Notable Transactions Buy(s) THB 7 bn BTS – A trade between father and son RS – Despite the company selling treasury shares the owner still continues to buy NBC – Involved in both NMG and NBC IFEC – A share swap between tnhe two major shareholders SYNTEC – This “smaller” construction co has been able […]
Read More →AJD AJD announced a par reduction to Bt0.01 from Bt0.10 to enhance the stock’s liquidity. It plans to list subsidiary, Happy Vision on mai next year. It targets doubling revenue this year after entering the entertainment business and expects to sell 4mn set-top boxes this year. (KrungthepThurakij, 2/3/15) Comment: Stock split! ANAN ANAN to go […]
Read More →The market has struggled to stay above 1,600, what with oil prices still below 50, telecom’s being hurt from the postponement of 4G and the fact that most companies earnings aren’t really that strong (bank lending was negative for the first time in years). Â Going forward a few more companies still need to release their […]
Read More →Bored at work this morning? Buffet’s latest annual letter is out and here are three comments I found interesting Charlie and I encourage bolt-ons, if they are sensibly-priced. (Most deals offered us aren’t.) They deploy capital in activities that fit with our existing businesses and that will be managed by our corps of expert managers. This means […]
Read More →Notable Transactions Buy(s) THB 139 mn SAMTEL – A director buys a sizeable portion, SAMTEL did have so-so earnings in 2014, but are expected to win several government projects in 2015. NMG – The Vice Chairman continues to buy sizeable stakes in his business. Sell(s) THB 280 mn7 NINE – The major shareholder (chairman) decides […]
Read More →Rapid recovery after fire keeps SVI on course SVI Plc provides electronics manufacturing services (EMS) to customers who are original-equipment manufacturers and design houses, focusing on box-build and system-build product manufacturing. Chief executive Pongsak Lothongkam discusses the company’s strategy and outlook. What is SVI’s business model? SVI focuses on two segments, industrial and high-end electronic […]
Read More →ANAN ANAN reported strong profit growth of 60% YoY in 2014 to Bt1.3bn. The company will pay a cash dividend of Bt0.068/share, XD on Apr 21. ANAN expects revenue to reach Bt11bn on backlog of Bt27bn. Twelve more projects will be launched with total project value of Bt32bn. (Kao Hoon, 27/02/15) Comment: And yet still […]
Read More →Well ok not all Thai Banks are risk takers, but this one line caught my eye in this morning’s paper. Pace entered into an agreement for the purchase of one of the world’s most iconic gourmet food brands, Dean & DeLuca, as well as its global business and assets last November for US$140 million from […]
Read More →AAV AAV’s net profit was Bt183mn in 2014, down 82% YoY, dragged down by weak operations in 1H14 from the political unrest. (Kao Hoon, 26/02/15) Thai AirAsia will open new route Bangkok-Burirum on April 2, its eighth route into the northeast of Thailand. Thai AirAsia will then cover all major cities in the northeast. It […]
Read More →Want to understand why names like GL, TK, and today’s S11 are performing so well? Mortorcycle sales have recovered from their lows last year, see the key points below. The automotive industry club of the Federation of Thai Industries (FTI) on Tuesday reported January car sales dropped by 12.9% year-on-year and 33.3% month-on-month to 59,669 […]
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