ThaiCapitalist Commentary
With the BOT just announcing that interest rates were going to remain flat today, Bloomberg came out with an article highlighting how consumer debt is still a big issue (and I believe will continue to be at least for another 2-3 years) in Thailand today, enjoy the snippet and the link to the full article […]
Read More →BTC BTC expects to be in the black in 2014 although it faced net loss of Bt35.53mn in 9M14 and a loss in 2013 of Bt235.64mn due to lower spending. The company plans to improve its profitability to bring performance back to profit and is ready to form a partnership. (Thun Hoon, 17/12/14) CPF To […]
Read More →Yesterday the stock market went through the whole market cycle of selling, panic selling, forced selling, & bargain hunting all the space of a 4.5 hrs. A low of -9% was seen for the day before it rushed back up in the last hour to close down some -2.4%. So what happened yesterday? Well oil […]
Read More →BCP Bangchak eyes non-oil sales, renewables – Bangchak Petroleum Plc (BCP), a majority state-owned oil refiner and retailer, has earmarked Bt10bn to develop its refineries and expand into non-oil business next year. President Vichien Usanachote said apart from refinery upgrades, Bangchak had looked at non-oil business as a means to rely less on oil revenue, […]
Read More →The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →DELTA DELTA expects revenue growth of 10-15% YoY in 2015 upon growing demand and expanding foreign client base from expected 2014 revenue of Bt42bn. The company will conclude an acquisition deal for a European company soon. (Thun Hoon, 15/12/14) Comment: One of the best performing electronic names in the past few years. EUREKA EUREKA expects […]
Read More →The market has pulled back some 5% this month with Industrials and Resources being the hardest hit. The combination of falling oil prices plus a still weak economy aren’t the best factors for the Thai Equity market as we’ve seen today!
Read More →Notable Transactions Buy(s) THB 260 mn BA – The family continues to support the share price with another THB 80 mn bought in shares LIVE – This has to be an off the market trade, a Director just bought THB 119 mn worth of shares, just over 5% of total shares Sell(s) THB 693 KIAT […]
Read More →Digital TV a rising star for Workpoint Workpoint Entertainment Plc is one of Thailand’s leading production houses with internationally recognised programmes. It has recently expanded into digital TV with its own channel. Chairman Phanya Nirunkul discusses the company’s strategy and outlook. What is Workpoint’s business model? We began in 1989 as a TV production house […]
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