Effective at the end of this month (30 November), Thailand’s MSCI weighting will be cut from 2.23% to 2.16%, so don’t be surprised to see the major names (energy, banks and telcos) have selling this week and next
Read More →AMATA AMATA expects 4Q15 revenue to be healthy even though it cannot reach the target of selling 1000 rai of land this year. It has sold only 493 rai of land in 9 months. (Thun Hoon, 27/11/15) Comment: It’s the usual cycle for industrial estates in Thailand. AOT AOT expects 4Q15 profit of at least […]
Read More →A succinct article by my friend who is analysing the changes and developments of Myanmar’s political system. Enjoy the few snippets below and a link to the rest of the article. With an estimated 80% voter turnout, most electoral observers declared the voting process to be largely smooth and peaceful. Despite structural disadvantages and credible reports […]
Read More →AUCT AUCT will focus on urban areas in the east next year and is preparing to expand its line of business to boost revenue. (Khao Hoon, 26/11/15) Comment: Still a wonderful asset-light business model, but don’t care much for its valuation at the moment CSS CSS expects to have 2015 revenue of Bt4.8bn and get […]
Read More →ADVANC Advanced Wireless Network (AWN) paid Bt20.493 billion to the National Broadcasting and Telecommunications Commission (NBTC) yesterday as the first installment of the 1,800MHz license upfront fee. (Khao Hoon, 25/11/15) Comment: And TRUE hadn’t paid their first part yet. Surprised much? Eyes are now fully focused on the remaining 900 MHz that should be up […]
Read More →The continued saga regarding the slave labour utilised by yet to be mentioned Thai firms is continuing to pick up in the news with Nestle recently stating that yes there were obvious signs of human rights abuse Nestle, among the biggest food companies in the world, launched the investigation in December after reports from news […]
Read More →ACAP ACAP reported 3Q15 net profit of Bt3.82mn backed by loan growth. It expects 2016 revenue to be good as it focuses on SME loans. It targets Bt600mn in SME loans in 2016. (Khao Hoon, 24/11/15) Comment: That is their existing business line, there were talks that it was going to expand into other businesses […]
Read More →ABC ABC plans to do M&A and acquisition. It is talking to acquire two property projects and expects the deal for one to be concluded this year. It plans to launch the Bt2.5bn ABC Residential condo. It plans to introduce a new service “E-Payment†in December. (Khao Hoon, 23/11/15) Comment: We are still confused about […]
Read More →With 3Q15 earnings out and generally disappointing all around as per most people’s expectations the market seems to have taken this into full stride and rebounding slightly during the past week, why? Well GDP numbers are looking slightly better, the government has pushed through some of the infrastructure projects and seem rather hell-bent on definitely […]
Read More →Notable Transactions Buy(s) THB 396 mn BA – And he’s back to buying BA shares! RS – He continues to buy back shares left right and center WHA – This country is called amazing Thailand, and the thai stock market is no different, the reason for WHA’s decline was because of rumours that a major […]
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