ABC ABC expects 2017 earnings to be good and targets revenue from property business of 70% and e-business of 30%. It plans to focus on two projects, Above Sukhumvit 39 and ABC World via abcpoint and WeChat. It expects to be the leader in financial innovation. (Kao Hoon, 27/02/17) AGE AGE expects 2017 coal sales […]
Read More →Earnings season is coming to an end and its been the usual hectic period. All in all I would say it’s been a relatively disappointing period albeit a lot of analysts are saying its due to the silent period that occurred post the event in October last year.
Read More →Notable Transactions Buy(s) THB 36.5 mn TU – The owner buys more shares, I have often wondered at what point will TU be considered a consumer company versus an agricultural company Sell(s) THB 87.8 mn ABC – Hmmm, ok, I thought that the future was Absolutely Bright with Certainty! K – Most likely a block […]
Read More →Eurogroup’s Dijsselbloem rules out Greek bailout deal by Feb. 20. Greece and its international lenders are not expected to reach agreement on the country’s bailout progress before a meeting of euro zone finance ministers on Feb 20, Eurogroup President Jeroen Dijsselbloem said on Tuesday. Talks between Athens, its European Union lenders and the International Monetary […]
Read More →AKR AKR expects 2017 revenue growth of 50% to reach Bt2.5bn and expects 1Q17 earnings to be unchanged from 1Q16. It has backlog of Bt700mn, all of which it will book this year. It is waiting to bid for government projects valued at Bt2.5bn and expects to get 10-15%. It continues to sell solar panels […]
Read More →AMA AMA reported 2016 profit growth of 13% to Bt143mn. It plans to add one ship and begin shipments of palm oil to China, South Korea, Japan, Pakistan, Sri Lanka and Bangladesh. It expects 2017 revenue to continue to grow. (Kao Hoon, 2 3/02/17) AOT AOT is confident that it will not have to pay […]
Read More →A A expects 1Q17 sales to reach Bt2bn, with total sales of Bt9bn in 2017, bringing revenue of at least Bt6bn. It plans to launch eight new projects with a total value of Bt7.4bn. It has budgeted Bt1bn to buy land to develop new projects. (Thun Hoon, 22/02/17) Comment: The company seems to be continually […]
Read More →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
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