ABC ABC plans to launch E-Payment service via WeChat Pay. It intends for this to be a payment application for Chinese tourists. It plans to partner with 10,000 stores. It expects this to contribute revenue of at least Bt1bn/month. (Kao Hoon, 21/02/17) Comment: Right…but then their actual revenue from this may only 1-3%? This company […]
Read More →A quick look through these numbers make me wonder why does consumer products specifically fashion trade at such a huge discount to the market? And despite all these fears regarding interest rates the REIT/property funds still are paying yields of 6%
Read More →Notable Transactions Buy(s) THB 12.6 mn n/a Sells(s) THB 149 mn PYLON – Someone just bought 3% of the company from the major shareholders
Read More →Thiensurat PCL (SET:TSR) Expanding throughout Thailand Thiensurat Public Company Limited (SET:TSR) Chief Executive Officer, Mr. Ekarat Changyoo discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: TSR’s business model has evolved over the past few years. Could you explain these developments and why they were made? Our core customers are […]
Read More →Land tax tweaked to spur activity. The land and buildings tax to be levied on vacant land will increase by 0.5 percentage points every three years until it is capped at 5%, says Deputy Finance Minister Wisudhi Srisuphan . (Bangkok Post, 14/02/17) Ministry of Commerce expects Thai economy to grow 3-4% since higher oil prices […]
Read More →ASAP ASAP plans to offer an IPO of 210mn shares, with subscription in the third week of March and trading on the SET on Mar 30. It will use the funds to build “ASAP Auto Parkâ€, a full-service automotive center at Bangna. (Kao Hoon, 16/02/17) Comment: Love the ticker, no idea on the business yet, […]
Read More →AOT AOT reported 1QFY17 profit of Bt5.1bn or growth of 10%, supported by 6.11% passenger growth to 30.6mn passengers and an increase in flights of 6.94% to 204,000 flights. (Kao Hoon, 15/02/17) Comment: So stock split is done & then its gone ahead and declined on fears of slowing passenger growth and capex of THB […]
Read More →We are starting to see some weakness in certain sectors this year. basically the ones that have done very well in 2016 i.e. every commodity based company.
Read More →Notable Transactions Buy(s) THB 27.3 mn n/a Sell(s) THB 19.7 mn n/a
Read More →DRT DRT has set aside Bt100mn to upgrade its machinery, which it expects will reduce cost and expand margin to 25%. It expects 2017 revenue growth of 5%, supported by customer expansion and home renovations in the south. (Thun Hoon, 14/02/17) Comment: Walking/driving around the provinces over the weekend did give me an idea that […]
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