What happened TUF bought King Oscar AS, Norway off a PE fund (The Private Equity Fund Procuritas Capital Investor IV); the deal is expected to be closed by 4Q14; Deal size: Not yet announced. TUF bought a 100% stake in MerAlliance, #4 in the smoked salmon market in Europe on the 5th September, deal to be […]
Read More →Last weekend’s Economist poised the question that is on some people’s minds, how long does the military want to stay in charge for? The junta’s moral underpinning is a brand of puritanical paternalism. A clean-up is in full swing intended to purge the informal economy of unregistered labour, smuggling, prostitution, gambling and drug-dealing. There is […]
Read More →AKR AKR expects net profit to grow in 2014 as it has backlog of Bt1.1bn. It expects 2015 revenue growth of 15% YoY on rising electric inverter sales supported by demand from renewable energy sector. (Kao Hoon, 18/09/14) BEC Channel 3, NBTC meeting fails to reach compromise – The dispute between Channel 3 and the […]
Read More →What happened? AP announced that it would pay a stock dividend of 10:1 plus a cash divvy of THB 0.02/share, the last time it had paid a stock dividend was on the 4th May 2011 EPS Dilution = 9.1% Now why would companies want to pay out a stock divvy? Personally I don’t care much […]
Read More →Firstly, this rumour has been in the market here ever since I begun working in Thailand in ’04. So obviously any time I hear (or read) that MOF will sell it’s stake in TMB my bullshit radar goes off. The MOF legally cannot sell below THB 3.80 per share TMB is still a POS performance […]
Read More →This time I’m on the road throughout Europe with meetings here and there but basically taking time to sit back and catch up on reading, hence why posts may be sporadic for the next week.
Read More →ABC ABC reports interest in domestic partner. Management is interested in a business partner with potential synergy. The company is studying new business to support revenue and net profit. It will launch an on-line shopping site on 6 October and expects to attract credit card shoppers. (Thun Hoon, 17/09/14) Comment: Again in the news! I’m […]
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