Tag Archives: gl

Stocks in the news (cimbt, forth, gl, itd, mint, sc, stec, tndt, tsr)


Issuing bonds — BGH will issue unspecified currency convertible bond worth no more than Bt10bn with a tenure of ~5 years. The company will use the cash to fund investments. (SET, 19/06/14)

Comment: Why?! They are net cash, why would the company bother to do this, wouldn’t a normal bank loan be cheaper? Nuts someone go slap the CFO


CGD is confident of profit in 2014, backed by sharp revenue growth from booking phase 1 and 2 of Element Condo at Srinakarin and the setup of an REIT worth Bt1.4bn in late 3Q14. It recently began to construct the Land Mark project. (Khao Hoon, 19/06/14)

Comment: CGD is going to become popular in the news, announcements of their new massive project, booking revenues from their massive project in Srinakarin and now a REIT (but with what?) towards the end the year.


CIMBT keen on transfer – CIMB Thai Bank (CIMBT) aims to annually double its transactions and fee-based income from its international money transfer service, SpeedSend, over the next few years. This is because of expected growing remittance demand with the launch of the ASEAN Economic Community in late 2015. (Bangkok Post, 19/06/14)

Continue reading Stocks in the news (cimbt, forth, gl, itd, mint, sc, stec, tndt, tsr)

Stocks in the news (cpn, gl, kbank, ptt, sanko, wha) 05.11.13


Central Festival Chiang Mai opening November 14 — CPN will open Central Festival Chiangmai, its 22nd retail outlet, worth more than Bt7bn, on November 14. This will be the north’s largest shopping mall. The company will partner up on promotional campaigns. (Khao Hoon, 05/11/13)

Comment: They are just dominating the upcountry area with their malls


GL to buy Cambodian firm- SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. Should the deal go through, GL will become the majority shareholder in the Cambodian firm with a 80% stake. The microfinance firm has Bt2bn in outstanding loans and a customer base of 150,000 accounts. (Bangkok Post, 05/11/13)

Comment: Such a wonderful story this company has


Targets 9-11% loan growth in 2014 — KBANK targets 2014 loan growth at 9-11% and plans to cut NPLs to 2.2%, and targets non interest income growth of 15%, with a larger contribution from bancassurance. (Kao Hoon, 5/11/13) Continue reading Stocks in the news (cpn, gl, kbank, ptt, sanko, wha) 05.11.13

Stocks in the news (becl, bland, GL, msc, noble, PTT, uv) – 17.01.13


Toll raise negotiations taking the first step — Expressway Authority of Thailand (EXAT) is to set up a subcommittee to consider the toll rate hike today before negotiating with BECL. The rate hike will provide additional revenue for maintenance and construction of new expressway projects. (Manager, 17/01/13)


Trading volume surges — BLAND’s trading volume have ballooned over the past four days, with more than Bt20bn worth of shares exchanged hands, due to its first time limit on cash balances after turnover, volume per day and PE reached SET ceilings. (Khao Hoon, 17/01/13)

Comment: All I can say is look at the fact that he bought so many shares under his own name in the past Continue reading Stocks in the news (becl, bland, GL, msc, noble, PTT, uv) – 17.01.13

Sector Update: 06.08.12 to 10.08.12

World news has thankfully been quiet for the past few weeks b/c of the olympics and European politicians on their summer holidays. Sector wise, financials were hit on the back on short term profit taking while the industrials sector (mainly are export manufacturers) had a stellar week on the back of strong earnings announced during 2Q12. With earnings season now officially over as of yesterday I expect the market to be relatively quiet except for the companies that under/outperformed expectations (JMART, KTC, DEMCO, SVI, GL, DSGT) amongst several others. Enjoy!


Continue reading Sector Update: 06.08.12 to 10.08.12