DNA – DNA to distribute hit Chinese movie — DNA, a home entertainment retail and distribution company, will distribute “Lost in Thailand†movie to more than 100 cinemas. Management is confident that its gross margin will be 40-50% if it distributes 10-12 movies. Revenue is expected to grow 40%. (Khao Hoon, 7/2/13) Comment: On a […]
Read More →AKR AKR wins a bid — AKR has won the bidding for a project worth Bt500mn. Management said the company has its backlog of Bt600mn. AKR targets to grow 10%YoY. International orders will increase to 20-25% in 2013. Its deal regarding the solar business is expected to conclude at the end of this year. (Tun […]
Read More →Notable Transactions Buy(s) – THB 639 mn AH – The owner has been buying the whole month BANPU – We still don’t like Banpu @ this value..still think its worth 20-30% less BGH – Odd transaction with both parties on buy/sell BLAND – K. Ananttttttttttttttttttttttttttt! PF – Owner and management buy big stakes and have […]
Read More →Notable Transactions Buy(s) – THB 119 mn BLAND – K. Anant trades out of his warrant and into the common shares Sell(s) – THB 668 mn BLAND – See above KDH – THB 70 mn sold by the MD and CEO to BGH PS – Several management taking profits in this property developer VGI – […]
Read More →The Thai market continues rocking, January saw volumes increase by 35% to average over THB 50 bn/day versus THB 35 bn/day last year. Mind boggling stuff.
Read More →ADVANC ADVANC sets 3G capex at Bt2bn — ADVANC has budgeted capex at Bt2bn to improve its 3G service and expects to draw 1–2mn new customers. Experts expect the telco industry in Thailand to grow 7% from the growth in voice and data are. (Tun Hoon, 5/02/13) Comment: Telco sector has been losing its shine […]
Read More →BMCL BMCL discussing with MTRA over OTM contract for Purple Line — BMCL will be negotiating with the government on OTM contract for the Purple Line, Bangsue–Taling Chan. If negotiations fail, the MRTA will manage the project itself. BMCL expects the number of passengers on its current lines to grow 17% from last year. (Tun […]
Read More →BCP Expanding to 700 stations in three years — BCP plans to expand its petrol stations to 700 stations in three years. It will invest Bt2.5bn to open 70 Green stations, large-scale petrol stations. (Khao Hoon, 01/02/13) Comment: The real story for BCP is its capacity addition over this 12 month period DNA Expects 2013 […]
Read More →AP AP aiming at 15% YoY growth in revenues — AP aims for revenue growth of Bt20-21bn, a 15% increase from last year’s Bt17bn. It targets sales of Bt23-25bn, a 15-20% increase from last year, which will help raise its current backlog of more than Bt27bn. The company expects to launch 23 projects, worth Bt24bn […]
Read More →AMANAH-  AMANAH to expand its hire-purchase business — The company expects 2013 hire-purchase business will reach Bt5 bn, growing 15%YoY. AMANAH partnered with IBANK to capture Islamic customers. (Tun Hoon, 30/01/13) Comment: Another financing co trying to ride the industry trend. CPN – CPN plans Bt10 bn ‘super mall’ — Central Pattana Plc (CPN), the […]
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