Stocks in the news (ck, erw, grammy, robins, tuf) 05.03.13


CK targets 20% share of projects — Ch. Karnchang Plc (CK) expects to win 20% of the government’s planned Bt2tn infrastructure projects, boosting its revenue by 10-15% annually over the next seven years. It targets its revenue to grow from Bt18bn last year to Bt25bn this year and to Bt28-30bn in 2014. CK expects to book a one-time gain of Bt2.2bn from the recent sale of its 11% stake in Thai Tap Water Plc. (Bangkok Post, 05/03/13)

Comment: Two key things driving this stock at the moment, first is its restructuring and ability to recognise the value of its holdings and second is the infrastructure spending that will be coming through next year


Erawan expects profit to grow along with tourism — Erawan Group preliminarily estimates revenue from its hotel and space-rental businesses to grow 15% this year, the same as last year, and its net profit to be higher, thanks to the continuing rise in visitors to Thailand. (The Nation, 05/03/13)

Comment: Loved this stock @ 2, out now :) 

Continue reading Stocks in the news (ck, erw, grammy, robins, tuf) 05.03.13

Management Trades (bland, ticon, bgh, emc): 25.02.12 – 01.03.13

Notable Transactions

Buy(s) THB 153 mn

  • BLAND – K. Anant continues to purchase more shares in his company
  • Ticon – This is a switch of ownership in the warrants between K. Chali’s spouse and himself

Sell(s) THB 183mn

  • BGH – A big sale from BGH? Now that’s a rarity.
  • EMC – Well know stock trader/manipulator, stay far away from this one 
  • Ticon – See above

130307 mgmt_trades