Notable Transactions Buy(s) THB 46 mn N/a Sell(s) THB 142 mn KSL – This director sells a rather large stake @ ~ THB 80 mn BEAUTY – Looks like a block trade again from Beauty, no idea which fund picked it up this time.
Read More →New talks on G2G rice deal with China — THE GOVERNMENT plans to renegotiate with China deals for the sale of rice and other agricultural products after deciding to go it alone in the Bangkok to Nong Khai high-speed rail project instead of engaging in a joint venture with the economic powerhouse. (Bangkok Post, 10/5/16) […]
Read More →ACAP ACAP reported 1Q16 profit of Bt16mn, up 244%, after changing strategy to focus on major customers and get new ones. It targets loans of Bt2bn by end-2016. (Kao Hoon, 13/5/16) BKD BKD reported net profit of Bt16.59mn, growth of 27%. It plans to reverse doubtful account of Bt28mn and profit on a delayed project […]
Read More →Changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of May 31, 2016. MSCI Thailand: Â Â Â Â Â Â Â Â Â Â Â Â (+2) EGCO, ROBINS Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (-) […]
Read More →APCO APCO reported profit growth 12.16% in 1Q16 supported by increased sales. It plans to expand its business nationwide. It targets revenue growth of no less than 10% in 2016. (Thun Hoon, 12/5/16) Comment: They have yet to be able to reach the heights that everyone was expecting 2 years ago  BEAUTY BEAUTY reported […]
Read More →BEM BEM expects to open MRT Purple Line on Aug 6. It expects this to increase 2016 revenue growth to 15% as it will book Bt500mn/quarter as operating revenue. It expects 60,000 passengers/day. (Khao Hoon, 11/05/16) BIG BIG reported 1Q16 earnings of Bt234mn (221% growth) thanks to the boom in digital cameras. It expects revenue […]
Read More →There is something both ridiculous and beautiful about traditions in any culture, and the same holds for the annual sacred oxen festival where 2 “holy” sacred oxen will dictate the fortunes of the country. The results this year were that there will be plenty of food and water for agriculture and that communication and foreign […]
Read More →ADVANC ADVANC reported 1Q16 profit of Bt8.1bn on revenue of Bt37.25bn. It has 38.9mn subscribers. It will maintain its EBITDA at 37-38%. It will keep its dividend payout at 100%. It continues to expand subscriber numbers and its 4G network. It will bid for 900MHz on May 27. (Thun Hoon, 10/5/16) Comment: 1Q16 demonstrated the […]
Read More →Just imagine how the market would be performing if it weren’t for the rapid rebound in oil prices?
Read More →AMATA AMATA expects to sell 1,000 rai of land this year because of high demand in 1Q16 from Chinese, Japanese, and Korean clients. It expects to sign a contract for the sale 400-500 rai soon. (Khao Hoon, 09/05/16) CK CK plans to take part in Bt480bn in bids and expects to get 20-25% to add […]
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