Sales of Wacoal, a popular lingerie brand among Thais, dropped by 12% to 1 billion baht in the first four months this year, the biggest drop in its 44 years here, because of lower demand attributed to the prolonged political conflicts. Source: Bangkok Post Well there you ago, car’s aren’t selling, properties aren’t being sold, […]
Read More →CK Good 1Q14 — CK says 1Q14 revenue was good, supported by backlog of Bt110bn. It reaffirms that revenue will surpass Bt30bn this year. It expects to sign for additional work worth Bt22bn. CK’s shareholders have also given the green light for an increase in the debenture amount that CK can issue by Bt8bn from […]
Read More →So the global financial media has focused on Apple’s recent 7-1 stock split, and the impact that has/will have on the share price, now here in little Thailand we have the same phenomenon with the latest stock splits coming from MBK and BGH. MBK Announced 7 March 2014 that in the AGM the board wanted […]
Read More →AJD AJD expects triple revenue growth in 2014 supported by AJ Smart Set Top Box sales. It has raised its sales target to 2mn boxes. It is ready to focus on the online business in the next three years and expects sharp revenue growth in 2017. (Khao Hoon, 29/04/14) Comment: So who is really going […]
Read More →Anything to look forward to this week? Well 1Q14 earnings are now coming for the rest of the listed companies (first 5 months of the year is always horribly busy with earnings) and then the wonderful circus that is politics shall return with Yingluck stating her defense on the Tawin case.
Read More →CK Gets Contract 1 of Green Line — The MRTA board has selected CK to take Contract 1 of the Green Line Bearing-Samut Prakarn worth Bt137mn. (Khao Hoon, 28/04/14) ERW ERW: 1Q14 revenue to fall 25% YoY, pulled down by the political turmoil. However, there are better signs moving into 2Q14. It expects revenues this […]
Read More →Notable Transactions: Buy(s) THB 70 mn * CGD – A director buys a THB 64 mn worth of shares Sell(s) THB 194 mn * BGH – Post stock split announcement the owner sells THB 185 mn shares, however we still think the stock will continue to run
Read More →So Ichitan Plc (ticker: ICHI) ipo’ed earlier in the week with a subscription price of THB 13.00, the stock hitting +30% during intra-day trading and finishing the week @ THB 17.90/share.. Image source: SETSMART So how can you do a successful IPO? Easy do the following steps: 1. Create a successful consumer business and sell […]
Read More →Advance Information Technology Plc (AIT) provides complete ICT solutions from product supply and applications for turnkey projects to service contracts in both the public and private sectors. Siripong Oontornpan, chairman of the executive board and president, discusses the company’s strategy and outlook. Siripong: Stronger capital base in future What is AIT’s business model? AIT offers […]
Read More →Thailand New BoI board — The PM has signed off on the new set of BoI board members, following the Ministry of Industry proposal submitted to the cabinet on 22 April. (Post Today, 24/04/14) MPC leaves rate alone – The Bank of Thailand’s Monetary Policy Committee (MPC) left its policy interest rate unchanged yesterday but […]
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