Commodities specifically: oil, energy and petrochems have been leading the way in the past few weeks and should oil continue its positive movement then this is effectively the only sector within the market pulling everyone else up. 1Q earnings season is reaching its last day today, and thus far will its all inline with what […]
Read More →Notable Transactions Buy(s) THB 46 mn N/a Sell(s) THB 142 mn KSL – This director sells a rather large stake @ ~ THB 80 mn BEAUTY – Looks like a block trade again from Beauty, no idea which fund picked it up this time.
Read More →New talks on G2G rice deal with China — THE GOVERNMENT plans to renegotiate with China deals for the sale of rice and other agricultural products after deciding to go it alone in the Bangkok to Nong Khai high-speed rail project instead of engaging in a joint venture with the economic powerhouse. (Bangkok Post, 10/5/16) […]
Read More →ACAP ACAP reported 1Q16 profit of Bt16mn, up 244%, after changing strategy to focus on major customers and get new ones. It targets loans of Bt2bn by end-2016. (Kao Hoon, 13/5/16) BKD BKD reported net profit of Bt16.59mn, growth of 27%. It plans to reverse doubtful account of Bt28mn and profit on a delayed project […]
Read More →Changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of May 31, 2016. MSCI Thailand: Â Â Â Â Â Â Â Â Â Â Â Â (+2) EGCO, ROBINS Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (-) […]
Read More →APCO APCO reported profit growth 12.16% in 1Q16 supported by increased sales. It plans to expand its business nationwide. It targets revenue growth of no less than 10% in 2016. (Thun Hoon, 12/5/16) Comment: They have yet to be able to reach the heights that everyone was expecting 2 years ago  BEAUTY BEAUTY reported […]
Read More →BEM BEM expects to open MRT Purple Line on Aug 6. It expects this to increase 2016 revenue growth to 15% as it will book Bt500mn/quarter as operating revenue. It expects 60,000 passengers/day. (Khao Hoon, 11/05/16) BIG BIG reported 1Q16 earnings of Bt234mn (221% growth) thanks to the boom in digital cameras. It expects revenue […]
Read More →There is something both ridiculous and beautiful about traditions in any culture, and the same holds for the annual sacred oxen festival where 2 “holy” sacred oxen will dictate the fortunes of the country. The results this year were that there will be plenty of food and water for agriculture and that communication and foreign […]
Read More →ADVANC ADVANC reported 1Q16 profit of Bt8.1bn on revenue of Bt37.25bn. It has 38.9mn subscribers. It will maintain its EBITDA at 37-38%. It will keep its dividend payout at 100%. It continues to expand subscriber numbers and its 4G network. It will bid for 900MHz on May 27. (Thun Hoon, 10/5/16) Comment: 1Q16 demonstrated the […]
Read More →Just imagine how the market would be performing if it weren’t for the rapid rebound in oil prices?
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