Aapico to slim down on costs- Aapico Hitech Plc (AH), the SET-listed automotive parts manufacturer, plans to maintain its 2014 profit margin at 3-4%, the same level as last year, even though its revenue is expected to fall by 5-10% in line with sluggish domestic car sales. (Bangkok Post, 19/03/14)
Comment: AH has a long way to go to matching the operational performance of SAT, STANLY and TRU
IVL: PTA spread increased to 1-year high at US$215 per ton, while cotton price hit a 2-year high, supporting an increase in polyester fiber price. (Khao Hoon, 19/03/14)
Comment: Could this be 2010 again for IVL?
JAS targets to sell assets into infrastructure fund in April. Filings were submitted to the SEC at the end of February. Its 1Q14 earnings are to continue strong, supported by the increase in number of broadband users. (Khao Hoon, 19/03/14)
Comment: An infrastructure fund larger than TRUEGIF? Continue reading Stocks in the news (ah, ivl, jas, rs, singer, spcg, spcg, tta) 19.03.14