Tag Archives: Rthai

Stocks in the news (bay, bec, cpn, hydro, tgpro, tmb) 22.08.13

BAY bullish on SME loans despite economic slowdown – The Bank of Ayudhya (BAY) maintains its 15% growth target for its small and medium-sized enterprise (SME) loans this year on expectations that the country’s economy will return to normal growth in the next six to 12 months. Thailand’s fifth-largest lender by assets typically sets its SME loan growth at two to three times higher than the country’s gross domestic product (GDP) growth. BAY expects its SME loan portfolio will increase to Bt208bn by yearend from Bt196bn now. This year’s target is part of the bank’s aggressive goal to join the top three SME lenders with a portfolio of Bt300bn by 2019. (Bangkok Post, 22/08/13)

Comment: We’re hearing that the majority of banks are going to decrease the amount of “risky” loans on their books

BEC

BEC raising ad rates — Channel 3 will raise its advertising rates by 5-10% on weekend evenings from Oct 1 on the back of brisk demand despite the economic slowdown. The increase will be for the 5.45-7.15pm time slot on Saturday and Sunday. (Bangkok Post, 22/08/2013)

Comment: Small impact on the overall business

Continue reading Stocks in the news (bay, bec, cpn, hydro, tgpro, tmb) 22.08.13

Stocks in the news (ck, kbank, hydro, lalin, trc, true) 25.07.13

CK eyes 25% of Bt2trn transport projects – CH Karnchang (CK) hopes to secure 25% of the Bt2trn worth of infrastructure projects due to be put up for bidding by the Transport Ministry between this year and 2016. (The Nation, 25/07/13)

KBANK

Kasikorn sees brighter days ahead for corporate deals – Kasikornbank (KBANK) predicts strong demand for private-sector financing over the next 12-18 months, driven by better economic circumstances locally and globally. Executive vice-president Vasin Vanichvoranun said during the period, KBANK expects companies to invest a combined Bt1trn as the outlook brightens. KBANK itself has signed several investment banking deals with corporate customers with a collective value of Bt150-200bn over the next 12-18 months. (Bangkok Post, 25/07/13)

Comment: Kbank and scb are both fighting quite hard for more corporate business, I still think that eps growth for the banking sector in general is going to slow down for the 2H13

Continue reading Stocks in the news (ck, kbank, hydro, lalin, trc, true) 25.07.13