Floods what floods? Just more evidence how Thailand continues to be resilient despite the internal and external issues. Companies listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (MAI) paid combined dividends of 326 billion baht last year, propelled by healthy cash flow. The amount was an increase of 7% […]
Read More →Sammakorn Public Co Ltd was founded in September 1970 with registered capital of 8 million baht by His Majesty the King’s Private Property Office, to develop and build houses for middle and upper-income markets. The company listed on the Stock Exchange of Thailand on Feb 3, 1992 under the symbol SAMCO. It has steadily increased […]
Read More →So this is why banks have continued to remain strong in the market… Local papers reported that the BOT will offer THB 210 bn to Thai banks at a rate of 0.01% that will be meant for clients affected by the 4Q11 flooding. Local banks estimated that their clients require THB 366 bn in loans […]
Read More →Just in Bloomberg today, China’s economy is already in a so- called “hard landing,” according to Adrian Mowat, JPMorgan Chase & Co.’s chief Asian and emerging-market strategist. “If you look at the Chinese data, you should stop debating about a hard landing…China is in a hard landing. Car sales are down, cement production is down, steel production is […]
Read More →Local newspapers reported that Col Settapong Malisuwan, chairman of the NBTC’s telecom committee, said that the reserve price for 3G licenses (2.1GHz spectrum) is likely to be set in the Bt7-10bn range. The defunct NTC’s 3G Information Memorandum (IM) had set a reserve price of Bt12.8bn. The committee is working on a new 3G IM, […]
Read More →The SET begun to show some weakness as oil prices pulled back slightly. Interestingly the Service Industry sector has performed strongly on the back of hospitals, specifically BGH which was mentioned several times here, because of management buying close to nearly THB 1 billion worth of shares.
Read More →Notable transactions: BGH – The President is still buying shares, who knew his pockets were so deep or does he have funding for this? KBANK – A director and family member buys THB 40 mn worth of shares. Raimon – Management is buying up in expectations of fantastic earnings this year when they transfer The […]
Read More →Et voila c’est fini! So after the media had a wunderbar time projecting fear upon us that a Greek default was imminent and that it would it lead to an economic collapse the likes of which we have never seen before…Well look Greece just defaulted, perhaps they used a different technical term, but its still a default […]
Read More →The Thailand Automotive Institute forecasts that automobile production will increase from 2.1 mil units p.a. to 3.1 mil units by 2015. This implies a 48% growth over 3 years, 28% per year. The Federation of Thai Industries expects that output will increase 48% YoY in 2012 as companies make up for output losses from the […]
Read More →The prime minster, Yingluck, was in Japan and gave a speech entitled “Unbeatable Thailand, Unparalleled Opportunities”. Within it contained some key points illustrating how important Japan is to Thailand’s economic growth and health. Japan is Thailand’s largest trading partner. Our exports to Japan grew by 8.3 percent last year. You are also Thailand’s largest investor. […]
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