DoubleLine has come out with their latest quarterly commentary and given that they are the largest bond house in the world is worth a read. In the quarterly letter a lot spoken is things that we already know i.e. USD strength, China etc..but it’s just interesting to note their viewpoints on high yield debt, other […]
Read More →So a few readers have asked for some reit/prop fund/iff data and here are the top 10 traded ones. Source: SET, 18th Jan 2016
Read More →B58bn for investment in fiscal year’s H2 — A total of 58 billion baht for investment in infrastructure megaprojects is expected to be drawn down in the second half of fiscal 2016, says the Public Debt Management Office (PDMO). (Bangkok Post, 19/1/16) GHB to expand loans for low-income people to Bt25bn from Bt20bn, after more […]
Read More →ARIP ARIP expects profit to turnaround this year on the back of expansion into digital marketing arena which should generate revenue around Bt10-15mn. It targets 2016 revenue of Bt300mn. It expects to finalize 2 organizer deals abroad in 1Q16. (Thun Hoon, 22/01/16) BIG BIG plans to pay dividend after it has wiped out the negative […]
Read More →BWG BWG expects to win numerous waste disposal contracts after Department of Industrial Works vows to tighten its pollution control enforcement. Its 500MW PPA is expected to be finalized by 1Q16, leading to income turnaround going forward. BWG also plans to list its subsidiary, the Earth-Tech Environment co., ltd. (Thun Hoon, 21/01/16) Comment: It’s quite […]
Read More →CENTEL CENTEL plans to acquire an international food company. It expects the deal to be finalized by 4Q16. It targets 2016 revenue to grow 10% backed by growth in online business. (Thun Hoon, 20/01/16) Comment: Well the EVP must be very happy because he has only talked about doing acquisitions for the past few years […]
Read More →ABC ABC has signed an MoU to rent a commercial building. It plans to use this area as an integrated services animal hospital. It plans to launch a Bt2.5bn condo on Sukhumvit 39. (Khao Hoon, 19/01/16) Comment: Whenever I’m reading news about this company my head begins to cock to the side like a dog […]
Read More →Notable Transactions Buy(s) THB 463 mn BA – And he continues to buy and buy and buy and buy SAM – Seems to be a trade between shareholders DCORP – A first time to see this name on the management buy list, perhaps worth a look. IFEC – Same as SAM, never cared for IFEC, […]
Read More →And the wonderful start to the year continues with only the service sector (mainly hospitals) holding the market up. For the first time in a few years yields (whether they be earnings or divvy’s) are beginning to look interesting…
Read More →AGE AGE expects to become a holding company engaged in the property business. It expects a return of at least 15%. It plans to export coal to Vietnam, which will increase revenue by 5-10%. It expects 4Q15 earnings to be good. It plans to implement cost control to increase profit. (Thun Hoon, 18/01/16) Comment: A […]
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