BJCHI Roadshow end-Feb — BJCHI is preparing for a roadshow for big local institutional investors on 27-28 February 2014, after they expressed interest in its overseas business. It expects to get a project of Bt2bn in Australia. Its current backlog is Bt5bn with gross margin of 40%. It will pay a DPS of Bt2.2. (Khao […]
Read More →AMATA Setting up REIT — AMATA’s board has given the green light for the company to set up a REIT worth Bt4.750bn. AMATA aims to inject 76 factories with a total leasable area of 136,434.52 sqm, along with 12 new factories with 24.144 sqm that is currently under construction. (Khao Hoon, 17/01/14) Comment: Finally AMATA […]
Read More →EA 90MW generation this month — EA is confident that its solar farm will generate 90MW this month. It said that next year it will built a new plant in Lampang for another 90MW at a cost of Bt7bn. (Khao Hoon, 04/12/13) Comment: This is an incredible large solar farm, we doubt the long term viability of […]
Read More →3Q13 results for publicly listed Thai companies were all due by 14th November and analysts around Thailand and whoever covers Thai companies have been busy. What we’ve seen thus far on a general basis are the following: Minimum wage increase is still having an impact on manufacturing based co’s or any co’s that have low […]
Read More →CHO CHO’s backlog reaches Bt550mn — Management said it will book revenues of Bt200mn in 3Q13 and Bt300mn in 4Q13, helping drive its revenue growth to reach its target of 20% this year. (Khao Hoon, 28/08/13) HMPRO HMPRO setting up property fund — HMPRO is to set up a property fund worth no less than […]
Read More →CKP Lower loss QoQ in 2Q13 — CKP reported a net loss of Bt77mn in 2Q13, better than the loss of Bt106mn in 2Q12 but lower than net profit of Bt92.8mn in 1Q13. Behind the negative earnings was a FX loss of Bt246mn vs. FX gain of Bt192mn in 1Q13. Excluding FX impact, its normalized […]
Read More →BWG Revenue target achievable — BWG is confident that revenues will reach its target of 30% growth this year due to the higher volume of customers, especially industrial customers, driven by increases in waste and better unit prices. Sales to PTTGC, a customer, will depend on the amount of waste generated by its oil spill. […]
Read More →Sells > Buys; 5.6 bn vs 1.3bn Buys- AH, BANPU, BGH, BLAND, EPCO, GFM, JUTHA, KCE, PS, SIRI, TICON, TONHUA, TPIPL, TTA, TVI Sells – AMATA, BGH, BTS, GFM, KK, NWR, OFM, PPC, PS, SAMART, SCC, SIRI, TCC, TFI, TICON, TPIPL, TUF, VIBHA Note: All mentioned tickers have values of THB 20 mn in transactions […]
Read More →CK CK targets 20% share of projects — Ch. Karnchang Plc (CK) expects to win 20% of the government’s planned Bt2tn infrastructure projects, boosting its revenue by 10-15% annually over the next seven years. It targets its revenue to grow from Bt18bn last year to Bt25bn this year and to Bt28-30bn in 2014. CK expects […]
Read More →Notable Transactions Buy(s) – THB 639 mn AH – The owner has been buying the whole month BANPU – We still don’t like Banpu @ this value..still think its worth 20-30% less BGH – Odd transaction with both parties on buy/sell BLAND – K. Ananttttttttttttttttttttttttttt! PF – Owner and management buy big stakes and have […]
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