ANAN ANAN expects to outperform its sector within the next three years. 2Q17 will benefit from strong sales volume . (Thun Hoon, 2/6/17) Comment: Let us hope for their sake that the property market continues it strength in new developments. BIZ BIZ received loan approval from CIMB Thai for the Cancer Treatment Center at Chulalongkorn […]
Read More →ASP ASP will finalize in venture capital investment in Israel in June. The investment budget is expected to be US$1-2mn. It expects 2Q17 revenue to be higher QoQ, as it is the underwriter of several IPOs. (Thun Hoon, 1/6/17) BCP BCP expects 2017 EBITDA to grow above 20% after 1Q17 earnings were better than expected. […]
Read More →AQ SET is ordering AQ to announce details on its equity increase worth Bt150bn and its impact on shareholders, as well as its private placement deal and debt repayment of Bt10bn by June 1. (Bangkok Post 31/5/17) BIZ BIZ is in talks with 8-10 public and private hospitals to install its radiotherapy machine worth in […]
Read More →AAV AAV expects this year’s performance to be robust supported by strong tourism and route expansion. The company expects the number of passengers to reach 19.5 mn with load factor at 85-86%. It also looks to open a new route to Vietnam in June. (Thun Hoon, 30/05/17) Comment: Still the best airline operator in the […]
Read More →AH AH expects contribution from SGAH in 3Q17 on top of an additional US$10mn in interest income. The process is expected to finish 2Q17. The company aims to improve this year’s performance by reducing cost and efficiency. (Thun Hoon, 29/5/17) Comment: And that has helped propel its stock price by some 11% today. ASP ASP […]
Read More →The SET has delivered +1.7% for the year and the change in sector is still the same, i.e healthcare leading the decline and industrials keeping the market up.
Read More →Notable Transactions Buy(s) THB 496 mn BDMS – The founder begins to buy back his shares GBX – Why would the Chairman buy ~5% of this company? BLAND – And he keeps buying and buying. Sell(s) THB 123 mn n/a
Read More →4 Questions There has been a lot of noise regarding the PM’s four questions last week post the bombing at the Phramongkutklao hospital where the military typically visits. The first question asked whether people think the next elected government will ensure good governance. The second question asked what should be done if there is no […]
Read More →Fed’s Kaplan backs view for two more rate hikes this year. Robert Kaplan, the president of the Dallas Fed, said he wasn’t worried about the strength of the economy or the outlook for inflation and said he expected the U.S. central bank to raise short-term interest rates twice more this year. With growth registering only […]
Read More →AH AH will invest Bt3.52bn to take 25% of Sakthi Global Auto Holdings Limited (SGAH). Funding will come from US$25mn in cash and US$75mn in loans from financial institutions. After the purchase, SGAH will undergo restructuring. (Kao Hoon 26/05/17) Comment: I hope that it won’t be a mess of an acquisition like the KPN purchase […]
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