Its 1Q13 earnings season and YoY comparisons are looking good b/c of last year’s low base (just a few months post the floods in 4Q11), going forward with the BoT looking to curb ST investments in the bond market resulting in the Thai baht finally weakening and no news flow locally, we wouldn’t be surprised […]
Read More →Notable Transactions: Buy(s): THB 77mn GFM – A block sale between family members worth THB 52mn Sell(s): THB 144mn BLA – Family member continues to take profit, this time to the tune of THB 21mn GFM – See above
Read More →CPALL CP outlines Bt2.5bn expansion — CP All, the operator of 7-Eleven convenience stores, intends to invest Bt2.5bn to build four distribution centers across the country to support its future expansion in which the number of stores would reach 10,000 by 2017. The first center, which is under construction at a cost of Bt1bn in […]
Read More →Thai Tap Water Supply Plc (TTW) has been the tap water producer and distributor since 2004 for the Provincial Waterworks Authority (PWA) in two provinces west of Bangkok: Nakhon Pathom (Nakhon Chaisi, Sam Phran and Buddha Monthon districts) and Samut Sakhon (Muang and Krathum Baen districts). The company has a maximum production capacity of 440,000 […]
Read More →BECL Case against BECL dismissed —On May 3, the Central Administrative Court dismissed the case filed by EXAT in 2008 appealing the arbitral award, and thus EXAT is again facing a payment of Bt1.79bn (plus interest until completely paid off) to NECL. This was earlier awarded by a court in compensation for a reduction in […]
Read More →Notable Transactions Buy(s) – THB 1.19bn AH, BGH, BLAND, EPCO, GFM, IHL, MAX, NMG, PAE, PM, POST, PS, TFD, TTA Sell(s) – THB 1.22bn BGH, GFM, IRCP, METRO, NIPPON, PS, ROCK, SAMTEL, TTA
Read More →Just saw this on biznews the other day. Now I’m not promoting this in anyway, but I’ll draw attention to the size of the IPO, its 44 mil shares @ THB 1.30/share, a massive amount @ THB 57.2 mn (yes i’m being sarcastic). Look its a small IPO, the stock price will most likely pop […]
Read More →Last week saw the SET bounce back strongly with global markets surging by better nonfarm payrolls than expected and a step down in the unemployment rate from 7.6% to 7.5%.
Read More →Notable transactions Buy(s): THB 471.5 PAE – Eh?! How did the MD manage to buy this amount of shares at such a discount to market, we’ve done 10-20% but 35%? PM – Interesting, despite the stock rallying strongly to this level, management still decides to purchase 50 mil baht worth TFD – Again I have […]
Read More →CPF CPF puts foreign projects on fast track to tap strong baht — CPF has accelerated its investment overseas with a series of new food projects to take advantage of cheap financing costs. Some projects to materialize this year include a chicken burger production unit in the UK and the launch of ready-to-eat meals production […]
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