Founded in December 1988, Jay Mart Plc (JMART) began as a seller of electrical appliances with installment financing. It later expanded into wholesaling televisions, VCRs and air-conditioners. Today its flagship business is retailing and wholesaling mobile phones and accessories under all major brands. Its subsidiaries include JMT, a debt-collection business, and IT Junction, which sublets […]
Read More →The House of Representatives, at its special meeting on Wednesday, voted 272-1 to move 10 bills up to the top of the agenda, placing them ahead of the four reconciliation bills. Source: Bangkok Post Plenty of press over Yingluck’s government pushing the reconciliation bill further down the Things to do List for Thai parliament. This is short-term […]
Read More →Overseas sales fell 8.8 percent in July from a year earlier, the biggest contraction since September 2009, the government reported today. The median estimate in a Bloomberg News survey was for a 3.7 percent decline. Consumer prices rose 1.5 percent, less than all 16 estimates in a Bloomberg survey. The Kospi Index (KOSPI) snapped a […]
Read More →Thailand’s economy still expanded in June but at a lower rate b/c of Europe but it was good to see domestic demand and tourism expanding stronger than most peoples expectations. Just quickly: Manufacturing – contracted by -9.89% (Europe) Consumption – PCI rose +4.4% Investments – PPI rose +18.3% (Auto industry mainly) EXIM – Exports declined […]
Read More →Last week saw the SET wobble slightly with profit taking seen in the Banking sector and weakness in the Agro & Food sector because of rising soft commodity prices. Going forward expect the usual, crappy growth out of Europe because of the austerity measures put in place 3-6 months ago, China slowing, and Thai corporate […]
Read More →Notable Transactions Buy: BLAND – I’ve stated many a time that K. Anant normally buys below 0.80 and sells above it, but over the past week he’s been accumulating shares in a strong way, and it doesn’t look to slowing down at all, BLAND may be worth a closer look at this point given how […]
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