Stocks in the news (bkd, bland, gen, nch, pttgc, rs) 09.01.14

BKD

Gets job in Saudi Arabia — BKD will partner with a Saudi Arabian partner for an interior decorating job in a hotel worth Bt1bn. It targets revenue growth in 2014 of 15% YoY after missing target of Bt1bn in 2013 due to a delay in construction work. It plans to bid for new projects worth Bt4-5bn and expects to win 50%. (Khao Hoon, 09/01/14)

Comment: This may help explain why a director has purchased some 2 mil shares in the co since the 27th Dec

BLAND

Impact Growth REIT close to birth — The SEC will approve BLAND’s Bt20bn IMPACT Growth REIT, the country’s first REIT fund, next week. Management said it expects to sell the investment units within the first quarter and will book extraordinary gain of Bt3bn in FY4Q14 (Jan-Mar 14). (Khao Hoon, 09/01/14)

Comment: This is most likely priced in Continue reading Stocks in the news (bkd, bland, gen, nch, pttgc, rs) 09.01.14