Notable Transactions Buy(s) THB 56.8 mn N/a Sell(s) THB 1.4 bn WORK – A block trade done by the founder/major shareholders to investors TF – Seems to be something going on with Sahapat related companies SUC – See above
Read More →AOT AOT will start the bidding for improvement and management of commercial area. It expects 2018 passengers to grow by at least 5% and for revenue to grow by 10%. The board has already approved a 5-year retroactive land payment to the Treasury Department of no more than Bt1.4bn and a 2018 payment of Bt900mn. […]
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 […]
Read More →BA BA expects 2H17 to be supported by tourism recovery. The company is going ahead with its new flight routes. It expects to get the EIA approval for the expansion of the Samui Airport to increase the number of flights to 70 per day in 3Q17. It is also benefiting from the kitchen expansion at […]
Read More →AH AH plans to expand abroad to boost revenue. It targets to complete one deal this year. It expects continued growth in 2Q17 performance after the 50% net profit growth in 1Q17. Behind this is numerous orders and profit sharing from associated company. (Thun Hoon, 18/05/17) Comment: zzzzz, if there is ever a change a […]
Read More →AKR AKR expects 2017 revenue growth of 50% to reach Bt2.5bn and expects 1Q17 earnings to be unchanged from 1Q16. It has backlog of Bt700mn, all of which it will book this year. It is waiting to bid for government projects valued at Bt2.5bn and expects to get 10-15%. It continues to sell solar panels […]
Read More →ASEFA ASEFA targets 2017 revenue growth of 10-15% and plans to bid for government and private jobs. It has backlog on hand of more than Bt1.8bn, of which it will book 70% this year. It has a budget of Bt10mn to open 10 new branches. (Thun Hoon, 02/02/17) Comment: Well if thats the case then […]
Read More →CSL CSL expects a better performance in 4Q16 than in 3Q16 after recognizing revenue from ICT and IDC (Internet Data Center). It expects 2016 revenue to grow 2-3% as targeted. It plans to invest in IDC to handle new clients. (Thun Hoon, 06/12/16) Comment: Always a good dividend yield from this name but it has […]
Read More →APCO APCO expects to sign a contract to set up JV in November. It believes this will underwrite good growth (from the average of 10% now). It plans a marketing campaign to push up sales over the final two months of the year. It expects 2016 growth of above 10%. (Thun Hoon, 31/10/16) BANPU BANPU […]
Read More →ARROW ARROW expects 3Q16 earnings to grow supported by large orders, especially Suvarnabhumi phase 2 project from ILINK and ITD. It expects to get work on the MRT Green Line, with finalization by the end of this year. It expects 2016 revenue to reach Bt1.4bn. ( Khao Hoon, 30/08/16) Comment: Perhaps we should just close […]
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