Notable Transactions Buy(s) AH – The owner has been buying up his shares all of this year . Ticon – Lots of buying happening here , are REIT’s the reason for this? Does beg the question as to why management and founders weren’t buying their own shares when the stock was low mid-teen’s. Tpipl – […]
Read More →AMATA AMATA to set up property fund this year — AMATA aims to set up a real estate property fund this year. It said sales have grown by 10-20% from last year’s 2,800 rai. It has also secured a backlog of land worth Bt7.6bn, which is expected to be recognized this year. The company will […]
Read More →DNA – DNA to distribute hit Chinese movie — DNA, a home entertainment retail and distribution company, will distribute “Lost in Thailand” movie to more than 100 cinemas. Management is confident that its gross margin will be 40-50% if it distributes 10-12 movies. Revenue is expected to grow 40%. (Khao Hoon, 7/2/13) Comment: On a […]
Read More →Amata Corporation Plc is Thailand’s leading developer of industrial estates, established in 1989 and listed on the Stock Exchange of Thailand (SET) in 1997. It is the flagship of the Amata Group, with 15 subsidiaries that manage the supply of utilities, infrastructure and services in Amata industrial estates. Chief operating officer Viboon Kromadit discusses the […]
Read More →ADVANC – Expects to be #1 in 3G — ADVANC states that its four core strengths, “network-equipment-application-service”, will help it compete in the 3G market. The company is ready to invest Bt13bn in the first phase to expand its network, as it targets to be the number one provider for 3G service. (Khao Hoon, 18/01/13) Comment: […]
Read More →AMATA – New strategy will slow growth — AMATA said that revenues and profits this year are expected to slow due to a new business strategy, which focuses on long-term leases on land of up to 30 years instead of selling the land. The company hopes to hold on to its assets for the long term […]
Read More →Applications for Board of Investment (BoI) privileges in 2012 topped 1.46 trillion baht, the highest ever, Industry Minister Prasert Boonchaisuk said on Thursday. The number of projects rose from 2011 by 29.7%, while investment worth was up 131%. These investment projects would create an estimated 348,866 jobs, the minister said. Source: Bangkok Post Booyah! This […]
Read More →The THB 2.2 trn infrastructure budget has been bouncing around the government for the past 2 years and now it looks likely to go ahead in 2014. There were a few interesting points from the article in today’s paper that caught my eye. In addition to rail projects, nearly a quarter of the 2.2-trillion-baht budget […]
Read More →The first two months of the year are all about the recovery of businesses affected from the flooding, specifically the Industrial’s sector. Both Amata and Hemraj have benefited tremendously from the flood crisis as their industrial estates were not affected at all, also Ticon has begun to recover as the impact on their rental factory […]
Read More →As mentioned in a previous post last week, the market continues to rally strongly on the back of ECB funding essentially saving financial institutions in the Euro zone from going bankrupt. The industrial sector has continued to perform well on the back of news that Amata and Hemraj Plc are going to have very good […]
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