B99bn allotted for transport in 2017. The government is set to spend 98.8 billion baht next year to develop logistics networks, including three motorways and 10 electric train projects. (Bangkok Post, 7/11/16) CPI tweak for Internet, phone fees — THE COMMERCE Ministry will adjust its inflation calculation system by increasing the weightage for Wi-Fi and […]
Read More →AAV AAV reported 3Q16 net profit of Bt396mn, +333% YoY. Behind this is 21% passenger growth to 4.3mn, opening two new routes, increasing number of flights (Bangkok-Udon Thani), and refinancing of two aircraft. It will pay a dividend of Bt0.15/share, XD on Nov 22. (Kao Hoon, 11/11/16) AGE AGE expects 2016 coal sales to reach […]
Read More →APCO APCO signed a contract to set up a JV company (Bhubhiwat Co., Ltd). It plans to set up a medical facility to treat and prevent viral and infectious diseases by immune stimulation with natural products both at home and abroad. It is talking to parties to set up two more JVs in November. It […]
Read More →ALLA ALLA closed 18.8% above its IPO price on first trading day. It plans to use the funds of Bt432mn to repay debt, build a warehouse and expand business. (Kao Hoon, 09/11/16) Comment: Compared to other smaller IPO’s this was a relatively weak opening the co. Â AP AP expects to transfer seven new projects […]
Read More →THAI SOLAR ENERGY PUBLIC COMPANY LIMITED Name: Cathleen Maleenont, Ed.D. Position: Chairman of the Board and Chief Executive Officer Subject: Sun is shining on TSE October 2016 Please explain the history and business model of TSE The company was formed eight years ago with the aim to be a long-term participant in the renewable energy […]
Read More →An indirect discussion on investments via politics, a democratic system and class warfare. Needless to say it’s quite a good read, see below for a snippet and a link to the rest of the memo. The trends discussed above – and resentment over experiencing them, fear of doing so, and anger upon seeing them at […]
Read More →ASN ASN targets telesales staff of in 2017 from 250 this year. It will submit its 3Q16 performance for board approval this week. It expects sales to grow from online insurance. It expects total insurance premiums to grow 20-25%. (Thun Hoon, 08/11/16) Comment: As a pure broker of insurance they’ll earn ~10% of what they […]
Read More →BIG BIG reported 9M16 net profit of Bt546mn, up109%YoY, boosted by mirrorless cameras. It expects a strong performance in 4Q16 brought by new products and higher sales thanks to many events. It expects 2016 revenue and net profit to mark a record high. Its board approved an interim dividend of Bt0.07/share. (Thun Hoon, 07/11/16) Comment: […]
Read More →So we are in the last two months of the year. Every year for the longest time I always remember brokers calling for the year end rally with LTF & RMF buying as a major source of funds coming into the market but if you look at the 4Q performance of 2013, 2014, and 2015, […]
Read More →Notable Transactions – NONE! Buy(s) THB 4.8 mn Sell(s) THB 9.5 mn
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