Notable Transactions Buy(s) THB 288 mn RS – And he still continues to buy, this time to the tune of THB 250 mn, what am I missing here? Any ideas out there? BTS – And a continued buying spree by the founder Sell(s) THB 2.8 mn N/A
Read More →Ministry of Finance told World Bank that the new Public Procurement Act is not a barrier to government investment, claiming that the international standards in the Act can save around Bt30bn for the country. (Matichon, 18/4/18) Thailand approves tax incentive plan to encourage bank mergers. Thailand’s Cabinet approved a plan on Tuesday to offer tax […]
Read More →ABM ABM said 2Q18 earnings are expected to be strong, driven by a lot of orders. It expects sales in the quarter to surge 30%, reaching Bt22bn/month from 1.4-1.5 Million tons/month. (Khao Hoon, 20/4/18) BIZ BIZ’s shareholders approve dividend of Bt0.08/share. The payment date is May 9. It has current backlog of Bt1.46bn, with recognition […]
Read More →BA BA to service air charters between Koh Samui and major Chinese cities, which it expects will drive load factor to 70%. It plans an aviation kitchen in Chiang Mai as well as a maintenance office. It targets greater than 5% revenue growth in 2018 and is not concerned about higher oil prices since it […]
Read More →BEAUTY BEAUTY says 1Q18 earnings were outstanding, driven by sales via every channel. It just signed a contract with a representative in China and expects to sign on two more representatives in 2Q18. (Khao Hoon, 18/4/18) Comment: And the company still confounds me with its ability to keep growing BRR BRR to invest Bt600mn to […]
Read More →AAV AAV targets passenger growth of 18% this year to 23.3mn. Load factor is expected to reach 87%, driven by tourism growth. It will accept delivery of four new airplanes this year to add to its 59-strong fleet. (Thun Hoon, 17/4/18) Comment: Which will mainly come from China BIG BIG says earnings this year will […]
Read More →Notable Transactions Buy(s) THB 124 mn RS – Odd after selling shares he’s buying back GULF – The major shareholder, director, founder, has been continuously buying back shares. Sell(s) THB 7 mn N/A
Read More →And the volatility continues coming. Note the underperforming sectors all but energy related and services…one thing I believe market commentators are missing out on is the continued increase in interest rates likely to come out of the US and then EU and then Japan. If we have benefitted from the abundance of liquidity, what will […]
Read More →The research headlines about Thailand being the next Japan have been going around research desks for the past 6-12 months, you can read the content for some info but in the end the key takeaways that we’ve had regarding this similarity is that there are two sectors that should perform well, first being convenience stores […]
Read More →Department of Revenue to issue law to tax e-commerce business. There will be 3 actions: 1) cancelling VAT exemptions on some goods valued at under Bt1,500. 2) Stating that e-commerce firms are required to pay VAT. 3) Taxing online entities Google, YouTube, Facebook and Line. (Khao Sod, 9/4/18) World Bank raises Thailand 2018 growth forecast. […]
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