Management Trades 13/10 – 17/10
Notable Transaction Buy(s) THB 41 SAMART – The President buys another THB 30 mn worth of shares, rumours have it that the stock price will go to 40..if you want to believe that. Sell(s) N/A
Read More →Month: October 2014
Thai banks up 8% YoY
A couple of things to note: The major banks are still performing ok, mainly on cost management and lower provisions 9M YoY performance is average to say the least with the sector only up +5.7% Autoloan related fincos, Tisco and KK, are still suffering, though this may very well be the end of the high […]
Read More →GLAND to build the largest building in ASEAN
GLAND came out with a massive announcement, The Super Tower, a building that will be the tallest building in ASEAN. Details for the project are as follows: A height of 615 metres and 125 storeys, will stand at the Ratchadaphisek-Rama IX intersection. The structure will have a total area of 320,000 sq m and cost […]
Read More →Credit Suisse says Thai’s wealth decrease amongst the worst
According to Credit Suisse, Thailand has had the world’s fifth-worst per-household wealth performance in the world from 2013 to 2014. The report says Thai wealth has contracted more than 7%. Only Turkey, Indonesia and the basket-case nations Argentina and Ukraine have performed worse. So what could have resulted in such a dramatic decrease? Well 2012 […]
Read More →What happened this week 13/10 – 18/10
Thailand FPO to revise GDP projection — The Fiscal policy office has announced that it will revise Thailand’s GDP growth projection , currently at 1.5-2%, again at the end of October in response to slower than expected recovery while the export growth is -7.4% (Ban Meung, 16/10/14) Draft for new taxes done — The Revenue […]
Read More →Stocks in the news (acd, aot, bts, siri, fpi, fmart, inox, jas, mlink, pf, tasco, thai, vih) 17.10.14
ACD ACD restructures subsidiary Boost Plus by selecting a new management and business strategy to meet client needs in this digital age. The company will enter event organizing, IT consulting and E-commerce. It is confident that the new businesses will generate revenue in the future and expects revenue of Bt45mn in 2015. (Kao Hoon, 17/10/14) […]
Read More →Stocks in the news (aot, ba, banpu, bts, siri, centel, ck, fpi, gold, mint, nch, pf, samart, scg, tse) 16.10.14
AOT Board to discuss 2nd phase investment of Suvarnabhumi airport today after Minister of Transport Prajin approved a multi-function terminal at a cost of Bt70bn instead of east building expansion. (Kao Hoon, 16/10/14) BA Investors interested in IPO — Its solid fundamentals have created interest in investors in subscribing to the IPO shares of Bangkok […]
Read More →Condos a boom, a bust coming?
In the Bangkok Post yesterday there was an article teaching regular folk on how they can invest in condominiums to make $$, this combined with every property developer showing fantastic presales (even stable, stodgy Land & houses just reported their highest presales in the history of the company) and firms such as Ananda launching new […]
Read More →Stocks in the news (aot, banpu, bh, drt, fsmart, hmpro, hemraj, ivl, npark, preb, rml, takuni) 14.10.14
AOT AoT: Politicians need not apply for top job – Airports of Thailand Plc (AoT) began the process of seeking a new chief executive yesterday with the new prerequisites barring applicants with political affiliations. (Bangkok Post, 14/10/14) Comment: Well thats a positive first step BANPU BANPU studying coal power plant expansion through a second unit […]
Read More →Stocks in the news (CPALL, Eason, LH, nippon, ptt, spa, stec, tae, tpoly, tuf) 13.10.14
CPALL CPALL expects 8,100 7-Eleven branches in 2014from currently 7,900. It expects the Thai economy to continue to grow. The company is preparing to launch a large campaign in December. (Kao Hoon, 13/10/14) EASON EASON to focus on foreign markets by setting up factories in Vietnam and Indonesia and a trading company in Malaysia. The […]
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