AOT AOT expects 3Q16 earnings growth of 16.3% YoY supported by tourism recovery and low oil price. It expects to benefit from competition between low-cost airlines. (Thun Hoon, 27/07/16) BCP BCP expects 2016 EBITDA from retail business grow to Bt3bn supported by low oil price. It has budgeted Bt15bn to expand and renovate its petrol […]
Read More →Its always interesting to note who the participants are in the market. The advent of mutual funds, tax benefits and continually decreasing interest rates have led to local institutions becoming larger and larger holdings in equities versus pre 2010. It does appear that the prop desks aren’t doing that well (if they sell less than […]
Read More →Notable Transactions Buy(s) THB 165 mn IHL – That’s a rather large chunk that this director took, must’ve been a block trade between the major shareholders AJ – This naughty name, just a switch of ownership between family members Sell(s) THB 76 mn AJ – See above
Read More →+17% this year, what economic slowdown? What political crisis? Arguably the best performer in the world in USD and local currency terms. So what’s next? Next month may be another one full of turmoil with the constitution vote on the 7th August. Fun times for sure.
Read More →AOT AOT expects 3QFY16 net profit to hit Bt4.9bn, up 21%, giving 9MFY16 net profit of Bt15bn, up 17%. This came from higher passenger pass-through of 90mn passenger in the first nine months (+12%). (Khao Hoon, 26/07/16) Comment: Altogether now, 1, 2, 3, amazing thailanddddd. BKD BKD expects to get jobs worth Bt300bn in 2H16 […]
Read More →ACAP ACAP plans to expand to Cambodia and Myanmar via subsidiary “Capital OK†and expects to conclude the deals this year. It targets loans to reach Bt3bn after reported 1H16 loans of Bt2.1bn. It plans to issue a new debenture worth Bt600mn in 4Q16. It expects to list a subsidiary on the SET. (Thun Hoon, […]
Read More →New investment in 2nd half to hit Bt466 bn, says finance minister — THE ECONOMIC Steering Committee estimates that new investment from the public and private sectors in the current second half of the year will be worth Bt466 billion and provide more than 67,000 jobs, Finance Minister Apisak Tativorawong said after a meeting of […]
Read More →AP AP expects 2H16 earnings to be good supported by first time booking revenue from JV with Japanese partner. It expects revenue from the JV to increase in 2017. It plans to launch 13 new projects worth Bt25bn in 2H16, which will help it meet its presales target of Bt31bn. (Thun Hoon, 22/07/16) BIG BIG […]
Read More →BEM BEM expects 2Q16 earnings to be good supported by expressway and BTS passengers. It expects 2016 revenue to grow 2.1% from last year. (Thun Hoon, 21/07/16) EPCO EPCO announced that it has postponed paying Bt117.50mn for a PP from July 15 to Aug 15, 2016. (Kao Hoon, 21/07/16) GPSC GPSC expects 2Q16 profit to […]
Read More →A Areeya expects 2H16 to launch 6 new projects in total worth Bt5.6bn. It will maintain its 2016 sales target of Bt10bn and expects revenue of Bt7bn. It will bid for a government housing project this week. (Kao Hoon, 20/07/16) Comment: It will be interesting to see the outcome of the government project work. Plus […]
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