ThaiCapitalist Commentary
While even I at times argue that the SET is expensive and that there are a lot of names that are trading at silly valuations, it is important to look properly into individual names instead of just saying that the entire market is expensive. Here, despite, the context in the article pointing to the fact […]
Read More →AP AP, Mitsubishi lay out plans – Mitsubishi Estate Group (MEC), one of Japan’s largest developers, plans to launch three to four residential projects next year in partnership with SET-listed developer AP (Thailand) Plc to capitalise on the recovering economy and improved political climate. “Thailand’s fundamentals such as long-term economic prospects and people’s income remain […]
Read More →AJD Board approves issue of 750mn AJD-W1 shares. These will be allotted to existing shareholders at the ratio of 4 shares to 1 warrant for free to help support working capital and expand its business. The board has also approved a change in par Bt0.50 to Bt0.10/share to help increase liquidity. The Managing Director said […]
Read More →BJC Berli Jucker introduces direct sales, e-commerce – Berli Jucker Plc (BJC), the SET-listed trading and retail company owned by billionaire Charoen Sirivadhanabhakdi, is expanding its product sales and distribution to include direct sales and e-commerce channels after facing tough modern trade competition. (Bangkok Post, 22/09/14) Comment: Overall a small impact on their total numbers […]
Read More →The market continues on its relentless climb for the year with essentially all sectors ex services to be up for the month. This week there isn’t much in the news other than the government planning to spend THB 10 bn in FY2014 on the water projects.
Read More →Anyone else noticing the fact that there have been more insider sales vs buys over the past month? Notable Transactions Buy(s) THB 44 mn N/A Sell(s) THB 310mn AJP – A huge sale, nearly 7% of the total shares in AJP sold, THB 121 mn CHG – Continued selling by the directors/owners of this hospital […]
Read More →The clever research folks of VOX, put out a brief paper analysing the relationship between government popularity and financial crises, not too surprisingly, emerging markets generally have a crash post incredibly popular governments, its a interesting good read, see below for more, enjoy. Our main finding is that ‘political booms’, defined as an increase in […]
Read More →Thailand Aid schemes set at B100bn a year – The military-appointed interim government’s policy of helping the underprivileged and farmers in sustainable ways will cost an estimated Bt100bn a year, says Finance Minister Sommai Phasee. (Bangkok Post, 19/09/14) Veg fests to boost Q4 growth – Thais are expected to splurge 27.7% more, or altogether Bt51.27bn […]
Read More →AJP AJP partnering with MUSE Group, in both Thailand and Singapore, to host sports events and concerts at the international level. It said that within the next six months, there will be four major events from which it expects to revenue of at least Bt600mn. It will announce the first major event in early October. […]
Read More →What happened TUF bought King Oscar AS, Norway off a PE fund (The Private Equity Fund Procuritas Capital Investor IV); the deal is expected to be closed by 4Q14;Â Deal size: Not yet announced. TUF bought a 100% stake in MerAlliance, #4 in the smoked salmon market in Europe on the 5th September, deal to be […]
Read More →