Notable Transactions Buy(s) – THB 165mn BGH – Directors buy another thb 30 mn worth of shares, I’m still thinking 200+ BLA – Stock had fallen out of love for the past month, however the underlying business still seems to be growing strongly SIRI – Same story as before…K. Srettha here is merely swapping shares […]
Read More →BIGC Big C keeps strategy after good 2012 results – Big C Supercenter says its impressive sales growth last year of 9.3% to Bt112.1bn reflects its successful business model, accelerated network expansion and fine-tuned marketing strategy. (The Nation, 19/02/13) Comment: Good well managed company, but the potential multiple collapse on slightly missed earnings is a […]
Read More →The SET has continued its magical rise in the past week buoyed with local fund flow more than anything else. The MPC meets later this week I’m hoping that they prove they have a backbone and not cut rates.
Read More →AGE 2013 targets — AGE targets revenue of Bt6bn for 2013 and a profit margin of 15%. The company said there has been an increase in coal orders and better performance in its shipping & logistics business. Moreover, its warehouse in Ayutthaya is back in operations which will help reduce costs. (Khao Hoon, 18/02/13) Comment: […]
Read More →Pranda Jewelry Plc was founded in 1973 as Pranda Design Company Limited and renamed Pranda Jewelry Limited on April 27, 1984. It listed its ordinary shares on the Stock Exchange of Thailand on July 6, 1990 and converted to a Public Company Limited on June 3, 1994. Pranda currently has registered capital of 410 million […]
Read More →AOT Earnings soar 173% YoY in 1QFY13 —AOT posted 1Q FY13 earnings of Bt3.4 bn, growing 173%YoY. Revenue was Bt8.6 bn. AOT is benefiting from the reopening of Don Mueng airport. It also recovered a FX gain of Bt1.3bn. (Khao Hoon, 15/02/13) LPN DPS of Bt0.53 — The LPN board approved a dividend of Bt0.53/share on its […]
Read More →BTS Surge in profit in 4Q12 — BTS posted a 4Q12 profit of Bt1.17 bn, up more than 200%YoY. The impressive earning is supported by15.7% YoY growth in ridership to 600K riders/day. Other businesses, advertising and property, also did well. (Khao Hoon, 14/02/13) Comment: We’ve commented on BTS quite a few times already, thus the […]
Read More →BLAND Back in the black — BLAND reported a net profit of Bt122mn for the quarter ended 31 December 2012 compared to a loss of Bt268mn for the same period last year. Its revenue increased to Bt969mn (2011 – Bt605mn) and gross profit increased 158% to Bt523mn (2011 – Bt204mn). (Khao Hoon, 12/2/13) Comment: Wooo! […]
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 →Its been on the news quite a bit in the past few weeks that because the Thai Baht has strengthened 2.5% YTD Overseas investors have bought $1.2 billion more sovereign notes than they sold this month through Feb. 8, Thai Bond Market Association data show. Finance Minister Kittiratt Na-Ranong said on Jan. 31 there’s concern […]
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