CK - Expects good 1Q13 revenues — CK said 1Q13 revenue will be good after booking revenue from several construction projects. Currently, the company has backlog of Bt163bn. 1Q13 earnings will also be boosted by the booking of the sale of its shares in TTW to BECL. CK plans to list CK Power in March. (Khao […]
Read More →Market had a so-so second week with news that Temasek was selling off half of its stake in INTUCH which depressed the tech sector, industrials went on a rampage with the expected news of good land sales by both hemraj and amata and ticon selling another tranche of assets to its property fund. Going forward […]
Read More →AMATA - New strategy will slow growth — AMATA said that revenues and profits this year are expected to slow due to a new business strategy, which focuses on long-term leases on land of up to 30 years instead of selling the land. The company hopes to hold on to its assets for the long term […]
Read More →Notable Transactions Buy(s): THB 82.9 mn NMG – The stock has been doing well for the past year, so its interesting to see the vice chairman accumulate shares Sell(s): THB 326.7 mn SPCG – A director decides to take some profit HYDRO – Huge sale of THB 134 mn by the Managing Director KBS – […]
Read More →BCH Rating affirmed — TRIS Rating affirms the company rating of Bangkok Chain Hospital PLC (BCH) at “Aâ€â€. At the same time, TRIS Rating assigns a rating of “Aâ€â€œ to BCH’s proposed issue of up to Bt1.8bn in senior debentures. (TRIS Rating, 10/01/13) BTS Infrastructure fund unrelated to disputed BTS contract, BTS says — BTS […]
Read More →Applications for Board of Investment (BoI) privileges in 2012 topped 1.46 trillion baht, the highest ever, Industry Minister Prasert Boonchaisuk said on Thursday. The number of projects rose from 2011 by 29.7%, while investment worth was up 131%. These investment projects would create an estimated 348,866 jobs, the minister said. Â Source: Bangkok Post Booyah! This […]
Read More →Want to know know why there has been massive volume in the market over the past week? Temasek Holdings Pte and its partners sold 20.9 billion baht ($687 million) of Shin Corp. (INTUCH) shares, paring its stake in the company that controls the biggest Thai mobile-phone operator. Singapore’s state-owned investment company and its partners in […]
Read More →EARTH 2012 revenue poised to hit Bt10bn —2012 revenue may reach Bt10bn and it is confident that 2013 will continue to show growth with revenue growth of 40-50% and a gross margin of up to 20%. The coal mine in Myanmar will begin operations in 1Q13. (Khao Hoon, 10/01/13) Comment: Remarkable turnaroud for this company […]
Read More →BBL BBL funds CTH with Bt4-bn loan deal, expects strong growth in lending demand from fast-developing sector — Bangkok Bank, which yesterday signed a Bt14bn loan agreement with Cable Thai Holding (CTH), is confident that lending demand from the cable- and satellite-television sector will now begin to flourish due to the development of broadband services. […]
Read More →Foreign investment fund flow led the markets higher with the property sector starting things off with a gangbuster move of 4% in the first week of trading. Going forward we have the MPC meeting, tha thai cabinet deciding upon the contracct signging for the Red Line project and a possibility of the ECB cutting rates. […]
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