AUCT AUCT of interest to major and value investors (VI). These have slowly accumulated the shares, pushing share prices to close to ceiling. The company said there is an overflow of cars to be auctioned from the Customs Department and the second-hard market. It expects net profit to grow by more than 100% this year. […]
Read More →BJCHI BJCHI bidding for projects in Australia and Brazil valued at Bt10bn and expects to obtain Bt6.9bn. The company is confident that 2014 revenue will be Bt4.5bn, +15% YoY, as it has backlog of Bt5bn. It expects net profit to be near 2013’s Bt1.2bn. (Kao Hoon, 09/09/14) Comment: BJCHI is a smaller version of STPI, […]
Read More →BGH Issuing bonds — BGH will issue unspecified currency convertible bond worth no more than Bt10bn with a tenure of ~5 years. The company will use the cash to fund investments. (SET, 19/06/14) Comment: Why?! They are net cash, why would the company bother to do this, wouldn’t a normal bank loan be cheaper? Nuts […]
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