There’s another drought happening throughout Thailand and this doesn’t bode well for consumer spending upcountry.  Here’s some information that we’ve been able to put together. Cause? Massive deforestation in north was the fundamental cause as this has resulted in the lack of rainfall, especially in the North, where most reservoirs are situated. Specifically, at least […]
Read More →BWG Investors from Qatar are interested in BWG shares due in recognition of its strong fundamentals from waste power plant. Management says 2H15 performance will be good. It expects 2015 revenue of Bt1.5bn. It expects to book revenue from 9.4MW waste power plant next year. (Thun Hoon, 17/06/15) Comment: How did this strange company all […]
Read More →There’ll be the usual annual rebalancing in the SET Indices names this week, the official changes are: SET50 Additions: BA, BMCL, CBG, ITD, SAWAD, TPIPL, WHA, THCOM Deletions: BAY, BIGC, BJC, HEMRAJ, KTIS, SCCC, SPALI, VGI SET 100 Additions: ASP, BA, BEAUTY, CBG, CKP, LHBANK, MONO, RS, S, SAPPE, U, UNIQ, WHA Deletions: BAY, BCH, BIGC, BJC, IFEC, […]
Read More →AP AP expects to achieve 1H15 sales target of Bt14.2bn. It plans to launch six new projects and fifteen old projects near BTS. It will hold an event, “AP Space Connectâ€, to raise sales from Bt7.81bn. (Khao Hoon, 16/06/15) Comment: It’s partnership with the Japanese are bearing fruit in terms of sales and an improvement […]
Read More →What has really changed in the week I was gone? Nothing. It’s still the same issues, earnings growth, uncertainty over infrastructure spending (or the slowness of it) and whether or not Greece will have the $ to pay back its loans. The most interesting movements sector wise is how badly financials have performed but no […]
Read More →Notable Transactions Buy(s) THB 717 mn PF – The CEO buys a huge value, must’ve been an off the market transaction BA – And the owner still continues to buy back shares, again a huge value of THB 154 mn MINT – Heinecke obviously thinks the shares and warrants are a decent buy at these […]
Read More →There isn’t much that can be said here…
Read More →Thiensurat Plc, which listed on the Stock Exchange of Thailand last June under the symbol TSR, makes and distributes water purification systems to provide safe and clean water to households. Managing director Viruch Wongnirund discusses the company’s strategy and outlook. What is Thiensurat’s history? In 1976, our founder, Werawat Changyoo, was working for the Metropolitan […]
Read More →Thailand Ministry spotlights sectors with potential to boost GDP – The Industry Ministry expects industrial GDP growth of 2-3% to 2.63 trillion baht, rebounding from a contraction of 0.4% last year, with support from some rising-star industries. Udom Wongviwatchai, director-general of the ministry’s Office of Industrial Economics, specified eight major industries with rising capacity. (Bangkok […]
Read More →AIT AIT revised down 2015 revenue target from Bt6.8bn to Bt5-5.5bn due to a slowdown of government projects. Earnings are expected to turn around in 2H15 backed by infrastructure investment. (Post Today, 05/06/15) Comment: Whatever happened to the wonderful digital economy that was supposed to push AIT’s growth into the stratosphere like every broker predicted? […]
Read More →