Of things to note are the huge buy back by BGH’s main doctor Dr. Prasert @ THB 1.8bn and K. Keeree repurchasing shares of BTS, on the flip side its funny to see the majority of MEGA’s family shareholders selling out on IPO day. Note: For the monthly trades, we’ve decided to scale to […]
Read More →BMCL MRTA not to take rights — The MRTA board decided that it will not take its rights in BMCL’s capital increase and will allow its holdings to be diluted to 14%. MRTA’s CFO and financial advisors said that the decision will have no impact on the company’s management as it already holds the concession. […]
Read More →Foreign investors sold THB 48bn in last month, thus YTD net sells over THB 150bn because of valuations, politics, and a slowdown in earnings growth throughout Thailand and the region. Politics we still think is short term and should be resolved in the coming days. Looking forward to what unfolds.
Read More →AIM Changing ticker to “EFORL” today — AIM is changing its trading name to EFORL today because its new business is trading in medical tools and equipment. Its new business will fully operate and clearly contribute revenues in 4Q13. (Khao Hoon, 2/12/13) Comment: From 3D Tv’s and advertising to medical tools, well at least they […]
Read More →Notable Transactions Buy(s) THB 1 bn BGH – Dr. Praserttttttttttttttttt keeps buying, this time another THB 309mn BTS – K. Keere wants his warrants and dividends! IFEC – K. Wichai buys all of K. Narong’s shares SCC – A director buys THB 30 mn worth of shares SVI – K. Poe (CEO, majority shareholder) transfer […]
Read More →K. Voranai as usual wrote a very good op-ed on the current state of politics and the protests going on today. But back to Suthep & Co, who aim to temporarily suspend democracy to remove Thaksin & Co for good, and then bring back the sort of democracy that makes sure Suthep & Co will […]
Read More →This week’s latest memo from Howard Mark’s of Oaktree Capital is a must read, as opposed to most articles which are about “Bubble! Bubble!” or “This is 2007!”, there is a far more nuance and thought in his analysis and I’ll show this short quote below, and highly recommend you read the rest of his […]
Read More →REITs will change the landscape quite a fair bit for several companies with income-recurring assets on hand, the ability to leverage (something which property funds can only do up to 10%) will allow firms like Ticon and CPN amongst several others to further expand without requiring an equity increase. But the delay has been in […]
Read More →We’ve longed wondered how long this will take, and now with their upcoming IFF which has the funniest terms you’ll ever read for a fund, what rate would investors be willing to pay? Plus I still think the company is worth less than 0 baht/share Moody’s Investors Service has downgraded the corporate family rating of […]
Read More →Thailand Rate cut to offset mounting risks, growth also slashed to 3% from 3.7% — The Monetary Policy Committee (MPC) unexpectedly lowered the policy interest rate by 25 basis points yesterday to 2.25% following rising downside risks to growth partly triggered by the ongoing political tensions. (Bangkok Post, 28/11/13) Export growth this year to be […]
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