The Thai stock market has been rather volatile because rumours of the King’s health in September and his unfortunate recent passing. A lot of questions were asked throughout the market regarding how on earth did the market rebound so quickly the day of the event. Some say it’s a “Sell the rumour, buy the fact” others point […]
Read More →APCO APCO will increase capital, issuing 238.37mn shares as a rights offering. It plans to do a JV with three companies in Oct-Nov. It plans to expand its distribution channels to expand 2017 revenue. (Khao Hoon, 20/10/16) Comment: Distribution channels is the name of the game for MLM companies like APCO BA BA expects […]
Read More →ALT ALT is going to do a roadshow in the US. It expects this to increase foreign shareholding. The plans will be firmed in October. It expects to get a new job to support its backlog of more than Bt800mn. It maintains 2016 earnings growth of 10% from last year driven by customer expansion. (Thun […]
Read More →AP AP expects to open 12 new projects in 2H16 in total worth Bt25.58bn. This will support 2016 presales to hit its target of Bt31bn. Presales are at Bt14.07bn with backlog of Bt17.06bn, of which it will book Bt8.7bn this year. It is confident that revenue will reach target of Bt23.7bn. (Kao Hoon, 31/08/16) Comment: […]
Read More →BEAUTY BEAUTY expects 2H16 high season to support its sales. It is confident that 2016 revenue will grow more than 20%. It plans to expand its branches in Thailand and abroad. (Kao Hoon, 24/08/16) Comment: The odd thing is that we are seeing management sell shares in the market BJC BJC expands glass output […]
Read More →BANPU BANPU expects to benefit from BPP because it has a 70MW solar farm in China. It expects the remaining 20MW to start up by 3Q16. (Khao Hoon, 11/07/16) BJC BJC has cancelled its capital increase PP of 800mn shares as investors needed more time to decide but the company had time constraints. It will […]
Read More →AOT AOT is confident that FY2016 profit will be a new high. It reports 1H16 profit of Bt10.1bn supported by tourism recovery. It targets 2016 passengers of more than 12.5%. It will increase its investment budget to Bt194bn to develop six airports and increase non-aeronautical ratio to 50%. (Thun Hoon, 04/07/16) BJC BJC announces a […]
Read More →Here’s some things that I’m finally catching up reading after going through all 1Q earnings… Bill Gross – Investment Outlook June 2016 Anyway, my basic thrust in this Outlook will be to observe that all forms of “carry” in financial markets are compressed, resulting in artificially high asset prices and a distortion of future risk […]
Read More →AIT AIT has backlog of Bt2.73bn, which it expects to realize in two years. It plans to bid for new jobs worth Bt18bn and expects to get at least 45-50%. It plans to expand its Data Center project with a partner with a budget of Bt800mn. It is negotiating with a partner to add new […]
Read More →BIG BIG expects 2Q16 earnings to be good with high margin of 32.4% backed by the mirrorless camera. It plans to open shops to provide photo printing in June, which will boost its net profit. (Thun Hoon, 27/05/16) Comment: Their YoY growth numbers do look fantastic, the question then becomes, is it sustainable? What product […]
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