If I were to do a correlation between every trip I take to a different continent with political events in Thailand the result would be near 1.0. So a coup has happened this time (previous time was the flooding, before that was the May 2010 fights, and before that was the airport shutdown, my traveling […]
Read More →ADVANC AIS to temper revenue view – Advanced Info Service (AIS) says it will revise down its revenue growth target from the previous 6-8% this year because the political stalemate is dragging down economic growth and hurting the mobile sector. But the country’s biggest mobile operator is still expecting positive growth. (Bangkok Post 26/05/14) Comment: […]
Read More →What the what? Everytime I travel something happens in this wonderfully odd country, and this time a coup (a longer post to come later in the week), anything to look forward to? Well the military is wiping the government posts clean and replacing each position with their own people, I don’t there are going to […]
Read More →Notable Transactions: Buy(s): THB 96mn A – Someone @ Areeya bought some thb 25 mn worth of shares, who? No idea b/c there’s no name on the SEC website just yet, have a look @ their chart, this stock just keeps growing and I have no idea why CPF – A director buys nearly THB […]
Read More →I’ve been running this blog with daily updates for the past few years, so I’m taking a much needed break for the next week and travelling, of course I’ll still have a look in the forums and comment where needed but no new posts.
Read More →Thailand BoT says baht will continue to weaken as political instability continues, exports likely to benefit; while Thailand default risk is stable for now. (Krungtep Thrurakit, 16/05/14) BoT is concerned by the level of credit card debt, as it rose by 30% over the past year. The Chairman of the Credit Association said that some […]
Read More →BH/BJCHI/MEGA/NYT/TTCL MSCI will be calculating BH in its MSCI Global Standard starting May 30, while BJCHI, MEGA, NYT, and TTCL will be calculated in the MSCI Global Small Cap. (Khao Hoon, 16/05/14) Comment: Fantastic news for all companies involved especially the new ones BJCHI n MEGA BKI BKI reported net profit of Bt627mn in 1Q14 and pay DPS […]
Read More →So we have been hearing that consumption is way way down in Thailand this year because of politics, farmers having less funds to spend, economic slowdown etc etc and yet Universal Robina Corporation (a listed co in the Phillippines), who has the #1 market share in Thailand for biscuits and wafers, just reported 3 days […]
Read More →ADVANC ADVANC expects revenues this year to grow by 6-8%. It plans to invest Bt40bn to expand its 3G network and bid for the 1800 MHz license in August. (Khao Hoon, 15/05/14) AI AI expects 2Q14 to continue growing strongly, supported by continual growth in revenue sharing from AIE. It targets biodiesel production to increase […]
Read More →The Securities and Exchange Commission filed a criminal complaint on Monday with the Department of Special Investigation (DSI) against Rich Asia Steel executive Angkakarn Tantiviroon and two former executives of United Securities for Rich share manipulation. Previously, Mr Porntep and Ms Arada were named in a share manipulation criminal complaint of Metro Star Property, Thai […]
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