Market Update 28/01
Agriculture and resources are on a tear atm, and its well known that CPF is trading at its holding value in CPALL (for years). I do wonder when we’ll see the construction sector pick up…
Read More →Tag: Thailand
Thai Elections are a go
A random thought re politics is still being drafted since last week but until I post, the rumours since last night were now confirmed this AM that the Royal Decree from the King has been issued, countersigned by the PM. Date is yet to be confirmed however when you look at the deadlines, one should […]
Read More →Stocks in the news (atp30, bdms, caz, cpn, meta, ner, robins, rp, siri, spcg) 22.01.19
ATP30 ATP30’s management targets revenue growth of 10% this year, focusing on customers in industrial estates. It is working hard to widen margin via cost control with target margin of 27%. It will provide service to a new customer in February. It plans to purchase ten service buses this year. (Thun Hoon, 22/1/19) Comment: Rather […]
Read More →Random Thoughts: BDMS/BA
So what’s happened? And so its been all over the news since last Friday (18/01) https://www.hooninside.com/news-feed/84882/view/ And finally it hit the English news over the weekend and yesterday: https://www.bloomberg.com/news/articles/2019-01-21/ban-on-thai-billionaire-prompts-slump-in-top-hospital-operator?srnd=premium-asia https://www.bangkokpost.com/business/news/1615270/prasert-others-given-14-days-to-comply That the owner of Bangkok Airways Plc (BA) and Bangkok Dusit Medical Services Plc (BDMS) has been caught with his hand in the cookie jar. […]
Read More →Stocks in the news (ba, bts, caz, cho, lpn, m, sonic) 21.01.19
BA SEC punishes top BA shareholders. The Securities and Exchange Commission (SEC) has imposed fines totaling Bt500mn against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation. (Bangkok Post, 19/1/19) Comment: Isn’t it silly? Not the SEC, the founder(s) of BDMS and BA. Their official paper net […]
Read More →Market Update 21/01
And so banks have started to release earnings with BBL looking like the safest one of the lot, perhaps being a stodgy old banker made more sense as opposed to what SCB et al were trying to accomplish. More numbers are coming out during the week…I can’t help but wonder why JMT and CHAYO (debt […]
Read More →Management Trades 21/01 – 25/01
Notable Transactions Buy(s) THB 235.5 mn BDMS – The insider trading family members don’t care about the potential price cap on hospital bills. THG – He’s still buying GLOBAL – It’s come off a fair bit since the peak and a director is buying IVL – Heinecke thinks the noise on the inventory loss is […]
Read More →Stocks in the news (bcpg, gunkul, hpt, pttep, qtc, spali, sun, tisco, u) 15.01.19
BCPG BCPG says its 27.9MW solar farm in Japan was affected by the Japanese agency’s reduction of electricity purchases. It must rush to complete the project in 2020 before the agency reduces the FiT (Feed-in-Tariff). It is focusing on solar rooftop projects, following the government’s PDP plan and diversifying investment in other countries. It expects […]
Read More →Management Trades 07/01 – 11/01
Notable Transactions Buy(s) THB 205 mn RJH – Management here believes that the sell off in their hospital name is overdone ORI – She’s still buying THG – He’s never stopped buying his shares KBS – Oh a first in a long time, sugar prices turning? Sell(s) THB 15.6 mn N/A
Read More →WHTW Top 10: 07/01 – 11/01
Bt450bn budget deficit repeats. The state budget for fiscal 2020 is set at Bt3.2trn, up Bt200bn from fiscal 2019 ending Sep 20, 2019, with a budget deficit of Bt450bn equal to that of the previous fiscal year. (Bangkok Post, 05/01/19) Ministry set for first SEOM meeting here. The Ministry of Commerce will host the first […]
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