CHO CHO reports more than Bt1bn in backlog and will sign a contract for a Bt700mn new job. It expects earnings for 1Q14 to continue to be strong and revenues this year to grow by at least 15%. (Khao Hoon, 20/03/14) Comment: A unique business here as they build niche trucks/vehicles and ships of all […]
Read More →AH Aapico to slim down on costs- Aapico Hitech Plc (AH), the SET-listed automotive parts manufacturer, plans to maintain its 2014 profit margin at 3-4%, the same level as last year, even though its revenue is expected to fall by 5-10% in line with sluggish domestic car sales. (Bangkok Post, 19/03/14) Comment: AH has a […]
Read More →International Tourist arrivals came out down 8% YoY for Feb and thats grabbed all the headlines, but tourism related stocks (hotels, airlines) have been doing very well in the past 1-2 months b/c all the news re the protests have already been priced in since the first week of the year. The question we’ve been asked […]
Read More →AAV Thai AirAsia to begin major push to lure back tourists – Thai AirAsia is preparing to work with the AirAsia network regionally to promote Thailand more aggressively to revive a stable flow of foreign tourists into the Kingdom after it was hit by prolonged political turmoil, while in the process meeting its cabin-factor projection […]
Read More →We have an interesting few weeks coming up with politics in Thailand: Yingluck has been given a 15-day reprieve by the National Anti-Corruption Commission (NACC), so by the 29th March she will have to present her defence and then the NACC will conclude an impeachment case -> nothing positive out of this for her. The […]
Read More →I’m loving these weekly chart updates, because despite the fact that we have protests and GDP issues, the market is up 5.7% for the year, and apparently the property market is going to be hurt badly, well the sector is up +7.3% for the year, and banks are going to suffer as well!! But..the sector […]
Read More →Notable Transactions Buy(s) THB 115 mn AMATA – Director buys THB 29.6 mn near the bottom the stock price in the past month STPI – Owner buys THB 67 mn also near the bottom for the stock price in the past month Sell(s) THB 180 mn MEGA – Continued selling by management/directors, this time THB […]
Read More →ANAN ANAN expects to report Bt1.5bn in revenues in 1Q14, a 50% increase YoY, supported by booking revenue from its condo, Ideo Mobi 4. (Khao Hoon, 17/03/14) AOT Phase 2 to move as planned — AOT says that Phase 2 of Suvarnabhumi airport worth Bt62.50bn will go as planned. It will draft the TOR this […]
Read More →Over the past 2 weeks we’ve attended numerous AGM’s and EGM’s and what I don’t quite understand is why some investors have to stand up and complain like whiny children about a company’s performance. If you don’t like a company/a stock, just sell it, that’s the beauty of investing its a real time beauty contest. […]
Read More →S. Khonkaen Food Plc (SORKON) is a major producer of Thai-style sausages and dried, shredded pork. In recent years the SET-listed company has branched out into food retailing and restaurants and is also pursuing other market opportunities. Chief executive Charoen Rujirasopon discusses the company’s strategy and outlook. Northeastern and Thai-Chinese dishes have broad appeal, says […]
Read More →