Notable Transactions Buy(s) THB 10.7 mn N/a Sell(s) THB 431.3 mn PACE – Didn’t he just buy a serious amount of shares not too long ago? Cashing out to prepare for a future PP/capital increase perhaps? HOTPOT – This is the sale of shares to TFD and the owner of TFD most likely STAR – […]
Read More →The Thai stock market has been rather volatile because rumours of the King’s health in September and his unfortunate recent passing. A lot of questions were asked throughout the market regarding how on earth did the market rebound so quickly the day of the event. Some say it’s a “Sell the rumour, buy the fact” others point […]
Read More →Fed’s Yellen sees benefits in letting inflation exceed central bank’s 2% target. It may be wise to run a “high pressure†economy with a tight labor market to reverse some of the negative effects of the Great Recession, Fed Chairwoman Janet Yellen said Friday. (Marketwatch, 15/10/16)  Consumer Sentiment in U.S. Unexpectedly Drops as Outlook Sours. […]
Read More →AGE AGE expects 2H16 earnings to grow thanks to a strong rise in coal price. It expects coal sales volume of 2.2mn tons in 2016. (Kao Hoon, 21/10/16) BBL BBL reported 3Q16 net profit of Bt8.06bn, growth of 12%, with 9M16 net profit of Bt23.55bn, down 11% YoY. (Post Today, 21/10/16) BIG BIG signed a […]
Read More →APCO APCO will increase capital, issuing 238.37mn shares as a rights offering. It plans to do a JV with three companies in Oct-Nov. It plans to expand its distribution channels to expand 2017 revenue. (Khao Hoon, 20/10/16) Comment: Distribution channels is the name of the game for MLM companies like APCO Â BA BA expects […]
Read More →ALLA ALLA plans an IPO of 150mn shares. The price will be set by the end of October. It expects to trade on the SET in mid-November. It will use the funds to build a warehouse, expand its factory, invest in a JV in Indonesia and as working capital. (Kao Hoon, 19/10/16) Comment: Another small […]
Read More →ARROW ARROW expects earnings to grow supported by its pipeline business and system construction job, where it has a market share of more than 60%. It expects to get an underground cable job from the government worth more than Bt140bn. (Thun Hoon, 18/10/16) Comment: Thun Hoon must’ve mistyped a few zeroes here. Â AUCT AUCT […]
Read More →AMATA AMATA expects to sell 1,000 rai this year even though it has sold only 300 rai so far. It is negotiating with a Chinese investor and expects to finish the deal in 4Q16. It expects the plan to invest in an industrial estate in Myanmar to conclude in 2016. It plans to get into […]
Read More →Well that was one volatile week. Like a lot of others, I was properly surprised by the sudden local institution buying on Thursday and definitely had expected for the market to go to 1,200 if not lower. Does this mean that the volatility is over? Nope far from it, but from where I’m sitting I […]
Read More →China places first order for Thai rice under last Dec’s G2G deal. CHINA has agreed to place the first purchase order for 100,000 tonnes of Thai rice under a government-to-government (G2G) contract for a total of one million tonnes, which was signed last December. (The Nation, 12/10/16) All satellite assets to move to infra fund. […]
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