AKR AKR has set a revenues target this year of Bt4.2bn supported its transformer manufacturing and distributing and solar cell business. (Kao Hoon, 09/01/15) BKD BKD has set a revenues target growth of 20% this year supported by its backlog on hand of more than Bt2bn. It also expects to receive new government project worth […]
Read More →BTS Confirmed for O&M on South Green Line — Minister of Transportation Prachin has confirmed that BTS will obtain the O&M contract for South Green Line worth Bt9.1bn. BTS management met the minister to discuss the project and expects the Mass Rapid Transit Authority of Thailand to conclude the details in January 2015. (Kao Hoon, […]
Read More →BTC BTC expects to be in the black in 2014 although it faced net loss of Bt35.53mn in 9M14 and a loss in 2013 of Bt235.64mn due to lower spending. The company plans to improve its profitability to bring performance back to profit and is ready to form a partnership. (Thun Hoon, 17/12/14) CPF To […]
Read More →The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →Earlier in the month we posted that WHA and HEMRAJ was the deal that never happened, now things have taking a new turn… What’s happened? Over the weekend there was news that WHA would purchase the stakes of the majority shareholders of Hemraj (15% of HEMRAJ’s outstanding shares) @ a price range of THB 4.60-THB […]
Read More →What happened? Yesterday both the shares of WHA and HEMRAJ were suspended/halted from trading by the SEC on the news that an M&S may potentially take place with WHA’s CEO saying it would be with a company of a THB 50 bn market cap. So why no deal? Both shares resumed trading today with both […]
Read More →BCP BCP says EBITDA this year will hit Bt10bn supported by revenue from its solar farm and investment in Nido Petroleum. It will go on a roadshow with the SET in the US. (Kao Hoon, 28/10/14) Comment: I’ve never liked their E&P expansion and with the refcent 20% decline in oil prices I do wonder […]
Read More →BBL BBL approves loan of Bt7bn to MILL for the acquisition of a steel business in Thailand. It also sold shares of TSI to MILL for Bt220mn. MILL’s board has approved a capital increase of Bt1.5bn to restructure its company and expand its businesses. (Kao Hoon, 10/10/14) Comment: It is very rare in Thailand for […]
Read More →BJC Berli Jucker introduces direct sales, e-commerce – Berli Jucker Plc (BJC), the SET-listed trading and retail company owned by billionaire Charoen Sirivadhanabhakdi, is expanding its product sales and distribution to include direct sales and e-commerce channels after facing tough modern trade competition. (Bangkok Post, 22/09/14) Comment: Overall a small impact on their total numbers […]
Read More →AAV TAA flies Krabi-Guangzhou – Thai AirAsia (TAA) is strengthening its network in China with the launch of a new route aimed at the renewed surge in arrivals from the world’s most populous country. Thailand’s largest low-cost carrier will begin non-stop daily service connecting Krabi with the southern-Chinese economic hub of Guangzhou on Nov 6. […]
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