AH AH reported 9M16 net profit of Bt400mn, higher than the Bt313mn for the full year 2015 on the back of cost control. It is talking to a prospective partner to expand to India and China. It is studying investment in auto parts for EV cars. (Thun Hoon, 25/11/16) ASIMAR ASIMAR expects 4Q16 performance to […]
Read More →ABICO ABICO reported 3Q16 profit growth of 198% to Bt37.51mn, up Bt24.92mn from 3Q15’s Bt12.58mn. It reported 9M16 net profit of Bt115mn, an increase of 51% YoY. (Thun Hoon, 24/11/16) ALLA ALLA plans to sign a contract to set up a JV in Indonesia in 1Q17. It expects this will help raise the portion of […]
Read More →AAV AAV plans to get six aircraft in 2017 to bring its fleet to 51. It will use the planes to expand its routes. It targets 19mn passengers next year. Its load factor is 84%. (Thun Hoon, 23/11/16) AJ AJ reported 9M16 profit growth of 349% YoY and expects 4Q16 to be good, backed by […]
Read More →So yesterday the government came out with the following stimulus measures. 1) daily minimum wage hike for 69 provinces (out of 77 provinces), by THB5-10 or less than 3% hike, effective from 1 Jan 2017. This is the first hike since 2013, when min wage was upped to THB300 across the country. Only 8 exceptional […]
Read More →BJCHI BJCHI expects a fall in revenue in 2016 as well as profit due to global economic factors and high competition. It has backlog of Bt2.2bn, of which it will book Bt600-800mn this year. It continues to bid for a new jobs worth Bt8.5bn to support 2017 earnings. (Kao Hoon, 22/11/16) Comment: Thus the management’s […]
Read More →ALLA ALLA has backlog of Bt324mn which will continue to book since 4Q16. It is ready to get a new job and expects earnings to be outstanding next year supported by overall investment is recovery. (Kao Hoon, 21/11/16) BSM BSM got a Bt100mn job to produce doors and windows in Papua New Guinea. It plans […]
Read More →So earnings season is done, Trump is in. What’s left to spook or support the markets? We have the Fed coming up and European elections, potential rebalancing by the Funds in their holdings, but in reality I think the market will be relatively quiet until the end of year. Now currencies on the other hand […]
Read More →Notable Transactions Buy(s) THB 163 mn TT – This company seems to be a “holding company” or an “investment company” with stakes in some 4 subs that they may be listing. Why else would the owner bother buying shares? Sell(s) THB 7.7 bn BEAUTY – The huge block sale to institutions MCS – That’s quite a […]
Read More →Digital Currency I’ve been curious as to what the next change in central banking will be..we’ve had the gold standard, the removal of the gold standard leading to the fiat system being more prominent and thereby to the US dollar effectively becoming the world’s currency, the establishment of the IMF etc etc so what’s next? Sweden […]
Read More →Amata Vn PCL (SET:AMATAV) Director and Chief Executive Officer, Mrs. Somhatai Panichewa discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: Please explain the history and business of AMATAV. Amata in Thailand was established 40 years ago and 20 years later, we started to explore more opportunities for expansion into […]
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