AP reports 4M20 sales topped Bt8.33b, Bt4.93b backlog pending transfer, delay plans to add land bank, maintaining Bt33.5b FY20 presales target. Comment: That’s still decent. BAM reaffirms at least Bt1 dividend payout this year, sees recovery in 2H, plans to sell Bt3.3b worth of rehabbed assets. Inclusion into MSCI this Friday will see $58m inflows, […]
Read More →ANAN reports sales from 4 newly launched projects topped Bt8.8b, lifts total above Bt24b full year target. Comment: And still consistently beats all expectations… BH signs agreement PRINC to operate Joint & Spine Centre of Prince Suvarnabhumi Hospital owned by PRINC. Comment: PRINC finally making more moves in the industry, and BH needs the additional […]
Read More →Notable Transactions Buy(s) THB 377.5 mn KAMART – A rare massive buy from a director/family member EA – He still believes in his own “gigafactory” RAM – Must be a share swap given the lack of liquidity in this name CCET – The Vice Chairman buys ASAP – A director thinks there’s value here too […]
Read More →BKD BKD reported 3Q15 earnings growth of 107%. It expects 2015 revenue to mark new high. It has completed up a roadshow in Hong Kong with CLSA with good feedback. (Khao Hoon, 11/11/15) Comment: I just don’t understand how they were able to grow as well and whether or not it is sustainable. BRR BRR […]
Read More →ABICO ABICO expects 2Q15 profit to be good, benefitting from increasing in international customer base. It says 68% capacity is enough for handling the new orders. It does not have any investment plan. (Thun Hoon, 18/06/15) Comment: An interesting holdco with a stake in MALEE, now the question is how do value a cow? (they […]
Read More →BMCL MRTA to negotiate with BMCL on the Blue line extension work worth more than Bt100bn. The Governor of the MRTA said this would be more beneficial and effective than an auction and will help lower costs for both service centers and construction. (Kao Hoon, 18/07/14) Comment: BMCL’s stock price has been going through the […]
Read More →My my, how did we get ourselves into this predicament? Thailand’s flood situation just seems to get worse and worse and there isn’t much that the government can do about this except be reactive. My friends in Bangkok have already started to move their cars to be parked far above ground level in anticipation of […]
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