FSMART FSMART expects revenue in 2Q15 will be robust, supported by the addition of top-up machines to bring its total to 50,000. It will also book revenue from selling advertising. It is confident that total revenue in 2015 will grow 40% from Bt1.16mn in 2014. (Kao Hoon, 2/6/15) Comment: Still an amazing cash flow generating […]
Read More →The market has wobbled back down for the year, what do technicians call this chart pattern? A triceratops? Sorry triple top, I’m not going to be surprised if we begin to see a lot of negative chartists out there. Anything interesting happening this coming week? Well we have Greece (hasn’t changed for the past […]
Read More →Notable Transactions Buy(s) THB 282 BA – The owner continues to buy back shares in his beloved BA, this time to the tune of THB 183 mn Sell(s) THB 16 N/a
Read More →Byron Wien of Blackstone, just released his latest monthly paper and its a heck of a read. He covers his thoughts on how all the government spending may have influenced the equity markets in the US, Europe and Japan, its quite the read, enjoy the snippets below and a link to the rest of the […]
Read More →There was a lot happening this past week, of interest to me is the Thai government looking to sell some stakes off in public and private enterprises. Thailand MPI drops 5.3% in Songkran month of April – The Manufacturing Production Index in April plunged 5.3 per cent from March as some manufacturers took more days off […]
Read More →AH AH is dealing to buy firms in India, Malaysia and Japan, expected to be finalized by 2015. The company cut sales target to 5-10% due to a slowdown in the auto industry but it expects revenue to grow to Bt30bn in 2020. (Thun Hoon, 29/05/15) Comment: AH hasn’t been an attractive investment since 2006 […]
Read More →AEC AEC targets 2015 market share of 4% from 2014’s 2% aided by customer base expansion. It is confident 2015 performance will show a net profit despite the loss in 1Q15 as the capital market recovered. It has seven investment banking deals that will raise revenue. (Thun Hoon, 28/05/15) Comment: It is a tough environment […]
Read More →His latest paper is a discussion on the low interest rate environment and how he plans to navigate it going forward, it is quite the enjoyable read, here’s a snippet and link to the rest of the article. On the bond side, my famous (infamous?) “Short of a lifetime†trade on the German Bund market […]
Read More →AJD AJD benefiting from 5.4mn digital TV coupons distributed by NBTC. It targets set-top box sales of 2mn with 50% revenue growth this year. (Khao Hoon, 27/05/15) Comment: It is obvious with the carnage going on in digital TV that the coupon sales has been poor. ARROW ARROW says pipeline system business continues to trend […]
Read More →Here are some comments from around the Web + my own at the bottom Thailand is the least preferred equity market in Southeast Asia given lofty valuations and ongoing political uncertainty, Morgan Stanley wrote in a report this week, predicting a possible 10 percent decline in the MSCI Thailand Index in dollar terms. The baht […]
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