BCP Only slight QoQ fall in EBITDA in 2Q14 — Although its refinery will be shut down for maintenance, BCP expects EBITDA for 2Q14 to only fall slightly compared to 1Q14. Even though EBITDA for refinery business will fall by 30%, revenue from its three solar energy phases plus the attractive adders, will help strengthen […]
Read More →MC Group Plc started its jeans business in Thailand under its own Mc brand in 1975 and listed on the Stock Exchange of Thailand last July. Today MC specialises in retail and distribution management of lifestyle products and services for brands under the group as well as other leading brands. Chief executive Sunee Seripanu discusses […]
Read More →Note: Transactions by management displayed are only above THB 20 mn Notable transactions Buy(s) THB 1.8bn BBL – The owner of BBL sees value as he buys more MC – K. Sunee the CEO probably sold shares and bought back during the decline PS – K. Thongma, founder of PS, buys another THB 100 mn […]
Read More →CPF No growth hormones — CPF says that its chicken is safe and that it does not use growth hormones. It said the more rapid growth comes from an improved strain and better use of technology, along with better farm management and disease prevention. (Khao Hoon, 13/12/13) EA Investing Bt25bn in solar and wind farms […]
Read More →BAFS 10% growth in fuel sales in November — BAFS reports fuel sales of 435mn liters in November, up 10% YoY. 11M13 sales increased to 4.49bn liters due to more flights. (Khao Hoon, 9/12/13) Comment: This company can essentially be seen as a bond that grows with the increased traffic at the Bangkok Airports ECF […]
Read More →CPN 23rd Central Festival open in December — CPN will open its 23rd Central Festival shopping mall in Had Yai on December 14. It has invested over Bt7.2bn in the project. The construction is currently at 95% completion. (Khao Hoon, 21/11/13) HMPRO HMPRO to expand aggressively in the last 2 months. HMPRO will open its […]
Read More →BBL Working to increase NIM — BBL will increase its net interest margin (NIM) and remains confident that it will not affect net profit. Capital reserve for 4Q13 will be in line with expectations and corporate loans will grow 8% this year. (Khao Hoon, 08/11/13) Comment: As much as we like to joke about them […]
Read More →AMATA Sandbagging its IE — AMATA has prepared 500 “big bags” to protect the factories in its IE and is closely watching the flooding situation, after Nari typhoon pushed water levels up to 30-40cm on roads around Phase 1-3 factories. In phrases 7-9 it is pumping at full capacity and is prepared to deal with […]
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 →ADVANC AIS tries new approach for roaming fees – Advanced Info Service (AIS) is introducing an unlimited mobile chat package to ease consumer fears over exorbitant international roaming fees when using their phone overseas. (Bangkok Post, 08/10/13) CMO New venture with Zaap — CMO announced a joint venture with Zaap, called CMO-Zaap, a new company […]
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