ANAN Taiwan fund is interested in investing in ANAN. A decision is expected soon. The company plans to issue a debenture worth Bt1bn to support business. It plans to launch a new project worth Bt19bn to increase its backlog to Bt37bn. (Thun Hoon, 20/04/16) Comment: More curious about the recent perp bond they’ve announced than […]
Read More →Impact Growth REIT: creating a destination for everyone Impact Growth Real Estate Investment Trust, backed by the Impact Exhibition Center and related facilities, began trading on the SET in October 2014. Paul Kanjanapas, managing director of Impact Exhibition Management Co Ltd, the property manager of Impact Growth REIT, discusses the strategy and outlook for the […]
Read More →AJD AJD targets top-up machines of 50,000 at the end of this year after yesterday reaching 10,000 machines. It plans to offer more services via its top-up machines in 2H16, such as ordering merchandise from the 7-Eleven catalog, insurance payments, etc. (Khao Hoon, 20/14/16) Comment: We still have our doubts on their ability to execute, […]
Read More →EASTW EASTW expects 2Q16 net profit to be peak because of seasonality. It expects 2016 revenue to grow 5% from 2015’s Bt4.65bn brought by continuous demand growth. It plans to list its subsidiary by 4Q16. (Thun Hoon, 19/04/16) Comment: We’ve been waiting for this UU IPO for quite a while now. GOLD GOLD is talking […]
Read More →ADVANC AIS board ‘to decide on new license bid’. ADVANCED Info Service has yet to confirm if it will participate in the new round of bidding for a 900MHz licence. Chief executive officer Somchai Lertsutiwong said yesterday the company board would make a final decision on the matter. The junta also ordered the NBTC to […]
Read More →AP AP expects 2016 revenue to reach Bt23.7bn supported by Bt13.29bn transfers and Bt3.4bn condo backlog. It plans to launch 20 new projects valued at Bt32.7bn. It expects this to lift its sales to hit its target of Bt31bn. (Khao Hoon, 12/04/16) ASEFA ASEFA expects 2016 earnings to be good. It targets 2016 revenue to […]
Read More →IRCP IRCP expects 2016 revenue and net profit to grow 50% because it plans to take part in Bt5bn bids. It expects winners of the Bt1bn in public projects up for bids to be announced soon. It expects to complete a deal (investing in E-commerce) with a Korean investor in 2Q16. (Khao Hoon, 11/04/16) LIT […]
Read More →Given that the everyone was effectively on holiday last week the market had low volumes and little movement. However today we awake to the news that nothing of note happened in Doha (except the Iranians showing the middle finger to the Saudi’s) and oil prices down -4% as of writing. This week, well I wouldn’t […]
Read More →Notable Transactions Buy(s) THB 465 mn BDMS – And Prasert is still buying up shares in the market (3 years straight now) and this time another director has joined in on the share purchase ICC – Looks to be a swap between two directors Sell(s) THB 130 mn ICC – See above
Read More →AMATAV Vietnam government approved “Super South Vietnam investment Plan†project license. AMATAV has budgeted US$23mn to develop a housing project. It expects to get a license for two projects in 3Q16. It is confident that land sales will reach target of 150 rai. (Thun Hoon, 08/04/16) Comment: Could there be value here that we haven’t […]
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