AMANAH- AMANAH to expand its hire-purchase business — The company expects 2013 hire-purchase business will reach Bt5 bn, growing 15%YoY. AMANAH partnered with IBANK to capture Islamic customers. (Tun Hoon, 30/01/13) Comment: Another financing co trying to ride the industry trend. CPN – CPN plans Bt10 bn ‘super mall’ — Central Pattana Plc (CPN), the […]
Read More →Market had a so-so second week with news that Temasek was selling off half of its stake in INTUCH which depressed the tech sector, industrials went on a rampage with the expected news of good land sales by both hemraj and amata and ticon selling another tranche of assets to its property fund. Going forward […]
Read More →JAS To cut shares on issue — JAS will submit its capital decrease issue to the board tomorrow (12 Dec) via the repurchase of 106.85mn shares. This will increase its earnings per share by Bt0.30/share based on projected profits of Bt2 bn in 2012. JAS is also a candidate to be added to the SET50 […]
Read More →Earnings season here continues until the 15th November but given that the majority of the major companies have already announced their earnings I thought it would be best to summarise the results thus far. 9M12 vs 9M11 the top 3 sectors were for net profit growth: Home office Products +160% Food & Beverage +128% Tourism […]
Read More →My my how things quickly change again….., after just supposedly being saved by the EU with the leveraging of the EFSF, Greek Prime Minister George A. Papandreou got all hot and bothered by the Greek public outrage towards the austerity measures, he decides to allow them to make a vote upon whether or not to accept […]
Read More →Following the merger of PTT Chemical (PTTCH) and PTT Aromatics (PTTAR) forming PTT Global Chemical, effective from the start of trading on Friday 21 October 2011, there naturally will be an impact on the SET Large Cap indices and on BIG C Supercenter’s stock price.
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