AIT AIT sets a revenue growth target at 10% to Bt6.8bn with backlog on hand of Bt2bn. The firm also has potential projects of Bt10bn that will come up for bidding this year. (Khao Hoon, 19/02/15) Comment: This company still continues to confound me with its consistent growth, with its capital increase 2 years ago, […]
Read More →BTS BTS too book ~Bt1.5bn revenue from NPARK if NPARK sells the 20 rai of land at Onnut with market value of Bt3.2-4.0bn to an international school. It hopes to book the gain in 2Q15. (Khao Hoon, 17/2/15) EA EA to start commercial operations of its 90MW-solar farm in Lampang today. This new solar farm […]
Read More →ASP New Europe trigger fund — Asset Plus Asset Management expects a rebound in European stock markets and is launching a Europe trigger fund with an expected return of 16% over MSCI Europe Index. Its ASP-Europe Value Fund will accumulate more European stocks. (Khao Hoon, 13/2/15) Comment: Why Thai retail investors love Trigger Funds I […]
Read More →AIE AIE says it will conclude a business cooperation agreement with a new partner by 3Q15. (Khao Hoon, 12/2/15) CSS CSS talking with board to split par to Bt0.10. Its energy business is doing very well, thanks to a good partner, Prime, which holds a PPA for 200MW solar energy in Japan plus several projects […]
Read More →Notable Transactions Buy(s) THB 10 mn N/A Sell(s) THB 3.6 bn AIRA – Looks like a huge block sale by one of the founders CK – It’s very rare to see the founder of CK sell his shares EA – Also looks like a block sale here PS – A director sells off a decent […]
Read More →AOT Waiting for cabinet approval — AOT is waiting for cabinet approval of the backup runway project with Multi-Function Terminal with an investment budget of Bt48bn. The PM has confirmed that the government wants AOT to set up an infrastructure fund to help finance its projects. The company’s board meeting will be held on January […]
Read More →DRT DRT expects sales this year to be better supported by the recovery in the construction material and real estate markets as the government continues to inject investment to help stimulate the economy. The company plans to launch new products and expand in markets at home and aboard. (Kao Hoon, 13/01/15) Comment: We do wonder […]
Read More →Notable Transactions Buy(s) THB 245 mn NMG – The Presidents buy’s a significant number of shares worth THB 37 mn IFEC – The CEO buys a sizeable stake, most likely off the market. EARTH – The key family members are buying back stakes, most likely off the market as well. Sell(s) THB 1.1 bn EA […]
Read More →With Xmas and New Years within the next 2 weeks, this will be the last post for the year as its time to unwind, relax and recharge for what will be an exciting and most likely volatile 2015. 2014 was close to a normal year for Thailand, we faced a military coup with a self […]
Read More →As posted earlier this month, there MSCI rebalancing was effective as of today’s closing, a gentle reminder on what the changes were MSCI GLOBAL STANDARD INDEXES – The following are changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of Nov 25, 2014. ADDITIONS: DELTA, EA, TUF […]
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