BLAND BLAND expects 2Q14 earnings to break a record high with gross profit of Bt7-8bn in the quarter, up 60% QoQ, after reversing provisions set earlier for a court case that has now expired; operating performance was also strong. Its book value is also expected to increase to Bt3.25/share supported by the rise in land […]
Read More →ADVANC AIS to temper revenue view – Advanced Info Service (AIS) says it will revise down its revenue growth target from the previous 6-8% this year because the political stalemate is dragging down economic growth and hurting the mobile sector. But the country’s biggest mobile operator is still expecting positive growth. (Bangkok Post 26/05/14) Comment: […]
Read More →AOT Airport departure tax hike stalled — A bid by Airports of Thailand (AoT) to increase airport departure taxes has been stalled by the political conflict but counter check-in fees will go up anyway, by five baht. Department of Civil Aviation chief Woradej Harnprasert said it was unlikely the planned departure tax increase would be […]
Read More →Of things to note are the huge buy back by BGH’s main doctor Dr. Prasert @ THB 1.8bn and K. Keeree repurchasing shares of BTS, on the flip side its funny to see the majority of MEGA’s family shareholders selling out on IPO day. Note: For the monthly trades, we’ve decided to scale to […]
Read More →Notable Transactions Buy(s) THB 443 mn BGH – Founder still continues to buy shares in his co, another THB 139mn BNC – No name posted here, but THB 49mn isn’t anything to scoff at. GRAMMY – Another THB 72 mn bought by the founder SVI – K. Poe is transferring more shares to his name, […]
Read More →DCC Releases 3Q13 and announces dividend — DCC 3Q13 net profit was reported at Bt295mn on revenue of Bt1.7bn. In the 9M13, net profit came to Bt1.1bn. It has announced a dividend of Bt0.72 per share. (Khao Hoon, 24/10/13) Comment: It was and continues to be one of the easiest plays for upcountry growth in […]
Read More →Notable Transactions Buy(s) THB 2.2 bn GRAMMY – Owner buys THB 347 mn, likely through the recap for the digital tv bidding IEC – Interesting purchase here, IEC has just announced a warrant issue KMC – A prop recap play here, new owner buys THB 39 mn in the markets MC – Management has been […]
Read More →BANPU/RATCH RATCH in talks over Bt40bn coal plant — Ratchaburi Electricity Generating Holding Plc (RATCH) is in talks with ASEAN’s leading coal miner Banpu Plc to develop a Bt40bn coal-fired power plant in Indonesia (700MW) as part of its strategy to maintain business growth. The new possibility in Indonesia is now undergoing a feasibility study […]
Read More →Notable Transactions Buy(s) THB 388 mn GRAMMY – The owner buys a whopping THB 332 mn worth of his own shares KMC – This seems to be a turnaround property story, recapped sometime last year and/or this year, and the Chairman has bought some THB 21.6 mn Sell(s) THB 121 mn CHG – There’s been […]
Read More →BEAUTY 2013 revenue growth of 30% plus — BEAUTY is confident that revenues will grow by more than 30% and profits to grow by 20% as the company pushes to open new branches and launch new products and promotional campaigns to boost sales. (Khao Hoon, 13/09/13) Comment: I do wonder if this will be a […]
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