Stocks in the news (acd, ah, aq, asefa, br, bsm, ck, cpall, fer, focus, gpsc, ichi, lpn, pdi, preb, prin, singer, svoa, tluxe, work) 28.08.15

ACD
ACD has approved the acquisition of ordinary shares of Orin for Bt195mn, including one condo under development named Origins Bangmod-Rama2 which has already 85% in construction, expects to transfer and contribute revenue by this year. (Thun Hoon, 28/08/15)
Comment: Looks like a reverse IPO for Orin into ACD

AH
AH expects revenue to stagnant this year because of a drop in auto production to 2mn cars. It expects 2H15 performance to improve backed by new orders. (Khao Hoon, 28/08/15)
Comment: It’s been a dog since they took over KPN’s automotive manufacturing business

AQ
AQ expects no impact from KTB case as the value of its collateral exceeds the Bt10bn awarded by the court. Management says it plans to open three new projects. (Thun Hoon, 28/08/15)
Comment: Quite the scandal here.

ASEFA
ASEFA expects 2H15 revenue to be better than 1H15. Its backlog is Bt1.5bn and Bt1bn is expected to be booked this year. It is confident 2015 revenue will achieve 20-25% target growth. (Khao Hoon, 28/08/15)

Continue reading Stocks in the news (acd, ah, aq, asefa, br, bsm, ck, cpall, fer, focus, gpsc, ichi, lpn, pdi, preb, prin, singer, svoa, tluxe, work) 28.08.15