Management Trades 05/02 – 09/02
Notable Transactions Buy(s) THB 15.2 mn N/A – but BLAND’s owner is buying again Sell(s) THB 1.7 mn N/A
Read More →Tag: Thailand
Pheu Thai Comeback?
Under the constitution, post-election Thailand would have a military-appointed senate and elected lower house. A prime ministerial candidate must achieve a majority in a joint vote of both chambers, making it challenging for Pheu Thai to emerge with the leader even if it takes control of the lower house. “Before this, three years ago, these people […]
Read More →WHTW Top 10: 05/02 – 09/02
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIP) concerns on baht deprecation will affect competitiveness of Thai businesses. It says Thai Baht has appreciated by 4% in January and it forecasts the baht at 32 per US dollar on average for 2018. It also says BOT should be stringent on currency speculation and […]
Read More →Stocks in the news (bjchi, ekh, gulf, iii, ivl, lhbank, richy, snc, wave) 09.02.18
BJCHI BJCHI has won Bt150mn worth of steel processing project in Chile, which it expects to book the revenue in 1Q18. It is going to bid for new projects, worth Bt8bn. (Khao Hoon, 09/02/18) EKH EKH targets 2018 revenue to grow by 8-10% to Bt600mn, brought by the opening of IVF center. It expects this […]
Read More →Stocks in the news (bcpg, bts, cho, global, gpi, mtls, sc, sena, siri) 08.02.18
BCPG-BTS BCPG and BTS are partnering with four parties to establish an industrial estate, Smart Park, in Map Ta Phut. BCPG will develop the utilities and green energy in the industrial estate, while BTS will develop the internal logistics system. (Khao Hoon, 08/02/18) Comment: More and more competition in the area, whilst AMATA and WHA […]
Read More →Stocks in the news (ap, chewa, ggc, ktis, itel, mk, mm, pace, star, tpoly) 07.02.18
AP AP targets 2018 revenue at Bt28.1bn and presales at Bt33.5bn. It is going to launch 34 projects, worth Bt49bn after making a new high for 2017 presales of Bt42.9bn. (Khao Hoon, 07/02/18) CHEWA CHEWA plans to launch new projects worth Bt3.75bn. It targets 2018 revenue to grow by 20% to Bt2.4bn. It believes the […]
Read More →Stocks in the news (advanc, gc, lh, ori, ptt, seafco, super, tpipp, tta, uv) 06.02.18
ADVANC ADVANC announced a dividend on 2H17 of Bt3.57/share, XD on 5 April, giving a total 2017 dividend of Bt7.08/share, a yield of approximately 4%. It reported 2017 earnings of Bt30.077bn, falling 1.9% from 2016. (Khao Hoon, 06/02/18) Comment: How did the eke out decent #’s? Cost cutting. How can they grow? Questionable…although apparently broadband […]
Read More →USDTHB vs 10yr THB Gov Bond
As requested. Here’s the USDTHB vs the 10 year thai gov bond yield over the past 7-8 years. A quick regression showed: High correlation between 2011-3Q14, 2H16 – now. What reason(s) could there be for 3Q14-3Q15 breaking the trend? US Fed rate hike cycle beginning – granted in 2013 they begun talking about it leading […]
Read More →Stocks in the news (age, gold, human, itel, msc, prm, pylon, vte, wiik) 05.02.18
AGE AGE says coal sales are booming in 1Q18, spurred by high demand from China and Vietnam. It believes this will lead to a 25% growth in 2018 sales to close to 3mn tons. It has budgeted Bt200mn to buy 12 ships, as it is going to expand its logistics business to its full potential. […]
Read More →Market Update 29/01 – 02/02
As of writing, things are looking red throughout the region for equities. So to everyone that has said “I’ll buy the dip!” Are you going to?
Read More →