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 →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 […]
Read More →IRCP IRCP expects both revenue and net profit growth of 30% YoY. It continues to bid for jobs related to digital TV network. It recently received work from CAT and Thai PBS worth Bt100mn, bringing backlog to Bt600mn. It is negotiating with a partner to get into the set-top box business. (Tun Hoon, 04/02/14) IVL […]
Read More →HTECH HTECH not impacted by political situation, though clients changed production base after they had done marketing in other countries. It is preparing to present its business plan to its board of directors in Feb. It expects revenue growth of 10% YoY in 2014. (Khao Hoon, 3/2/14) IRPC IRPC expects a turnaround in its 2013 […]
Read More →Notable Transactions Buy(s) THB 7.3 mn N/A Sell(s) THB 1.36 bn SGP – A massive block sale of 90 mn shares worth THB 1.36 bn by the Vice Chairman
Read More →The rebound in banks that had kept the market afloat disappeared towards the end of last week and volume has been anameic for the market, with only some THB 20 bn traded (during 2Q13 daily volumes were hitting THB 80bn on some days). Elections have come and gone, the farce that they were, and the market […]
Read More →Byron Wein’s latest commentary is out and he’s advised to be prepared for a volatile here, here he reviews his 2013 surprises, his thoughts on emerging markets, the US economy, Japan’s “third arrow”, interest rates and so forth. See below for a snippet and a direct link to the article. In the second Surprise I thought […]
Read More →This is good thorough article on the cock-up that is the Amnesty Bill that the government pushed through and what repercussions that it has had upon the Pheu Thai party and the political situation it has led to today, in the end, as we’ve written before here, it comes down to the simple fact that… […]
Read More →Thailand Ministry starts loan auctions, Legitimacy of decision in doubt – The Public Debt Management Office (PDMO) will kick-start the bridging-loan auction today in hopes of mobilizing funds to repay rice farmers by the end of this month. (Bangkok Post, 29/01/14) FTI: Manufacturing contribution to GDP to drop by 1% in 1Q14 — The Thai […]
Read More →BSM BSM is preparing to launch two new products during March-April supporting 2014 revenue of Bt700mn, +30% YoY. It said revenue in 2013 beat its target of Bt500mn. It will focus on the healthcare market. (Khao Hoon, 31/1/14) Comment: New products will not have much influence on its performance if the demand in the construction […]
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