Notable Transactions Buy(s) THB 370 mn BANPU – Again another purchase by BANPU’s management LH – Looks like they are selling the common stock and purchasing the warrant TYM – Another backdoor listing perhaps? Sell(s) THB 478 mn LH – See above MACO – Most likely linked to VGI NYT – NYT has a wonderful […]
Read More →CENTEL CENTEL expects flat performance in 2Q14 from 1Q14. Although this is its low season, it expects bookings to recover. Net margin for each business is expected to expand. It is confident that total revenue will reach target of Bt19bn. (Tun Hoon, 16/06/14) Comment: CENTEL still a 2nd rate version of MINT, its food business […]
Read More →Now we don’t have a curfew and traffic levels have picked up, bars and clubs look full again, life, as it appears continue to return to “normal” levels.
Read More →Thailand NCPO to push Bt900bn out this week — The NCPO will expedite the budget spending that has been stuck in the pipeline out this week. The Permanent Secretary of Finance will urge government offices to start spending on approved projects in September. This is an attempted to boost government spending after only Bt190bn was […]
Read More →AOT AOT waiting for NCPO approval of City Airport project worth over Bt18bn. Two more of its board members have resigned as the management shakeup continues. (Thai Post, 13/06/14) Comment: I hope, I dearly hope, that the military will not be corrupt. DTAC NBTC takes aim at DTAC with 4G cap – The national telecom […]
Read More →AAV TAA steps up bundling – Thai AirAsia is stepping up its strategy of bundling ground and sea transport with its flights to allow passengers to reach new destinations. The low-cost carrier is adding the southern island resort of Koh Tao and the northeastern province of Mukdahan to its growing list of flights with sea […]
Read More →The army has been moving quickly with the roadmaps for infrastructure to be announced and the BOI reconvening again, looks like full steam ahead for now.
Read More →ADVANC Wholly-owned subsidiary SBN takes 29% stake in IH or Bt3.6mn. It expects this deal will support the establishment of a fiber optics project. (Khao Hoon, 11/06/14) IEC IEC expects net profit growth in 2014 and to eliminate accumulated loss. It expects to pay a dividend in 2015, the first in 15 years, and is […]
Read More →Notable Transactions: Buy(s) THB 233mn BANPU – A director buys nearly THB 30 mn, is Banpu going to return to its former glory? BTS – Massive buy by the owner K. Keeree, to the tune of THB 148 mn  Sell(s) THB 1.15 bn AIT – The key issue I’ve had with AIT is since its […]
Read More →BECL BECL reports traffic cut by curfew. Its traffic volume contracted 2.5% in May and is expected to be negative in 2Q14. It expects traffic growth of 0.5% in 2014. (Khao Hoon, 10/06/14) Comment: This along with the “black market†businesses are all hurt by this curfew in Bangkok BJCHI BJCHI is waiting on results […]
Read More →