BANPU BANPU bought 25.7% of Sunseap Group Pte Ltd. (Sunseap), a leader in green energy full service provider in Singapore, for Bt1.86bn, as it plans to grow its overseas energy business and become a leader in the energy business. It expects to have additional electricity production capacity of 47 MW . (Thun Hoon, 20/9/17) Comment: […]
Read More →CK CK expects backlog to increase to more than Bt100bn. It also expects to get new projects worth at least Bt40bn from joining bidding for Bt200bn in projects. It is preparing to get CKP’s hydropower plant construction project worth Bt100bn. (Thun Hoon, 19/9/17) Comment: Its now just funny money for the big 4 contractors JSP […]
Read More →So, who wants to bet against the market breaking through it tomorrow? Edit: All time high was ~1,753 on the 4th jan ’94
Read More →And the foreign buying into Thai equities continues. We have been thinking that the sudden rush of buying a few weeks ago would awaken the appetites of both local institutions and retail investors. It looks to be the case given the market volumes seen.
Read More →Notable Transactions Buy(s) THB 86 mn ASAP – A block trade before father and daughter Sell(s) THB 155 mn ASAP – See above SUC – I still think that this is a remarkably cheap name (and that goes for the entire group), I do wonder why this director would sell when it does appear that there is […]
Read More →AMATA BoI approved client investments of Bt28bn in three businesses: automotive, electronics, utilities and SME industries. It also lengthened the 50% corporate tax exemption period for machine improvements for three years, now ending 2020. (Thun Hoon, 18/9/17) Comment: Thailand is trying their best to maintain FDI growth and should it work then yes the players […]
Read More →The Executive Talk: BCP expanding towards a sustainable future BANGKOK, Sept 11, 2017 – (ACN Newswire) – Bangchak Corporation Public Company Limited (SET:BCP) President and Chief Executive Officer, Mr. Chaiwat Kovavisarach discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: How has BCP evolved from a pure refinery company to […]
Read More →11.4mn people qualify for government welfare. They can get the welfare card from September 21 onwards. The policy will be effective on 1 October. (Thai Rath, 14/9/17) Fitch cagey on sovereign. Thailand’s subpar economic growth is the main obstacle to the country’s sovereign rating improving, says Fitch Ratings. It is quite difficult for Thailand’s longterm […]
Read More →AQ AQ expects to resume trading on the SET after filing its 2Q17 financial statement after auditor approval. It believes it can continue in business after paying Bt1.63bn in damages to KTB. It says losses in 1Q17 were lower than in 1Q16 on lower expenses and reserves, even though presales also declined. (Thun Hoon, 15/9/17) […]
Read More →ADVANC THCOM CSL ADVANC announced the purchase of 250mn shares of CSL from DTV Service, subsidiary of THCOM for Bt7.80/share, giving THCOM cash of Bt1.95bn. It will also buy 84mn shares from SingTel for Bt655mn. (Thun Hoon, 14/9/17) Comment: At 15x PE for CSL it isn’t the cheapest price…effectively its a right pocket left pocket […]
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