Thailand Thailand’s manufacturing production index (MPI) shrank 4.4% YoY in February, the 11th straight monthly contraction. The body will cut its 2014 GDP forecast to 2-2.5% from 3-4%. (Krungtep Thurakit, 29/03/14) Politics plagues BoI applications, dropping by over 50%. It hopes to be able to get a new board after the Songkran holiday, hoping a […]
Read More →CPN CPN will invest more than Bt50mn in digital platform and release a new CentralWorld App targeted at the new generation. CPN hopes the new app will help push sales up in 2Q and 3Q. (Khao Hoon, 04/04/14) DELTA DELTA to focus on the ASEAN market. It says performance in 1Q14 was very good, with […]
Read More →DTAC DTAC hopes to pay out dividend again at Bt1.60/unit in 1Q14 after clearing its accumulated losses of Bt15.9bn. It expects revenues for 1Q14 to touch Bt24bn with net profit at Bt2.85bn, and 2014 net profit estimated at Bt12.2bn. (Khao Hoon, 03/04/14) Comment: The dividend machine that is DTAC continues EASON EASON will be investing […]
Read More →AOT AOT to book final flood claim in 2014 — AOT says it will be receiving the remaining compensation for the flooding of Don Muang airport of Bt900mn from total of Bt1bn that it expects to book this year. Don Muang airport’s management reports more than Bt336mn charter flight booking in April. (Khao Hoon, 02/04/14) […]
Read More →AMATA AMATA says 1Q14 investment slowed due to political instability. It expects investment to return once calm is restored. It is negotiating with 7-8 foreign investors. (Khao Hoon, 01/04/14) Comment: Not much of a surprise here, but its good value still @ these prices. AOT AoT banks on ‘airport city’ plan to boost revenue – […]
Read More →Notable Transactions Nothing at all!
Read More →Well the market somehow bounced up in the final hour on Friday, why? Everyone seems to think its window dressing. We had a Senate Election over the weekend, only a 42% turnout, well thats rubbish, and today Yingluck is supposed to go meet with the NACC to defend herself in regards to corruption around the […]
Read More →AMATA Cutting back — Management expects to lower its investment in 2014 from the usual Bt3bn annually. It will put off land development and street construction due high cost. It will continue to invest once the political situation recovers to normal. Currently, it has 14000 rai waiting for development and 2200 rai already being developed. […]
Read More →So we went through the 4Q13 numbers just to see which sectors rocked and here they are: Tourism & Leisure sector was the best in terms of % change in NI (+266.7% YoY) followed by Food & Beverages (+59.2% YoY) and Electronic Components (+48.6% YoY) For the smaller sectors, Professional Services showed an increase of […]
Read More →Niche focus keeps Thai Rung Union Car rolling ahead of its competitors Thai Rung Union Car Plc (TRU), a Thai-owned company established in 1967 and listed on the Stock Exchange of Thailand in 1994, is a leading automotive industry operator that offers fully integrated services from product design and development to production of various kinds […]
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