Glow Energy Plc (GLOW) is a group of energy companies with core businesses in generating and supplying electricity, steam, clarified, dematerialised and chilled water to customers. It has a generating capacity of 3,182.55 megawatts of electricity, 1,206 tonnes per hour of steam and 3,400 refrigerated tonnes per hour of chilled water. SET-listed Glow is 69.11% […]
Read More →According to Bloomberg, Thailand still ranks as the #1 destination for Medical tourism… Source: Bloomberg … a quick look at Bumrumgrad Hospital (ticker: BH) revenue contribution for the past 2 fiscal years demonstrates how important medical tourism is to the hospital industry here in Thailand. Source: Bumrumgrad Hospital 4Q12 Report
Read More →Notable Transactions Buy(s): THB 194 mn GFM – Continuation of a shift within the family holdings PPP – Hmmm..the chairman/CEO purchases nearly THB 50mn worth of shares Sell(s) THB 93 mn GFM – See above SIM – President sells THB 24.5 mn worth of shares, well SIM has been trading as high as 75x P/E, […]
Read More →Amata: Still confident of EIA backing. Amata Corporation is confident the environmental impact assessment (EIA) for its 3,500-rai expansion at Amata Nakorn Industrial Estate will be approved this year, ending a long dispute with communities. The company maintains the land sales target of 3,000 rai in 2013, up from 2,800 rai last year. (Source: Bangkok […]
Read More →AMATA Amata expands industrial estates as Chinese flock in – Amata Corp, Thailand’s major developer and manager of factory estates, is set to expand its industrial zones to cater to Chinese investors, who are expected to set up 300 to 500 plants in its zones in the next five years. (The Nation, 03/07/13) Comment: Well […]
Read More →Thailand Household debt on upward tilt — Household debt has hit a fresh high, particularly among low income earnings, who remain widely exposed to loan sharks, says the University of the Thai Chamber of Commerce. The latest UTCC survey of 1,200 respondents found mot of them (64.l5%) had average household debt of Bt188,774.54, up by […]
Read More →Notable Transactions: Buy(s): THB 381 mn BLAND – K. Anantttttt is back in the fold GFM – This seems to be a continuation of a shift of ownership between family members MAJOR – Quite interesting, it isn’t often to see K. Vichai buy shares in MAJOR and this despite the fact its not trading that […]
Read More →AOT: Expects good earnings. Airports of Thailand (AOT) expects arrivals to grow 19% this year to 85m. The company also expects 2H13 earnings to show strong yoy growth on the back of the absence of forex loss. This is because the company has swapped its yen loan to baht (worth Bt10b). (Source: Khao Hoon) Comment: […]
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