Andddddddddddddddd, no surprise. He got unanimous 191 votes by the National Legislative assembly. The NLA president and two vice presidents abstained. The result was officially announced at 10:53 am. He was elected in a roll-call vote. NLA Tuang Nanthachai nominated Prayuth and the nomination, which was made at 10:23 am, was endorsed by 188 NLA […]
Read More →AAV No deal for Skymark — AAV denies Japanese news that the Malaysian low cost airline is negotiating to acquire Skymark Airline in Japan which is facing financial distress. (Thun Hoon, 20/08/14) Comment: Skymark shares have risen some 30% on these rumours, no idea if there is truth behind them, wouldn’t see why AirAsia needs […]
Read More →Our resident Queen Chartist is back with her latest thoughts on the USD/THB/Euro and impact on markets, its a long read so get a cup of coffee and enjoy 🙂 A quick snapshot before the highly-anticipated Jackson Hole symposium. The economic conference at Jackson Hole, Wyoming, had never been center of market’s interests until in […]
Read More →AAV AirAsiaGo taps booming middle class – AirAsiaGo, one of Asia’s fast-growing online travel portals, is expediting its expansion in Thailand to catch in on the trend for online travel booking. Yesterday’s announced launch of a US$10mn technology platform, engineered by travel technology giant Expedia, will be instrumental to its aggressive growth plan. (Bangkok Post, […]
Read More →ADVANC ADVANC says delay in 4G will not impact performance as it has 15MHz on the 2.1GHz spectrum to support 50mn clients. The company expects 2H14 revenue growth of 2-4% YoY after economic recovery and also entry into the fixed-line broadband business. (Kao Hoon, 18/08/14) Comment: And it has a near 7% dividend yield at […]
Read More →Only one thing that really matters this week, the official confirmation of the new PM
Read More →Notable Transactions Buy(s) THB 153 mn AUCT – The Vice Chairman and Presidents buys out the #8 shareholder Sell(s) THB 21 mn N/A
Read More →Now that all of the companies have released their earnings (if not they’ll be suspended from trading) here’s a quick breakdown on an industry basis as to how each industry has performed.
Read More →Over at the Financial Times, Citigroup’s Global Market Strategy latest viewpoint on the markets were released, they are now thinking that we are approaching a “bubble” phase of the markets, its an interesting read and just something to keep in mind. Phase 1: Credit Up, Equities Down The cycle begins as the credit bear market […]
Read More →KCE embarks upon expansion to enhance global stature SET-listed KCE Electronics Plc makes printed circuit boards (PCBs) for the global automotive industry. President and chief executive Pitharn Ongkosit discusses the company’s strategy and outlook. Mr Pitharn expects KCE Electronics will be a US$1-billion company in six years. Please explain KCE’s business model. KCE is among […]
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