And so FY numbers have been coming out. Nothing pretty. But hey Chinese tourism is back with a vengeance, the market knew 4Q18 was going to be rubbish hence the performance so the weak export #’s are no surprise. Its a new year and a fresh start, things can only get better or will it? […]
Read More →Notable Transactions Buy(s) THB 2.4 mn N/A Sell(s) THB 57.9mn ITD – Perhaps one of the few people that didn’t enjoy the movie Black Panther, continues to sell his shares.
Read More →Here’s the link: http://www.berkshirehathaway.com/2018ar/2018ar.pdf Just go to it! And if you’re a bit lazy here’s a few snippets. The fact is that the annual change in Berkshire’s book value – which makes its farewell appearance on page 2 – is a metric that has lost the relevance it once had Berkshire will forever remain a […]
Read More →FPO wavers on deadline for IFRS 9 : The Fiscal Policy Office (FPO) has proposed that the Finance Ministry push back a mandatory effective date for specialised financial institutions (SFIs) to adopt International Financial Reporting Standard 9 (IFRS 9), currently scheduled for next January. Bangkok Post EC provides clarity on dissolution cases : The Election […]
Read More →BCPG sets Bt8.6b investment budget to sustain growth ambitions. Comment: It looks like their acquisition spree has been slowing down. TKN sets 10-15% revenue growth target this year, to expand branches here and overseas and change distributors, and seek new partners in US and China. Comment: This has been an interesting stock (not company) to […]
Read More →Ready for some speculation on how these shares will perform? FTSE SET Large Cap Index – Add: HMPRO, GULF, EA, MINT, MAKRO, BEM, DIF FTSE SET Large Cap Index – Delete: None FTSE SET Mid Cap Index – Add: MTC, GPSC FTSE SET Mid Cap Index – Delete: None FTSE SET Small Cap Index – Add: […]
Read More →AOT AOT board yesterday gave the nod to a Bt42b plan to build a 2nd terminal at Suvarnabhumi airport, but it scrapped a controversial blueprint for the terminal’s design. Comment: And so..now what?  BANPU BANPU anticipates 1Q turnaround driven by full quarter power gen capacity of BLCP powerplants following maintenance shutdown 4Q18. KOOL KOOL anticipates meaningful turnaround […]
Read More →ADVANC ADVANC to trade Bt3.30 XD on Wed 20Government says it needs time to consider whether delaying bidding on 5G Comment: It would be ridiculous if the government approves a postponement of payment for the 4G license bidding. Except for TRUE (which is a financial basket case), DTAC and ADVANC make plenty of CF. AOT […]
Read More →I’ve been writing notes on this for weeks and with the constant changes..its been amusing. And so before anything else changes here are my random thoughts for Thai politics. And so Thailand has elections, joy to the world! When? 17th March 2019 (early voting for non residents in provinces) and 24th March 2019 Which fortune […]
Read More →So here we are, some earnings are out and are meh, some are ok, nothing is really being knocked out of the park, although if you have a look at Thai Beverage’s (listed in Singapore) #’s their spirits (alcohol) business did gang busters business. Thai government stimulus paying off?
Read More →