Tag: Thailand
WTF happened to the market?
Yesterday the stock market went through the whole market cycle of selling, panic selling, forced selling, & bargain hunting all the space of a 4.5 hrs. A low of -9% was seen for the day before it rushed back up in the last hour to close down some -2.4%. So what happened yesterday? Well oil […]
Read More →Stocks in the news (bcp, bliss, bts, dtac, ifec, max, mtls, ndr, sc, thcom, treit, twz) 16.12.14
BCP Bangchak eyes non-oil sales, renewables – Bangchak Petroleum Plc (BCP), a majority state-owned oil refiner and retailer, has earmarked Bt10bn to develop its refineries and expand into non-oil business next year. President Vichien Usanachote said apart from refinery upgrades, Bangchak had looked at non-oil business as a means to rely less on oil revenue, […]
Read More →SET announces new names in the SET50, SET 100 & SETHD
The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →Stocks in the news (delta, eureka, forth, hmpro, lh, noble, pdg, ptt, pttep, qh, sithai, stpi, tpch) 15.12.14
DELTA DELTA expects revenue growth of 10-15% YoY in 2015 upon growing demand and expanding foreign client base from expected 2014 revenue of Bt42bn. The company will conclude an acquisition deal for a European company soon. (Thun Hoon, 15/12/14) Comment: One of the best performing electronic names in the past few years. EUREKA EUREKA expects […]
Read More →Market Update 08/12 – 12/12
The market has pulled back some 5% this month with Industrials and Resources being the hardest hit. The combination of falling oil prices plus a still weak economy aren’t the best factors for the Thai Equity market as we’ve seen today!
Read More →Management Trades 08/12 – 12/12
Notable Transactions Buy(s) THB 260 mn BA – The family continues to support the share price with another THB 80 mn bought in shares LIVE – This has to be an off the market trade, a Director just bought THB 119 mn worth of shares, just over 5% of total shares Sell(s) THB 693 KIAT […]
Read More →Co Visit: Workpoint Plc (WORK)
Digital TV a rising star for Workpoint Workpoint Entertainment Plc is one of Thailand’s leading production houses with internationally recognised programmes. It has recently expanded into digital TV with its own channel. Chairman Phanya Nirunkul discusses the company’s strategy and outlook. What is Workpoint’s business model? We began in 1989 as a TV production house […]
Read More →What happened this week 08/12 – 12/12
Thailand Manufacturers asked to keep price low – MOC is asking manufacturers to maintain their selling price as their cost should be lower after the diesel price fell by Bt1 per litre. (Thai Post, 8/12/14) RD to miss the target in 2015 – The finance ministry said tax collected by the Revenue Department in the […]
Read More →Stocks in the news (dimet, gold, ifec, irpc, focus, kbank, lhbank, mega, mtl, nncl, nusa, rich, rs, seafco, super, tasco, thai, uniq) 12.12.14
DIMET DIMET says 2014 will be in the black though it faced net losses in 1Q14 and 2Q14. The company expects recovery in 3Q14 and 4Q14 and is looking for a partner to support its business. It does not know what is behind the sharp increase in its share price. (Kao Hoon, 12/12/14) GOLD GOLD […]
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