Well its about that time of year again, rather incredible that they still haven’t figured out how to stop this…where’s Article 44? However, some papers are saying this is a positive with the reservoirs likely to be refilled.. Source: Thaifloods
Read More →Bloomberg had a nice little piece on the recovery of Thailand and the market the other day, it states a lot of what we already know but still a decent summary nonetheless, here are some key points and the link to the rest of the article Private spending jumped by 3.8 percent in the June […]
Read More →ABC ABC is confident that 2016 will turn around and targets 2016 revenue of Bt2bn. It plans to launch Above Sukhumvit 39 project on Sep 9 and hold a grand opening for ABC World on Dec 12. (Kao Hoon, 17/08/16) Comment: Will this condominium be sold via their online channels with pet stores and solar […]
Read More →AJD AJD reported 2Q16 net profit of Bt126.59mn on higher sales at a subsidiary and implementing cost control. It expects 2016 revenue to grow 10-15% from last year backed by transfers. (Thun Hoon, 16/08/16) ASEFA ASEFA expects 2016 revenue to grow 20% backed by mega projects with backlog of Bt1.8bn, of which 60% is expected […]
Read More →Note: This will be the second last Company Interview in the Bangkok Post as, after 9 years, they’ve decided to discontinue publishing them. Together with ShareInvestor we are still figuring out what avenues/channels are best to use in the future, so until then we may not be publishing any new interviews…which is a shame. TV Direct […]
Read More →AGE AGE expects 2H16 to be good. It plans to do a marketing campaign in ASEAN. It is confident that 2016 sales will reach the target of 2.2mn tons. It reported 2Q16 net profit of Bt29mn, up 4% YoY and total revenue over Bt1bn. (Thun Hoon, 15/08/16) AOT AOT reported 3QFY16 profit of Bt5.06bn, growing […]
Read More →Notable Transactions Buy(s) THB 13 mn N/a Sell(s) THB 126 mn HMPRO – The second week running where one of the bigwigs continues to sell shares
Read More →Thai referendum: Military-written constitution approved — A clear majority of Thai referendum voters have backed a draft constitution written by an army-appointed committee. Unofficial tallies show that 61.45% voted in favour. The military threw out the old constitution when it took power in 2014, after months of political instability and sporadic violence. Supporters of the […]
Read More →AKP AKP reported 2Q16 net profit of Bt18.08mn, up 61.6% YoY. It expects 2H16 performance to achieve its target. (Thun Hoon, 11/08/16) BCH BCH expects 2H16 earnings to be good supported by a faster breakeven at WMC than expected. It plans to increase Social Security clients to 800,000. It expects 2016 revenue to grow no […]
Read More →ASK ASK expects revenue and loan growth of not less than 15% on seasonality. It plans to issue a debenture to replace the old one of Bt7.3bn that is expiring. (Thun Hoon, 10/08/16) Comment: It’s more likely that the continued improvement will come from decreased financing costs  BLA BLA reported 2Q16 net profit of […]
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