Tag Archives: bdms

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 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 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 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 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 will pay an interim dividend of Bt2/share, payment on Sep 23. (Kao Hoon, 29/08/16)
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

Management Trades 10/07 – 15/07

Notable Transactions

Buy(s) THB 86.6 mn

  • CK – And the owner is back to buying shares
  • BLAND – K. Anant has never sold any shares for as long as I can remember
  • BDMS – A director buys more shares

Sell(s) THB 1.1 bn

  • BKD – The MD sells some 10% of total listed shares, to whom?
  • IHL – The CEO sells off ~4% of total listed shares, again to whom?
  • VNG – The family sells off shares, to our understanding these are block sales to investors


Management Trades 20/04 – 24/06

Notable Transactions

Buy(s) THB 285 mn

  • BDMS – And he’s still continually buying shares
  • AJ – For a moment I was quite curious what’s going on until I see its a shareswap

Sell(s) THB 186 MN

  • AJ – See above
  • IHL – Second big sale here
  • MAJOR – A first I think, I haven’t seen K. Wichai (to the best of my memory) ever sell shares before

160628 mgmt_trades

Management Trades 13/06 – 17/06

Notable transactions

Buy(s) THB 606 mn

  • BDMS – Massive buying again!
  • COL – Now this interesting, I’ve always wondered when or how this company will be able to be successful. Would Central Group shove its Lazada purchase into COL?
  • PLANB – Their 1Q #’s were awful hence the ~20% drop in share price, but the owners seem to still believe in its future

Sell(s) THB 8.2 bn

  • AAV – Boom the huge sale to King Power
  • KSL – Are they still afraid of sugar prices?
  • IHL – The MD sells some 2% of outstanding shares


How Cheap Oil and Fewer Nose Jobs Hurt Thai Hospital Stocks

Hospital stocks in Thailand are now trading at nosebleed levels with the sector average at ~50x PE, but what I’ve learnt from the past, just because a company has a high PE doesn’t mean you should ignore it if the compounded growth potential is there. Here are some snippets and the link to the rest of the article

That’s clouding the outlook for Thailand’s health-care shares, which surged more than 800 percent over the past seven years, as valuations start to look stretched amid the falling demand. Bangkok’s Bumrungrad Hospital Plc, known as the grandaddy of international clinics, has slumped 16 percent since early March after patient volumes from the United Arab Emirates, its second-biggest source of overseas visitors, fell 20 percent in the first quarter.

Sitting at the apex of the industry is Bumrungrad, which attracts more than half a million foreign patients a year and has a network of 32 referral offices everywhere from Mongolia to Ethiopia. Sixty-seven percent of revenue came from overseas visitors last quarter, company figures show. Myanmar residents were the biggest source, accounting for 8.4 percent of total patients, followed by 8.3 percent from the U.A.E. and 5.9 percent from Oman

Source: Bloomberg 

Management Trades 23/05 – 27/05

Notable Transactions

Buy(s) THB 377.2mn

  • BDMS – And he’s still buying!
  • VNG – There’s been a lot of buyback by management here over the past few weeks. 200 MW in bio mass a definitive go?

Sell(s) THB 111.4mn

  • MAX – Looks like the attempt to do the reverse takeover has completely failed.


Management Trades 25/04 – 29/04

Notable Transactions

Buy(s) – THB 344 mn

  • BDMS – And he’s still buying ! This time another THB 279 mn worth of shares
  • IFEC – Well they seem to trying to turn this into a “buy whatever we can” company

Sell(s) – THB 994 mn

  • JWD – Already in the news that this was a block sale to Templeton
  • SCI – See above
  • CRANE – The jump in the stock price led to him selling?


Stocks in the news (bdms, ihl, itd, nusa, pttep, ps, pylon, seafco) 22.04.16

BDMS sets 2018 revenue target to reach Bt100bn supported by foreign customers. In 2016, It budgets Bt6bn to renovate its hospital and buy medical equipment. (Khao Hoon, 22/04/16)
Comment: Given the way that Prasert continues to buyback shares in BDMS he must have a lot of faith in the business’ ability to grow from 70 bn today to 100 bn in 2 years.
IHL expands its business to high margin. It plans to open a protein factory to support revenue and expects this to be operational in June. It targets 2016 revenue of Bt2.5bn from Bt2.2bn in 2015 supported by more orders and new business. (Thun Hoon, 22/04/16)
Comment: Well if you believe in an automotive rebound and IHL’s ability to shift its product mix then sure.
ITD expects 2016 revenue of over Bt60bn and 2017 revenue of Bt130bn after getting a new job worth Bt200bn. It plans to deal with French investors to bid for the Pink and Yellow lines jointly. (Khao Hoon, 22/04/16)
NUSA plans to expand its business to ASEAN. It plans to cooperate with partners to set up JVs as well as invest by itself. It expects to make a decision in 3Q16. It is confident that 2016 revenue will hit the target of Bt2bn, up from Bt1.2bn in 2015, supported by more pending transfers. (Thun Hoon, 22/04/16)

Continue reading Stocks in the news (bdms, ihl, itd, nusa, pttep, ps, pylon, seafco) 22.04.16