SCI Electric Plc was listed on the Stock Exchange of Thailand in October last year. CEO Kriangkrai Pheanvitayaskul discusses the company’s strategy and outlook. Please explain SCI’s history. SCI started 50 years ago, focused on electrical power systems. Over the years as Thailand developed, specifically with the industrial estates and development zones such as Map […]
Read More →AIT AIT has backlog of more than Bt3bn. It plans to bid for new jobs from both the government and private entities. It plans to announce a partner with which it will engage in data center operations in August. It is confident that 2016 revenue will reach Bt5.7bn. (Thun Hoon, 15/07/16) Comment: Well then who […]
Read More →ANAN ANAN and Mitsui Fudosan plan to set up associated companies and launch three projects at the end of this year. It expects this to bring up backlog from Bt38bn, which can cover revenue until next year. It plans to buy land. (Thun Hoon, 14/07/16) Comment: And their growth is effectively secured for the next […]
Read More →GIFT GIFT is talking to a prospective partner to set up a subsidiary to operate in the power business with a 25% stake. It plans to expand to the utilities business with cash on hand of Bt230mn. It expects to list on the SET, with finalization in a month. It expects 2016 revenue to mark […]
Read More →BSM BSM expects 2H16 earnings to be good supported by high season. It expects to get Bt50mn in orders from Myanmar and Cambodia. It is confident that 2016 profit will be higher than last year and expects revenue of Bt700mn. It is negotiating with a partner to expand its business. (Thun Hoon, 12/07/16) BEW BEW […]
Read More →BANPU BANPU expects to benefit from BPP because it has a 70MW solar farm in China. It expects the remaining 20MW to start up by 3Q16. (Khao Hoon, 11/07/16) BJC BJC has cancelled its capital increase PP of 800mn shares as investors needed more time to decide but the company had time constraints. It will […]
Read More →Notable Transactions Buy(s) THB 83 mn PSTC – The Chairman of this relevatively new renewable energy player bought some 2% of shares Sell(s) THB 36 mn N/a Note: Interesting to see Evolution Capital changed their name to Food Capitals and the stock price somehow spikes.
Read More →Banks seem to have picked up steam with analysts and investors believing that the worst is over for the sector. Agriculture has been on a run lately on the back of increasing commodity prices as well. Â Going forward we have earnings season starting! Fun times ahead
Read More →Bill Gross – Monopoly The latest paper from Bill Gross is focused on credit, credit growth and a usual critique of central bankers. So why bother with this? Well it’s a good concise argument that slow credit growth has led to sub-optimal global GDP growth and perhaps the original methods of running a central bank […]
Read More →Central bank laments lack of private investment — Thailand’s economic conditions are expected to improve in the second half propelled by public expenditure, but a low private investment ratio still constrains the country’s full growth potential, says a senior Bank of Thailand official. (Bangkok Post, 1/7/16) Department wants VAT kept at 7% for another year […]
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