Rebuilt Golden Land starting to shine Mr Thanapol, president of Golden Land, still sees demand in residential housing. Golden Land Plc (GOLD) is a leading residential and commercial real estate developer. President Thanapol Sirithanachai discusses the company’s strategy and outlook. GOLD has undergone a successful turnaround over the past few years. How this was achieved? […]
Read More →ACC ACC expects to wipe out retained losses. It expects net profit to return to the black in 2016 after it expands its business to trading, property, and alternative energy business. It expects to pay a dividend this year on its turnaround. (Thun Hoon, 28/04/16) Comment: A quick scan of the company shows that they […]
Read More →BAY BAY expects auto loans to grow 3% to Bt262bn despite a slowdown in new loans. It is looking for a partner to expand into loans for used cars. (Thun Hoon, 27/04/16) Comment: I can see BAY actually taking away market share from TCAP in this. BJCHI BJCHI will pay dividend of Bt0.5/share, payment on […]
Read More →AOT AOT expects 2QFY16 earnings to peak backed by 197,913 flights (+9.4%) and 32.3mn passengers. It expects 389,272 flights in 1HFY16 (10.6% growth) and 61.2mn passengers. (Khao Hoon, 26/04/16) Comment: It’s just incredible, time to start a pool on when passengers hit 100 mn AQUA AQUA will pay dividend of 100% of profit with Bt900mn […]
Read More →AAV Rumors that King Power has completed the deal to buy AAV stock from Tassapon group for Bt4.15/share, which is double book value. They are not buying over 25% to avoid a tender offer. (Kao Hoon, 25/04/16) Comment: Another rumour re AAV, I don’t quite see why King Power would do this transaction. BBL Regulator […]
Read More →Notable Transactions Buy(s) THB 337 mn SCI – This part of the transaction looks to be a switch between shareholders IFEC – No idea what K. Wichai is doing buying @ 7.29 and selling @ 7.20 Sell(s) THB 802 mn SCI – See above, plus there was news that 2 funds bought 5% of shares […]
Read More →The tale of the tape has been rather clear this year 1) Resources – i.e. oil prices have recovered very strongly from their lows and are dragging the market upwards 2) Banks have somewhat recovered as well. Now what has been dragging the market? Easy 1) Telco’s 2) Property, any chance of these turning around? […]
Read More →The last 3 weeks have been rather busy with traveling for both personal and work related activities, and yet really nothing happened much in the world, central banks were quiet, perhaps there was some temporary noise out of doha re oil prices but things have been relatively calm so to speak. First quarter numbers have […]
Read More →China’s Exports Jump Most in a Year, Boosting Growth Outlook — China’s exports jumped the most in a year and declines in imports narrowed, adding to evidence of stabilization in the world’s second-biggest economy. Stocks rallied. Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with a 25 percent […]
Read More →BDMS BDMS sets 2018 revenue target to reach Bt100bn supported by foreign customers. In 2016, It budgets Bt6bn to renovate its hospital and buy medical equipment. (Khao Hoon, 22/04/16) Comment: Given the way that Prasert continues to buyback shares in BDMS he must have a lot of faith in the business’ ability to grow from […]
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