop 4.9% from […]
Read More →SEAFCO PCL (SET:SEAFCO): Providing the Foundation for Thailand in a Sustainable Manner TET: Please explain SEAFCO’s history and its business today. South East Asia Foundation Company (SEAFCO) started 42 years ago with a team of five people. During this time we expanded with partnerships and independently to become one of the largest bored piling companies […]
Read More →AAV AAV said load factor has risen to 90-100% on seasonality, more routes and more flights. It expects 1Q17 performance to be good. It plans to open more international routes and increase the number of flights to India. (Thun Hoon, 12/04/17) AOT AOT expects robust earnings in 2QFY17 of Bt6bn aided by 8% passenger growth. […]
Read More →Its rare that the BOT chief will be interviewed on Bloomberg there are one or two decent responses from K. Veerathai regarding the economy and the currency, so enjoy part of the transcript and a link to the rest of the article/video. Question: How concerned are you about a possible protectionist backlash? Answer: In […]
Read More →Notable Transactions Buy(s) 42.9 mn BLAND -Â Â He’s been buying shares for as long as I can remember Sell(s) 28.4 mn N/a
Read More →AP AP expects 1Q17 presales at Bt3.75bn. It plans to launch four projects valued at Bt15.65bn in 2Q17. It expects 2017 presales to hit its target of Bt26bn on the back of the launch of 18 projects with total value of Bt35bn. (Kao Hoon, 11/04/17) BA BA and THAI plan to codeshare in order to […]
Read More →It is Songkran week and what that should mean is very very very low trading volumes.
Read More →ANAN ANAN targets revenue to grow 300% within three years brought by economic recovery. Over the long term, it plans to launch 35 projects. Its existing backlog is Bt25bn. It plans to launch 17 projects worth Bt41.8bn this year. (Thun Hoon, 10/04/07) Comment: Despite the outraegous projection, it is entirely possible given the JV’s they […]
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