APCO APCO to do a PO of 28mn shares. The proceeds will be used to develop BIM Healthcare this year. It also plans to move to the SET early next year. It is confident that net profit this year will grow no less than 60%. (Kao Hoon, 14/08/14) Comment: With such a performance i too […]
Read More →BCP Only slight QoQ fall in EBITDA in 2Q14 — Although its refinery will be shut down for maintenance, BCP expects EBITDA for 2Q14 to only fall slightly compared to 1Q14. Even though EBITDA for refinery business will fall by 30%, revenue from its three solar energy phases plus the attractive adders, will help strengthen […]
Read More →JUTHA Board approves capital increase — JUTHA’s board has approved a capital increase of 49mn shares, priced at Bt4.50/share; 22.45mn will be privately placed (PP). (Khao Hoon, 16/09/13) Comment: Looking to buy more ships? LPN GFP raises LPN holding — The Government Pension Fund (GPF) has increased its holding in LPN by 10mn shares to […]
Read More →BLAND Earnings announcement this week — BLAND will announced is 3Q12 earnings this week and profits are expected to reach Bt2bn, pushing its P/E to as low as 13x, with an EPS of Bt0.15. It will not be limited to cash balance after its P/E has dropped significantly and trading volume this week is limited […]
Read More →ANAN Buys land for condo on Sukhumvit — ANAN acquires the land to develop a condominium in Sukumvit worth Bt825mn, using the funds from its IPO. The company expects to launch the first phase in 1Q13 with construction finished in 1Q14. (Tun Hoon, 19/12/12) Comment: They needed to IPO to raise capital and I’m not […]
Read More →Tracking foreign investors in Thailand is a necessity as they do have a substantial impact on the SET. We do this daily/monthly/quarterly by monitoring the change in NVDR holdings in Thai equities. fyi: NVDR holdings, Non-Voting Depository Rights, are a vehicle in Thailand for non-thai investors to buy shares in Thai Equities. It is tracked […]
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