 Fixing of structural issues urged. THE ECONOMY has the potential to grow by 4.5-5.5 per cent a year if the country addresses hindering structural issues, said Bank of Thailand Governor Veerathai Santiprabhob. (The Nation, 7/9/16) Nod for Gold Line monorail, but impact study requested. THE BT3.8-BILLION Gold Line monorail project for western Bangkok along the […]
Read More →AAV AAV expects 3Q16 to grow 20%, driven by Chinese tourists. It plans to open four more routes after already adding 10 routes this year. It is ready for the AOC assessment on Sept 12. (Thun Hoon, 7/9/16) Comment: A discussion with the founder, T.F., indicates that he’d like to take back all of the […]
Read More →AGE AGE has orders of more than 300K tons from China. It expects export portion to rise to over 20%. It plans to increase coal sales to 200K tons, with service revenue rising to Bt300mn. (Thun Hoon, 08/09/16) ANAN ANAN expects 2H16 earnings to be better than first half supported by backlog of Bt38.5bn, of […]
Read More →BANPU BANPU’s last day to get BPP IPO reserve. Today is the last day to buy BANPU and get rights to reserve BPP IPO and dividend of Bt0.25. The stock will be posted as “XB-XD” on September 8. (Khao Hoon, 7/9/16) Comment: Most certainly one way of ensuring your share price stays elevated  BCP BCP to […]
Read More →Him, H. Marks and B. Gross are some of the few commentaries that I enjoy reading monthly/quarterly. The key message this month is in the first paragraph which is below, enjoy! The first was that the world was condemned to a prolonged period of slow growth unless vigorous fiscal spending took place in the major […]
Read More →Rather surprised that no one has really picked up on this. Two days ago DSGT announced to the market that it had received a voluntary tender offer from a PE Fund for the outstanding number of shares in the market at THB 5 / share Here are some key points and a link to the announcement […]
Read More →ARROW ARROW expects 2016 revenue and profit to be a new high. It is maintains its full-year target revenue at Bt1.4bn, growth of 15%. It has backlog of Bt240mn, all of which will be booked this year. It is talking with two companies to take a share of its subsidiary and expects to make a […]
Read More →AUCT AUCT expects to have good news soon. It expects 2H16 to be growth and expects 3Q16 to recovery due to car bidding is recovery; It had bid for a 30k car in 1H16. (Thun Hoon, 05/09/16) BAFS BAFS expects 2016 revenue and profit to record a new high, as volume increases with the number […]
Read More →It’s September! The month I dread, where for some reason things that can go wrong, do go wrong and markets pullback. After the litany of negative headlines seen in the past 12 months, what can we expect this month?
Read More →Notable Transactions Buy(s) THB 147 mn AJ – Looks like a block trade between the family members POMPUI – Will this Non performing name be relisted? Sell(s) THB 139 mn AJ – See above TFG – Perhaps the best performing name this year due to a turnaround but even this Chairman/director thinks its done
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