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?
Foreign banks help BJC fund US$6.2bn Big C buy – Berli Jucker Plc (BJC) has tapped foreign banks including BNP Paribas as well as domestic lenders to raise US$6.2 billion for its acquisition of Big C Supercenter Plc, putting it on track to successfully meet a March 31 financing deadline. (Bangkok Post, 4/3/16)
Comment: One hopes for BJC that the support is certain otherwise they’ll be out of pocket to the tune of USD 600 mn
GUNKUL approved a par split from Bt1 to Bt0.25 to increase liquidity. It ready to issue a debenture of not over Bt3bn, age not over 7 years to support further expansion. It will offer the debenture to shareholders on April 26. (Thun Hoon, 07/03/16)
Comment: Well if you want to do a stock split now before the SEC implements the 0.50 minimum ruling.
IRCP set up a JV, “Singhacom intergroup”, with Singhacom enterprise to act as a service provider and improve 4G network. It expects to book revenue in 2016 of Bt100mn. (Kao Hoon, 07/03/16
JWD expects to finish M&A deal in ASEAN worth more than Bt3.5bn. It is interested in logistics business. It targets revenue growth of no less than 10%. (Kao Hoon, 07/03/16)
AIT is talking to A prospective partner to provide data center service. It expects this to need Bt400mn capital investment. It plans to ask board approval in April. It plans to take part in Bt10bn public bids, of which it expects to get 40-50%. (Khao Hoon, 25/02/16)
Comment: They’ve come out saying a few times that they want to diversify away from being a project based company, and if the government is really adamant on these data centers then it just sounds like another great cash flow for those that are able to win these contracts
ECF reported 2015 net profit of Bt75mn. It will pay a dividend of Bt0.05/share, XD on April 19. It targets 2016 revenue of Bt1.5bn. (Khao Hoon, 25/02/16)
FPI targets 2016 revenue growth of 10% as the auto sector bottoms out. Its backlog is Bt600mn. It expects Bt300mn to be booked this year. It is talking to a partner to expand to India. (Khao Hoon, 25/02/16)
Comment: Haven’t they said that the deal in India was already completed?
GFPT targets 2016 revenue to reach Bt16-18bn thanks to broiler price recovery and lower cost. (Thun Hoon, 25/02/16)
Comment: Well they have benefited from lower raw mat costs, the only question here is will the domestic price of chicken increase?
GLOW’s board approved investing in Vietnam and Malaysia. Its 2015 net profit is Bt8.35bn. It will pay a dividend of Bt4.36/share, XD on April 29, PD on May 26. (Khao Hoon, 25/02/16)
Comment: Don’t be surprised to see GLOW continually offering special dividends every year
BCH expects double digit growth in this year. It plans to expand its customer base, focusing especially on SSO and foreign clients. It expects 2016 net profit to be good as WMC breaks even in 2H16. (Thun Hoon, 03/02/16)
Comment: I think I’ve been reading about this WMC breaking even for the past….4-5 years now?
ESSO plans to invest in high return businesses to wipe out retained losses of Bt8.35bn. It targets oil retail sales to grow 9% because of high demand as oil prices fall. It plans to launch Diesel Plus and gasohol E20 in order to raise margin. (Thun Hoon, 03/02/16)
Comment: If you look at what just happened to Shell Malaysia, it makes one a bit worried about touching any oil related names @ the moment (Shell HQ sold their 51% stake in the m’asia listed co @ a 65% discount to mkt price..)
GC is talking to a prospective local partner to launch new products. It expects a decision to be made soon. It targets 2016 revenue growth of 5%, supported by large numbers of orders and a weaker baht. (Thun Hoon, 03/02/16)
JASIF will pay 4Q15 dividend of Bt0.22/share, PD on March 2. This brings 2015 dividend to Bt0.74/share or 8.31% dividend yield. (Khao Hoon, 03/02/16)
Comment: JAS is looking forward to receiving some $