Management Trades 25/07 – 29/07

Notable Transactions

Buy(s) THB 28 mn

  • N/a

Sell(s) THB 614 mn

  • QTC – The tender offer is still in play, interesting that its @ ~thb 7/share but the stock is at 14…
  • HMPRO – Must’ve been a block sale by this director..
  • IHL – More selling out of IHL, are things changing at this company on the shareholder level?
  • ITD – When was the last time you saw the founder ever buy shares in ITD?
  • ILINK – Two directors selling rather large stakes
  • DCORP – The Vice Chairman dumps some 3 mn shares
  • CRANE – Now this is a first, haven’t seen a sale by anyone in CRANE for as far back as I can remember.

mgmt_trades

Stocks in the news (age, amatav, beauty, bem, bh, bm, fpi, jasif, jmart, k, lanna, match, oto, spali, synex, wice) 01.08.16

AGE
AGE expects revenue from port and warehouse business of Bt100mn. It expects full-year sales to reach target of 2mn tons. It expects 2Q16 earnings to be good. It plans to expand abroad and is waiting for results of its bid for a biomass power plant in South. (Thun Hoon, 01/08/16)
AMATAV
AMATAV expects 2017-2018 earnings to double after booking revenue from the sale of land. It expects 1H16 earnings to be normal due to route and development problems. It has budgeted USD200mn to develop and buy land. It expects D/E ratio of not over 1:1. (Bangkok Business, 01/08/16)
Comment: They haven’t really proven to do much in Vietnam since being listed..
 
BEAUTY
BEAUTY expects 2H16 earnings to double due to high season in 4Q16 and expansion of distribution. It plans to expand business to tourist attractions. It expects 2016 revenue growth to exceed target of 20%. (Thun Hoon, 01/08/16)
Comment: Well…ok…keep going BEAUTY. It’s painful to watch…
 
BEM
BEM got the Blue Line job and expects clarity in August. It expects 2H16 earnings to grow supported by Sri Rat expressway and the Purple Line. It plans to bid for the Yellow, Orange and Pink Lines; results are expected to be published by the end of 2016. (Thun Hoon, 01/08/16)
Comment: We did say back when the news first came out the BEM would be THE infrastructure play for Thailand. Just wait til they announce an infra fund…

Continue reading Stocks in the news (age, amatav, beauty, bem, bh, bm, fpi, jasif, jmart, k, lanna, match, oto, spali, synex, wice) 01.08.16