There was a FTSE index re-balancing that occurred on Friday, here’s the breakdown: Large cap inclusion: TRUE (from mid cap); exclusion: BAY. Mid cap inclusion: none; exclusion: TRUE (from large cap). Small cap inclusion: CK, BMCL, SUPER, GUNKUL, GFPT, TICON, CHG, CKP, KCE; exclusion: CPNRF, SUC. All-world inclusion: none; exclusion: BAY. All-Cap (LMS) inclusion: CK, BMCL, […]
Read More →Hot off the presses: The FTSE Global Equity Index Semi-Annual Review which will take place as of the close of Mar 20, 2015. BAY will be removed from FTSE All-World and FTSE Large-Cap and TRUE is upped to Large Cap from Mid Cap. FTSE Large Cap: Add: TRUE Delete: BAY FTSE Mid Cap: No addition […]
Read More →ABC ABC set revenue target for 2015 at Bt800mn, focusing on five new concerts. The company plans to add more alliances with 3-4 credit card issuers, which it expects to conclude by mid-2015. The major shareholder intends to reduce his holding from 76% to not less than 50%. (Khao Hoon, 18/02/15) Comment: Not a bad […]
Read More →AKR 2015 to be a good year — AKR says business will be strong in 2015 with revenue expected to grow 30%, supported by the government’s plan for alternative energy projects. Further, it will start booking revenue from solar panel sales. It is waiting for results on its bid to supply an electricity transformer worth […]
Read More →The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →BKD BKD to book Bt400mn of current backlog in 4Q14. It is confident that revenue for the year will exceed its target of Bt1.1bn. It expects to know the bidding results of a new project worth Bt1bn this year. It has set a five-year plan targeting revenue growth of at least 20% per year. (Kao […]
Read More →KCE embarks upon expansion to enhance global stature SET-listed KCE Electronics Plc makes printed circuit boards (PCBs) for the global automotive industry. President and chief executive Pitharn Ongkosit discusses the company’s strategy and outlook. Mr Pitharn expects KCE Electronics will be a US$1-billion company in six years. Please explain KCE’s business model. KCE is among […]
Read More →AAV Thai AirAsia’s load factor slides in Q2 — Thai AirAsia (TAA) carried 16% more passengers in the second quarter but the growth lagged behind its 23% rise in capacity. Thailand’s largest low-cost carrier recorded 2.8mn passengers between April and June when it had 3.6mn seats. TAA’s load factor was 78%, down from 82% in […]
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 →GOLD Golden Land cranks up outlook – GOLD has increased its housing sales and revenue forecasts by 36% and 16%, respectively, citing improved sentiment in the low-rise housing market. Saenphin Sukhee, managing director for residential development, said Golden Land raised its 2014 sales target to Bt3bn from Bt2.2bn earlier as housing demand in the low-rise […]
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