Changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of May 31, 2016.
MSCI Thailand: (+2) EGCO, ROBINS
MSCI Small Cap (Thailand): (+3) DNA, GL, S
(-6) EFORL, SAMTEL, SDAT, SRICHA, TIPCO, TTCL
AOT to put Suvarnabhumi airport phase 2 up for auction, This project is valued at Bt16.7bn (Khao Hoon, 23/3/16)
Berli Jucker Plc’s (BJC) shareholders okay buying BIGC. Shareholders have voted in favour of a $6.2 billion acquisition of hypermarket operator Big C Supercenter Plc from France’s Casino Group, sources told Reuters. (The Nation, 23/3/16)
Comment: Boom and now they have BIGC in Thailand and Metro in Vietnam, don’t be surprised to hear about expansions into Laos and Cambodia next.
CCP is confident that 2016 revenue will reach Bt2.6bn with Bt2.485bn backlog. It plans to join auctions worth Bt3bn. (Khao Hoon, 23/3/16)
EFORL handed letter to SEC regarding internal control of Wutthisak Clinic Inter Group. It is planning to list its subsidiary on the market. (Thun Hoon, 23/3/16)
Comment: Well priced in by the market for years…
ANAN targets 2016 revenue of Bt14.5-15.5bn (43% growth) backed by Bt38bn backlog. It targets sales of Bt21.5-22.5bn with 32% gross margin. It is confident 2015 revenue will reach target of Bt10-11bn. It plans to launch ten projects, valued at Bt22-23bn, next year. (Thun Hoon, 18/12/15)
Comment: Perhaps one of the few property companies still growing in Thailand
AJD expects 4Q15 earnings to be good backed by Top-Up machines. It plans to add 50,000 ToUp machines next year. (Thun Hoon, 18/12/15)
Comment: Follow this name at your own risk.
ASEFA expects orders to surge from mega projects and growth in data centers. (Thun Hoon, 18/12/15)
BCP is budgeting Bt3bn to expand its oil retail business in 2016. It plans to open 60 gas stations and also focus on non-oil business for sustainable growth. (Khao Hoon, 18/12/15)
CRANE expects performance to turn around next year backed by demand. It expects 2015 revenue to achieve its target. It is talking to a prospective partner to invest abroad. (Thun Hoon, 18/12/15)
Comment: It has consistently been an undervalued stock despite the fact that core business has always done ok.