BMCL Blue Line negotiations, not bids – The cabinet has given the green light to the Mass Rapid Transit Authority of Thailand (MRTA) to negotiate with BMCL with regards to operating the Blue Line extension. In addition, the Transport Minister is ready to bring back the Joint-Venture 2013 law between state enterprises and private operators. […]
Read More →Note: Scroll down to see commentary for the past 3 days. Stocks in the news (amata, arrow, bay, bkd, cbg, ecl, kbs, ldc, pf, ptg, ptt, spali, super, tcap, thai, ttcl, wha) 27.01.15 AMATA AMATA plans to invest in industrial estate in Myanmar, in addition to its existing investment in Vietnam to prepare for the […]
Read More →CHO CHO confident revenue this year will grow no less than 50% due to strong flow in orders. It said that it plans to expand aggressively in overseas markets further through its catering hi-loaders truck business for airlines in markets abroad. The management confirms the exercise date for CHO-W1 is Dec 30, 2014. (Thun Hoon, […]
Read More →BCP BCP says EBITDA this year will hit Bt10bn supported by revenue from its solar farm and investment in Nido Petroleum. It will go on a roadshow with the SET in the US. (Kao Hoon, 28/10/14) Comment: I’ve never liked their E&P expansion and with the refcent 20% decline in oil prices I do wonder […]
Read More →AJD Board approves issue of 750mn AJD-W1 shares. These will be allotted to existing shareholders at the ratio of 4 shares to 1 warrant for free to help support working capital and expand its business. The board has also approved a change in par Bt0.50 to Bt0.10/share to help increase liquidity. The Managing Director said […]
Read More →AJ Management expects good performance in 2H14 after 2Q14 earnings of Bt13.71mn, up from a net loss in 1Q14. It plans to add value-added products and increase high-end clients overseas, supporting profit margin. It expects to be in the black in 3-5 years. (Thun Hoon, 27/08/14) Comment: This company has been losing money for the […]
Read More →Here are my thoughts on the above names: Asian Insulators (AI): The recovery in their earnings over the past 3 years have been outstanding, +300% in 2012, +36% last year and 1Q14 was already up +30%. Chularat Hospital (CHG): Potential takeover target for BGH and still a decent performer in the hospital sector Dcon Products […]
Read More →BTS BTS reveals passenger traffic growth of 4-5% YoY in 1QFY15, below the estimate of 7% YoY, because the government has adjusted the Thai school semester to be in line with AEC. The company is waiting for bidding to open for the Green Line and expects the NCPO to support all train line projects. (Kao […]
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 →ADVANC AIS rolls out Future Cube for demos – Advanced Info Service Plc (AIS) has unveiled a demonstration centre for a virtual telecommunications experience to make deeper inroads into the future of mobile 3D application storefronts. (Bangkok Post, 03/06/14) BTS BTS ready to borrow Bt80bn and is prepared to operate trains on three lines: Green […]
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