Stocks in the news (a, akr, ama, banpu, bbl, bdms, erw, fsmart, genco, ilink, irpc, kcm, phol, pstc, sat, sci, snc, vng, wha) 29.08.16

A
A plans to open new projects worth Bt6bn to bring its backlog to Bt1bn. It expects 2016 revenue to grow 30% from Bt4.45bn last year, supported by more transfers. (Thun Hoon, 29/08/16)
Comment: One of the most stable stock price charts I have ever seen
 
AKR
AKR expects 3Q16 to turn to profit after booking backlog. It expects to bid for a new job in Thailand in 2H16. It targets 2016 revenue of Bt2.5bn and plans to do a JV with in Indonesia and Vietnam with local partners for power plants abroad. (Thun Hoon, 29/08/16)
AMA
AMA has filed for an IPO with the SEC of 108mn shares. It expects to expand its fleet and vehicles to allow it to get in on potential in Thailand and abroad. (Kao Hoon, 29/08/16)
Comment: No idea who this is, but looking forward to seeing another first day bounce
 
BANPU
BANPU is preparing to increase capital of Banpu Power or BPP to shareholders at a ratio 18-25 BANPU shares to 1 BPP share. It will pay an interim dividend of Bt0.25/share, XD on Sep 8. (Kao Hoon, 29/08/16)
Comment: Another capital increase. Getting ready for the listing of BPP in the near future perhaps. 
 
BBL
BBL will pay an interim dividend of Bt2/share, payment on Sep 23. (Kao Hoon, 29/08/16)
BDMS
BDMS expects 3Q16 to be outstanding due to high season and more customers. It expects 2016 profit to reach Bt9bn, growth of 15%. It plans to expand to 50 hospitals within 2-3 years. (Kao Hoon, 29/08/16)

Continue reading Stocks in the news (a, akr, ama, banpu, bbl, bdms, erw, fsmart, genco, ilink, irpc, kcm, phol, pstc, sat, sci, snc, vng, wha) 29.08.16

Market Update 22/08 – 26/08

So we are approaching the wonderful month of September where things normally go wrong. There are a litany of potential market negative news that could hit so lets see how everything unfolds. Sector wise, interesting that consumer products index hasn’t quite kept up the runs in services, and that insurance names continue to be weak – low rates aren’t a good thing for these mini investment houses.

00sum 01charts

Management Trades 22/08 – 26/08

Notable Transactions

Buy(s) THB 33 mn

  • N/A

Sell(s) THB 2.4 bn

  • MTLS – A huge sale from the owner. Does he not see a continuation of the 50% YoY growth after 2017?
  • TKN – Again the major shareholders sell, looks like a block trade
  • BEAUTY – See TKN
  • BA – Now this is a rarity, a sell out of BA. When will they get rid of their BDMS shares?
  • HMPRO – And he continues to sell
  • MCS – Ohh a first sell from this wonderful steel manufacturer.

mgmt_trades