Last week, this week, and everyday until the 15th August the market will be (hopefully) determined by earnings releases, although geopolitical events have weighed down on equity markets globally. What was interesting was how Solar related names increased sharply: DEMCO +13% to Bt11.3, SPCG +3.88% to Bt26.75, GUNKUL +5.26% to Bt18, EA +2.82% to Bt25.5, on […]
Read More →BTS BTS confirms a joint ticketing system cost of Bt399mn. Thailand Transport Portal will negotiate to increase quality instead. It expects no problem after it explains the structure to the group protesting. (Kao Hoon, 28/07/14) CHOW CHOW sees bright outlook for 3Q14 as steel price continues to recover, supported by more demand. Its power plant […]
Read More →ADVANC ADVANC will invest more than Bt1.4bn this year to help expand the number of base stations to more than 252,000 in the country and to improve its call centers and change its uniform design. (Khao Hoon, 14/07/14) CPF CPF said sales will grow by more than 15% this year due to lower raw material […]
Read More →BAY BAY keeps 7-9% loan growth aim – Bank of Ayudhya (BAY), the country’s fifth-largest lender by assets, is maintaining its lending growth target at 7-9% this year despite sentiment improving after the military coup ended the political impasse. The new signs have not had a clear impact on loan growth as it is the […]
Read More →AAV AAV’s bookings down 15% due to the coup. The CEO says the airline has seen a significant decline in Chinese clients, but domestic traffic continues to support operations. Khon Kaen, Nakorn Panom, and Naratiwat flights have a load factor of 90%. It will control costs and postpone client base expansion to handle the drop […]
Read More →AOT AOT waiting for NCPO approval of City Airport project worth over Bt18bn. Two more of its board members have resigned as the management shakeup continues. (Thai Post, 13/06/14) Comment: I hope, I dearly hope, that the military will not be corrupt. DTAC NBTC takes aim at DTAC with 4G cap – The national telecom […]
Read More →AQUA AQUA accesses warehouse business via 69% in TCDC worth Bt475mn. It aims to increase recurring income and will list it in stock market in the future. Its board has given permission to raise funds via private placement priced at Bt1 per share. (Khao Hoon, 04/06/14) Comment: Look at adding this name to your watchlist, […]
Read More →Gunkul Engineering Plc is one of Thailand’s top producers and traders of electrical equipment and has expanded into electric power production, mainly from renewable energy, both solar and wind. Chief executive officer Sopacha Dhumrongpiyawut discusses the company’s strategy and outlook. What is Gunkul’s business model? Gunkul is a one-stop provider for renewable power plants and […]
Read More →ADVANC ADVANC expects revenues this year to grow by 6-8%. It plans to invest Bt40bn to expand its 3G network and bid for the 1800 MHz license in August. (Khao Hoon, 15/05/14) AI AI expects 2Q14 to continue growing strongly, supported by continual growth in revenue sharing from AIE. It targets biodiesel production to increase […]
Read More →EFORL EFORL reported 1Q14 net profit of Bt46mn with revenue of Bt203mn, up from last year, supported by import business and continual growth in sales of medical supplies and equipment. It says revenues this year will reach its target of Bt1.5-2.0bn. (Khao Hoon, 09/05/14) GUNKUL GUNKUL expects revenue to grow by 50% YoY and net […]
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