CI CI expects revenue to reach Bt6bn in three years. It reported revenue growth of 15% to Bt2.7bn in 2015 supported by backlog of Bt3-4bn. It plans a deal with a China partner to set up a 5-star hotel. It plans to set up a Bt1.5bn REIT for Sripanwa Hotel in 2H16. (Thun Hoon, 1/3/16) […]
Read More →ADVANC ADVANC reports more than 500,000 of its 2G clients have upgraded to 3G. It aims at getting more than 10mn 4G users from 4.4mn now. It has budgeted of Bt40bn to expand its business in 2016. (Kao Hoon, 29/2/16) Comment: The number we read this morning from the news was 5 mn users already. […]
Read More →It has been a long time since we’ve seen so many green bars for sectors on the SET. Earnings season finishes today and it has be o-k so far. I’m still curious to see how this constitutional draft well be completed…
Read More →Notable Transactions Buy(s) THB 37 mn N/a Sell(s) THB 69 mn TU – Looks like this director has had a good time trading shares
Read More →Humour Would you believe it if I said that Thailand is the second best performing market in Asia this year? Nearly +4.5% in USD terms Airlines Nok Let’s start with Nok Airways, it appears that ever since its ludicrously expensive IPO Â no one has been a believer in Nok Airways, perhaps its the way that […]
Read More →SET-listed IRPC Plc is Thailand’s largest integrated refinery and petrochemical company. President Sukrit Surabotsopon discusses the company’s strategy and outlook. What is IRPC’s business model? In simple terms, our operations start from importing crude oil to refining oil into petroleum products such as naphtha, petrol, diesel and liquefied petroleum gas and making petrochemical products. Petroleum […]
Read More →January export value slides by 8.9% — JANUARY’S export value continued contracting by 8.9 per cent to US$15.71 billion on the same global factors – slumping demand and rock-bottom crude-oil prices. (The Nation, 26/2/16) Household debt expected to remain above 80% of GDP — THE LEVEL of household debt this year is expected to continue […]
Read More →AIT AIT is talking to A prospective partner to provide data center service. It expects this to need Bt400mn capital investment. It plans to ask board approval in April. It plans to take part in Bt10bn public bids, of which it expects to get 40-50%. (Khao Hoon, 25/02/16) Comment: They’ve come out saying a few […]
Read More →Notable Transactions Note: Interesting to see the wide divergence in buy’s/sell’s Buy(s) THB 226 mn BROOK – Harumph…trust this company at your own peril… TMT – It’s been a rather odd following this company over the past few years, dividends have been amazing but every once a in while one of the quarterly #’s are […]
Read More →Would you believe it if I said Thailand is the 2nd best performing equity market in Asia? Well its true! Just after Indonesia and in both USD and local currency terms. Â Has all the bad news been priced in? Is it now time to start dreaming again? Or are we going to be experiencing further […]
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