OISHI OISHI has reset its sales target at Bt14bn, down from the earlier Bt15bn. It expects food to contribute 42% and beverages 58% this year Comment: Looks like the company is still yet to full recover from the floods in 4Q11 SCC SCC buying more in sanitaryware, paper — The SCC board has given the […]
Read More →AH Aapico sure of strong growth — AH expects positive growth for the rest of this year based on the solid car sales in the first quarter. President Yeap Swee Chuan said the Thai car industry will likely continue to rise, with 2.5mn vehicles expected to be produced and sold this year. Its Ayutthaya factories, […]
Read More →Notable transactions Buy(s) – THB 43 mn N/A Sell(s) – THB 215 mn GFM – There seems to be continued selling by management in GFM with the Chairman liquidating THB 40 mn worth of shares PS – A director sells THB 20 mn SPCGÂ – Massive sale by a director, THB 116mn
Read More →Japan dropping 7% in a day, a so-so 1Q13 earnings season, the first 3 months of the year had a baht that was too strong for most exporters and a market that had risen 17% YTD, can’t say we are too surprised. We normally expect for the market to drop for a period of 3-4 days […]
Read More →ThaiBev ThaiBev takes aim at Myanmar, F&N buy opens the door for drinks giant —Thai Beverage Plc (ThaiBev) is seeking a greater presence in Myanmar through its partnership with Fraser and Neave Ltd (F&N), the Singaporean firm acquired earlier this year by the Thai drinks giant. Thapana Sirivadhanabhakdi, ThaiBev’s president and chief executive, said the […]
Read More →QTC Energy Plc, formerly known as QTC Marketing & Service Co Ltd, was established on June 9, 2003 with registered capital of 10 million baht to conduct the businesses of manufacturing and distributing electricity distribution transformers. Director Poonphiphat Tantanasin discusses the company’s strategy and outlook. What is QTC’s business model? QTC Energy Plc is an […]
Read More →This news has local traders and brokers buzzing this morning regarding Shin Corp (ticker: Intuch) and how an “unclear nationality” of one of the major shareholders may cause the stock to be ineligible for the MSCI Index (see the statement below) What’s the impact on the stock? Well a temporarily sharp sell off in the AM, as […]
Read More →VGI VGI ramps up skytrain, Airport Rail Link coverage — VGI will begin selling ads in cross-category packages for the skytrain on October 1. The move will help to increase its gross profit margin by 1-2% and boost revenue to Bt1bn this year. In its cross-category package, clients can buy ad spaces on billboards and […]
Read More →Notable Transactions Buy(s): THB 2 bn CGD – This is interesting, this is a massive buy back by the family members (THB 1.8bn), not sure what the story is at these levels. NWR – Been a wonderful construction co play since the end of last year. TASCO – MD buys shares Sell(s): THB 837mn Forth […]
Read More →The market has been driven almost purely by the technology sector (advanc, dtac, and true) for the month as the sector as a whole is up +9.8% MTD and a whopping +160% over a 12 month period. This week the NESDB will release Thai 1Q13 GDP (which should be rubbish because of the baht’s strengthening), […]
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