Master Ad Plc (MACO) was established in 1988 with registered capital of 600,000 baht by Noppadon Tansalarak, who still serves as CEO today. The company began by providing advertising services through stationary billboards and has since expanded into many other forms of out-of-home (OOH) media and entertainment services. Mr Noppadon discusses the company’s strategy and […]
Read More →We’ve liked the change in management in KTC at the end of last year from a CEO who enjoyed using company funds and marketing girls for his own amusement to K. Rathian, who is well-known for being strict with spending and strong on ethics within the industry. To us the investment thesis is fairly straightfwd: […]
Read More →World news has thankfully been quiet for the past few weeks b/c of the olympics and European politicians on their summer holidays. Sector wise, financials were hit on the back on short term profit taking while the industrials sector (mainly are export manufacturers) had a stellar week on the back of strong earnings announced during […]
Read More →Notable Transactions: Buy(s): BLAND – The President accumulated an additional Bt. 50 mn worth of shares last week, we’re not expecting the stock price to fall any time soon. Sell(s): Nothing to report here
Read More →Its been a quiet week in terms of economic news and events, which is perhaps why markets have just been in a lull globally without major movements either way. Positives: Thai government keeps VAT at 7% for another 2 years The transportation ministry will submit the Motorway project valued at Bt 114 bn to the […]
Read More →The SET organises opportunity days which are sessions where public companies ranging across all sectors and market cap sizes provide an update on their business outlook and discussion of their latest financial results. I highly suggest anyone in Thailand to simply go, sit down and listen to each company, its something I like to do […]
Read More →This long weekend I’m fairly certain every analyst covering Thai equities will have to update their models and what not, I know my team and I certainly are. A flurry of earnings were released today and the last day for earnings announcements are next Wednesday 15th August. I’ve noticed some basic trends thus far but don’t quote me on it […]
Read More →Telecoms brought the market back up strongly along with a rally again in financials post their 2Q12 earnings short term sell off. Going forward except the same news revolving around a slowing European economy, China, US etc etc. What will be interesting is to see how the Energy sector performs this coming week with oil […]
Read More →The cabinet decided on Tuesday to keep value-added-tax (VAT)at seven per cent for the next two years, deferring the Finance Ministry’s proposed hike to nine per cent, and approved a four-point rehabilitation plan proposed by the National Economic and Social Development Board. I’m happy to see this happen for selfish reasons, in that the price […]
Read More →KBANK is mimicking SCB’s successful expansion into Investment Banking (3 years ago), I’m not too surprised by the move given both banks move from pure depositor-lenders to more universal banks and over the short-mid term I wouldn’t be surprised to see more deals happening in Thailand which could make for an exciting period in the market, then […]
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