Stocks in the news (ais, ait, beauty, css, emc, forth, genco, hmpro, ivl, itd, mdx, nbc, nlc, pstc, pttgc, qh, scn, sgp, smart, spcg, tfd, thai, thcom) 10.08.15

AIS
AIS pushes for joint venture with TOT, Mobile leader wants to rent telecom towers – Mobile leader Advanced Info Service Plc (AIS) has submitted a joint-venture proposal to TOT Plc to operate telecom tower sites after its mutual second-generation (2G) mobile concession expires next month. (Bangkok Post, 10/8/15)
Comment: Well they need it given the expiration of its concessions and in the case that 4G may (or not) be postponed

AIT
2Q15 earnings dropped 13%QoQ and 56%YoY hit by decreasing backlog and inefficient cost control. It plans to pay an interim dividend of Bt0.55/share. (ASTV, 10/08/15)
Comment: AIT – once a darling, it’s being hurt along with anyone else that relies upon government projects for their revenues, but it doesn’t change the fact that once the government becomes operational AIT will be a major beneficiary given the continued investment in IT by Thailand.

BEAUTY
BEAUTY expects 2Q15 earnings of Bt61mn. Its CEO says 2015 revenue will achieve 20% target growth backed by high demand locally and overseas. (Thun Hoon, 10/08/15)

CSS
CSS’ board has approved an interim dividend of Bt0.1/share, XD on Aug 21, PD on Sep 7. It reported 2Q15 earnings of Bt68mn (+44.92%YoY). 1H15 net profit was Bt131mn (96% growth). (Khao Hoon, 10/08/15)

Continue reading Stocks in the news (ais, ait, beauty, css, emc, forth, genco, hmpro, ivl, itd, mdx, nbc, nlc, pstc, pttgc, qh, scn, sgp, smart, spcg, tfd, thai, thcom) 10.08.15

Market Update 01/08 – 07/08

The market has continued to get weaker in the past week for the same reasons 1) Weaker THB 2) Continued weakening economy etc etc, now another thought has entered into my mind, historically the USD gets weaker after the first rate hike for a few months, should we expect this to happen will SE Asian equities exhibit some strength into the end of the year? I00sum 01charts

Opportunity Day’s start today!

The opportunity days are back! Starting today you can begin to look go and listen to the owners/CEOs/Presidents’ of listed companies talk about their latest earnings or even stream them online. My analyst just reminded me, the schedule may change from day to day so you’ll have to continually check the SET website. Enjoy!

oppdays

 

 

Source: SET

Management Trades: 01/08 – 07/08 (Gunkul, IFEC)

Notable Transactions

Buy(s)  THB 91 mn

  • GUNKUL – The assistant MD buys THB 51 mn worth of shares, a week before 2Q #’s are announced..(just out and earnings were up 70% YoY on a Q basis, however 50% down on 1H comp)
  • IFEC – The “spouse” of the CEO is dumping warrants and buying shares, I still think this company is the one of the biggest renewable POS’ in the market.

Sell(s) THB 36mn

  • IFEC – See above
    150810 Mgmt_trades