Sector Update 28.01.13 – 01.02.13
The Thai market continues rocking, January saw volumes increase by 35% to average over THB 50 bn/day versus THB 35 bn/day last year. Mind boggling stuff.
Read More →Month: February 2013
Stocks in the news (advanc, earth, aav, rml, uac) – 05.02.13
ADVANC ADVANC sets 3G capex at Bt2bn — ADVANC has budgeted capex at Bt2bn to improve its 3G service and expects to draw 1–2mn new customers. Experts expect the telco industry in Thailand to grow 7% from the growth in voice and data are. (Tun Hoon, 5/02/13) Comment: Telco sector has been losing its shine […]
Read More →Stocks in the news (bmcl, lpn, ppp, rml, tmb) – 04.02.13
BMCL BMCL discussing with MTRA over OTM contract for Purple Line — BMCL will be negotiating with the government on OTM contract for the Purple Line, Bangsue–Taling Chan. If negotiations fail, the MRTA will manage the project itself. BMCL expects the number of passengers on its current lines to grow 17% from last year. (Tun […]
Read More →Stocks in the news (bcp, dna, genco, ocg, qh, tuf) – 01.12.13
BCP Expanding to 700 stations in three years — BCP plans to expand its petrol stations to 700 stations in three years. It will invest Bt2.5bn to open 70 Green stations, large-scale petrol stations. (Khao Hoon, 01/02/13) Comment: The real story for BCP is its capacity addition over this 12 month period DNA Expects 2013 […]
Read More →