Stocks in the news (bch, chow, nok, ptt, vgi) 15.01.14

BCH

Unaffected — BCH says it has not suffered from the political situation, though protesters are located near its hospitals. Most foreign clients are residing in Thailand and thus not in the group of foreign cancellations. It aims revenue growth of more than 10% YoY. (Khao Hoon, 15/1/14)

Comment: BCH may be unaffected, but its performance since the opening of the WMC has been abysmal

CHOW

CHOW expands to a new business supporting growth and recurring income. The new business consists of investing in alternative energy by two subsidiaries, Chow International and Premier Solution, to begin from 2014. (Khao Hoon, 15/1/14)

Comment: Another one going into renewable energy, I do wonder how this all turns out in the end

NOK

Passengers up — NOK says passenger numbers have risen this year, supported by the long New Year holiday. It also says the Bangkok shutdown has had less of an impact than it expected. (Khao Hoon, 15/01/14)

PTT

Yetagun back up and running — The annual maintenance in Yetagun gas field in Myanmar was completed on 13 January, one day ahead of schedule, says the PTT, adding that gas delivery resumed at 6 pm on January 13. (National News Bureau of Thailand, 15/1/14)

VGI

May break record — VGI said it may break its previous record with earnings for FY3Q13 (Oct-Dec 13) to reach Bt334mn. It expects FY9M13 earnings to surge to Bt969.62mn, higher than the full year’s earnings last year. Management said the number of passengers on the skytrain has rocketed and this will help boost advertising. (Khao Hoon, 15/01/14)

Comment: It’s a monopoly on the BTS, what do you expect?

If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Leave a Reply

Your email address will not be published. Required fields are marked *