GFPT Earnings to be best in 3Q — GFPT says that 3Q13 earnings will be the year’s best, with 2H13 beating out 1H13. It expects profit to 10% YoY to Bt16Bn. (Khao Hoon, 30/09/13) Comment: Commented here before, wonderful co, and went through the oversupply situation in the past 1.5 years without issues. BBL Admits […]
Read More →BMCL – Purple Line deal agreed – BMCL expects construction of the Purple Line extension will be up and running 40 months from now, two years behind the original schedule of 2015. BMCL, which operates 20km of subway trains and 18 stations from Hua Lamphong to Bang Sue, yesterday signed a Bt82.6bn contract with the Mass […]
Read More →ANAN -JV with Japanese developer — ANAN has announced that will be setting up a joint venture with a Japanese developer, Mitusui Fudosan Residential Company, “Ananda MF Asia Co., Ltd” with an investment budget of more than Bt1.8bn. The first project, “Ideo Q Rama 4”, a condominium project worth Bt6.5bn near the Sam Yan MRT […]
Read More →BCP Investing to raise biodiesel output — BCP said it is will invest Bt1.3bn to increase its biodiesel production from 360,000 liters/day to 810,000 by 2015. (Khao Hoon, 29/08/13) EA EA expects growth in biodiesel-solar business this year — EA will begin selling electricity from its solar farm in Nakhon Sawan, total of 90MW, […]
Read More →Notable Transactions Buy(s) THB 1.15 bn GFM – Change in ownership between family members MINT – Heinicke buying more shares worth THB 30mn NMG – This director obviously has a lot of faith in the digital tv business, THB 100 mn worth of shares bought POST – The Chairman buys THB 80mn RS – Director betting on […]
Read More →BAY: Consumer unit eyes regional growth. Krungsri Consumer, the personal finance arm of Bank of Ayudhya (BAY), will continue expanding its retail banking business regionally. The move is in line with the business strategy of Bank of Tokyo-Mitsubishi UFJ (BTMU), which will soon become the main shareholder in BAY. The managing director of Krungsri Consumer, […]
Read More →Lots of transactions happened last month! Notable Transactions Buy(s) – THB 4.4 bn BGH – Massive purchases by the key players of BGH, THB 400 mn worth BLAND – K. Anant back in the fold BTS – K. Keree buy’s back a massive amount, THB 2.3bn, of shares in BTS EPCO – Chairman purchases some […]
Read More →AMATA Amata expands industrial estates as Chinese flock in – Amata Corp, Thailand’s major developer and manager of factory estates, is set to expand its industrial zones to cater to Chinese investors, who are expected to set up 300 to 500 plants in its zones in the next five years. (The Nation, 03/07/13) Comment: Well […]
Read More →A helluva lot of transactions last week. Notable Transactions Buy(s) THB 458mn BTS – The owner buys back a huge amount of shares, THB 66 mn worth, perhaps in anticipation of the special dividend that will be annouced CPF – Fairly odd transaction here by the Vice President buying 2.7 mn shares @ 30 and […]
Read More →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 […]
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