Last week was rather eventful for the thai market with it being hit with the double whammy of the ICAO (Thailand’s airlines) and MERS, then again if you had closed your eyes and reopened them today it looks like nothing has really changed. What can we look forward to this week? Greece greece greece.
Read More →CNT has a reputable history, having built many of Thailand’s landmarks including Democracy Monument, Klong Toey Port and the Rama VI Bridge among others. In 1991, CNT became the first construction company to list on the Stock Exchange of Thailand. Christiani & Nielsen (Thai) Plc (CNT) has been a leading construction company in Thailand for […]
Read More →Thailand Pridiyathorn: Pickup just around the bend – Thailand’s economic recovery should gain momentum from September following a one-year downward correction resulting from the previous government’s distorted stimulus policies, says Deputy Prime Minister MR Pridiyathorn Devakula. He said the present government had focused on good governance in terms of administrative and economic policies by reducing […]
Read More →ACD ACD plans to acquire three hotels in Phuket worth Bt10bn, expecting to finalize the deals within this year. It also plans to acquire businesses in Laos and Cambodia. It expects to achieve revenue above Bt1bn this year. (Thun Hoon, 19/6/15) BBL BBL sold 484mn shares of IRPC at Bt4.06/share to foreign funds. (Khao Hoon, […]
Read More →Given I was overseas 2 weeks ago, here’s a full compilation of all the stock related news during the week of 07/06 – 15/06 sans comments as it is just too much to catch up on. BKD BKD plans to bid for a Bt3bn project, expecting to win 50%. It expects 45% revenue growth this […]
Read More →ABICO ABICO expects 2Q15 profit to be good, benefitting from increasing in international customer base. It says 68% capacity is enough for handling the new orders. It does not have any investment plan. (Thun Hoon, 18/06/15) Comment: An interesting holdco with a stake in MALEE, now the question is how do value a cow? (they […]
Read More →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 […]
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