Wasn’t that a fun year? See below for the carnage, what I’m finding more interesting at the moment are the dividend plays for March/April this year and names that were bombed out during 4Q15. Fun volatile times ahead and I’ll write more in my random thoughts this Friday.
Read More →Notable Transactions Buy(s) THB 6.3 bn -KCE, BA, TTCL, RS, SAM, SPALI, MAJOR, WHA, SCC, IFEC, BBL, DCORP, BLAND, JMART, TU, SOLAR, TVO, NSI, CBG, SUPER, NMG Sell(s) THB 15.0 bn -BEC, KCE, SAWD, COL, UNIQ, MAX, AP, SAM, JSP, MAJOR, SRICHA, ITD, BA, TMC, AAV Note: Transactions shown are trades above THB 20 mn
Read More →4G Madness Boom! There we go, the most expensive 4G license bidding price in the world, Thailand, take a bow, not only does the country have the most number of coups in recent history it can now have another reason to be in the Guinness Book of World Records. A quick recap: During the week the stock […]
Read More →Power and property strengthen foundation of Thai Polycons SET-listed Thai Polycons Plc (TPOLY) has been in the construction business since 1988 and since diversified into renewable energy and property. President Chainarong Chanpalangsri discusses the company’s strategy and outlook. Please explain Thai Polycons’ history and business model. We started in 1988 initially with 1 million baht in […]
Read More →Quiet Motor Expo — A number of 39,125 orders were placed at Motor Expo 2015, 26.2 per cent below the 53,000 target. The number of orders was also 7.4 per cent below the figures recorded last year. The 13-day show which was wrapped up yesterday welcomed 1.5 million visitors. (The Nation, 14/12/2015) Japan invests in […]
Read More →ANAN ANAN targets 2016 revenue of Bt14.5-15.5bn (43% growth) backed by Bt38bn backlog. It targets sales of Bt21.5-22.5bn with 32% gross margin. It is confident 2015 revenue will reach target of Bt10-11bn. It plans to launch ten projects, valued at Bt22-23bn, next year. (Thun Hoon, 18/12/15) Comment: Perhaps one of the few property companies still […]
Read More →….just as they said, just as it was telegraphed for most of the year, and so what? Currencies haven’t gone crazy, bond markets look ok, even equity mkts are up. Â It has been the biggest non-event which is perfect. So let us go outside and enjoy the “winter” weather that finally has hit BKK today. […]
Read More →AKR AKR expects 2016 revenue to reach a new high of Bt3.2bn backed by a 20MW solar farm in a government unit. It expects revenue from solar farms to comprise of 35% of total revenue from 10% this year. It plans to take part in bidding for the Bt4bn electric transformer project next year. (Thun […]
Read More →AGE AGE plans to expand to Vietnam and Cambodia where demand is high. It expects 2016 revenue to grow 10-20% from this year’s Bt4bn. It plans to expand its seaport, which is expected to increase its capacity by 30%. (Thun Hoon, 16/12/15) Comment: The coal industry isn’t going anywhere and AGE is suffering with it […]
Read More →While they haven’t explicitly stated that they will do a REIT, their announcement this morning stated “As part of its 2016 plan, Big C is also considering monetization options of part of its real estate, in particular the creation of a REIT composed mostly of its shopping centers, while continuing to fully consolidate their results. […]
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