Ohhh boy look at the markets. Naturally over the past 12 months returns look amazing because guess what it’s been a year since the Wuflu starting hitting the Western markets (it hit Asian markets initially in Feb ’20) and then took the global markets all the way down. 12 months! It’s been a year of […]
Read More →PACO, an auto air condition part manufacturer, President Automobile Industry pcl, debuts today, 260m shares IPO at Bt1.4 apiece. Comment: BOOM, small name, same float, great first day pop. PPS sets Bt500m revenue target this year, +10% yoy, GPM at 24%, supported by Bt563m backlog, of which Bt300-400m to book this year. S sets Bt20b […]
Read More →Notable Transactions Buy(s) THB 9.8 bn BJC – And the family continues to adjust their corporate holdings ACG – I’m assuming its the same as what’s occurring in BJC, i.e. a switch in family holding structure from personal to corporate. The company is a Honda automotive distributor. SO – The CEO and CFO bought up […]
Read More →Is it me or did Buffet’s annual letter didn’t get as much play in the media as it used to? Or am I just in a different social media bubble that I don’t see the using fawning over what he wrote? Same thoughts apply to Marks latest Memo, normally I would see this all over […]
Read More →Bankers seek easing of soft loan regulations: The Thai Bankers’ Association (TBA) has asked for an easing of the government’s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs). Bangkok Post FTI is worried efforts to restore the reeling Thai and global economies […]
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