Stocks in the news (Bigc, demco, dtac, lalin, Siri, smt) 19.02.13


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 constant fear in the back of our minds


Gets contract to build three solar farms — DEMCO signed a big project, “Rojana Energy”, a contract to build three solar farm projects worth Bt2.22bn. It expects to recognize revenues of Bt2bn as early as 1Q13, pushing its backlog up to Bt5bn. (Khao Hoon, 19/02/13)

Comment: A story we’ve followed since the stock was at thb 3.5/share back in 2010, however we’ve been out for the past few months now.


Ready to go — DTAC is ready to provide 2G-3G-4G service on its 800MHz-1800MHz-2100MHz spectrum as it has upgraded its nationwide system by successfully completing 15,000 base stations to accommodate diverse groups of customers in the future. (Tun Hoon, 19/02/13) Continue reading Stocks in the news (Bigc, demco, dtac, lalin, Siri, smt) 19.02.13