BANPU Writing off treasury stock — BANPU announced it will decrease registered capital by writing off the repurchased registry shares worth Bt135.6mn. The decrease will boost EPS and DPS by 5%. (Khao Hoon, 25/12/13) Comment: Well that’s an easy way to boost EPS BEC BEC concerned and political situation — It will boost ad rates […]
Read More →So last week the news out of the Fed meeting was that they would reduce its monthy bond purchases to USD 75 bn from USD 85 bn. Bernanke retires @ the end of January and Yellen then takes over, whats the Fed policy likely to be going forward? See below…
Read More →BAY Expects merger with MUFG to strengthen — BAY expects to be stronger after merging with MUFG, bulked up by that entity’s loan and deposit portfolios. Net profit in 4Q13 is expected to touch Bt4.09bn, a 7.8% YoY increase, supported by the booking of gains from expiration of Vayupak. (Khao Hoon, 24/12/13) BAY out of […]
Read More →The same stories continues, food rebounding, telco’s down, protestors taking to the streets Â
Read More →The crux of the issue to me is very simply that most people in Bangkok cannot accept the fact that their maid(s), driver(s), taxi driver(s) etc.. have the same status/power as they do when it comes to voting, sounds a bit like feudalism still doesn’t it?
Read More →Notable Transactions Buy(s) THB 112 mn IFEC – The cross trade between K. Narong (owner and selling) to K. Wichai (new owner and buying) continues TTA – Switch within the Mahagitsiri family Sell(s) THB 147 IFEC – See above MEGA – A major sell of THB 45mn TTA – See above
Read More →BANPU To sell treasury shares — BANPU will sell its treasury stock of 135.6mn shares between Jan 17-31, 2014. It said it will sell the shares at a price no less than 85% of the average close for the preceding last five days. (Khao Hoon, 23/12/13) Comment: Well that was a quick trade for the […]
Read More →I think we are all getting a bit tired of the politics here and talking about it. Will the election go ahead now or not seems to be the next question, meh, I don’t know, the best comment I’ve had this week about the protesters is how they resemble the Tea Party in the US […]
Read More →I spent a weekend in Jakarta recently, my first trip back there since ’97, and from what I saw, its a huge economy with massive potential but an incredibly long way to go infrastructure wise. With large investments likely over the next 5-10 years I can see the car market there growing much faster than […]
Read More →All the news and data points towards the world doing marvelously well and Thailand bickering like children Thailand ADB and World Banks downgrade short term economic outlook for Thailand. GDP forecasts by both is 2.9%, with outlook for next year at risk, mainly on political concerns. (Kom Chad Leuk, 16/12/13) Election policies are key to […]
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