Notable Transactions Buy(s) THB 33 mn N/A Sell(s) THB 2.4 bn MTLS – A huge sale from the owner. Does he not see a continuation of the 50% YoY growth after 2017? TKN – Again the major shareholders sell, looks like a block trade BEAUTY – See TKN BA – Now this is a rarity, […]
Read More →ADVANC ADVANC plans to increase 2016 revenue target to accommodate greater revenue from services and a campaign to stimulate sales. It expects the 900MHz license to cut EBITDA margin in 2H16 to an average of 38-39% in the year. It expects maintain its 100% dividend payout. (Thun Hoon, 19/08/16) Comment: While the dividend payout ratio […]
Read More →AGE AGE expects 2H16 to be good. It plans to do a marketing campaign in ASEAN. It is confident that 2016 sales will reach the target of 2.2mn tons. It reported 2Q16 net profit of Bt29mn, up 4% YoY and total revenue over Bt1bn. (Thun Hoon, 15/08/16) AOT AOT reported 3QFY16 profit of Bt5.06bn, growing […]
Read More →BA BA expects 2016 revenue and net profit to mark a record high aided by increasing flights, opening new routes and lower oil price. It is talking to four airlines partner about code sharing and expects to expand to 25 airlines in 2017. It plans to cooperate with Bangkok Hospital to provide ambulance flights this […]
Read More →Buy(s) THB 304 mn IFEC – Hmmm should we really believe in this IFEC story? BA – And he’s still buying and buying and buying TFG – The Chairman decides to buy another THB 25 mn worth of shares Sell(s) THB 240 mn IFEC – Nope! TVT – So has it peaked for TV content? […]
Read More →Notable Transactions Buy(s) THB 765 mn BA – And he continues to buy and buy IFEC – Looks like a trade between two shareholders EARTH – Haven’t seen buying in this name for a while Sell(s) THB 198 mn IFEC – See above PTG – Interesting to see quite a large sale by this director […]
Read More →And here you go…I wouldn’t be surprised to see 50% of all tourists in Thailand come from China within the next 5 years. So who benefits? It is isn’t necessarily just the airport (AOT), airlines (AAV, BA, NOK, THAI) nor the hotels (ERW, MINT, CENTEL, DTC) but names like BEAUTY have said that they’ve benefited […]
Read More →Notable Transactions Buy(s) THB 598 mn BIG – Some THB 160 mn bought by the two founders, a block purchase perhaps? BA – And he continues to buy and buy and buy BROOK – Hmmm BROOK … hmmm SPALI – Typically whenever you see this family buying back their shares in SPALI, implies a very […]
Read More →Notable Transactions Buy(s) THB 639 mn BA – And he continues to buy and buy and buy, this time 400 mn worth of shares SAWANG – Just a share swap amongst the family members IFEC – That’s quite an expensive way to support one’s stock price. Sell(s) THB 3.4 bn WHA – Block sale by […]
Read More →BAY BAY targets loan growth of 7% mainly corporate loans in Thailand and Japan. It expects revenue from fees to grow, offsetting lower NIM. It expects NPLs in 2016 of not over 2.5% and plans to sell Bt2-3bn in NPLs. It plans to issue a debenture worth no less than Bt10bn to bring Tier 2 […]
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