On the road again
This time I’m on the road throughout Europe with meetings here and there but basically taking time to sit back and catch up on reading, hence why posts may be sporadic for the next week.
Read More →Category: Commentary
ThaiCapitalist Commentary
Stocks in the news (abc, arip, becl, eforl, gpsc, ptt, jas, kbank, pca, pttep, ratch, twz, uv) 18.09.14
ABC ABC reports interest in domestic partner. Management is interested in a business partner with potential synergy. The company is studying new business to support revenue and net profit. It will launch an on-line shopping site on 6 October and expects to attract credit card shoppers. (Thun Hoon, 17/09/14) Comment: Again in the news! I’m […]
Read More →Stocks in the news (aav, ajd, anan, bkd, css, gfpt, ksl, ptt, qh, siri, thcom, tvd, tuf, wha) 16.09.14
AAV TAA flies Krabi-Guangzhou – Thai AirAsia (TAA) is strengthening its network in China with the launch of a new route aimed at the renewed surge in arrivals from the world’s most populous country. Thailand’s largest low-cost carrier will begin non-stop daily service connecting Krabi with the southern-Chinese economic hub of Guangzhou on Nov 6. […]
Read More →Stocks in the news (abc, ap, bec, BJC, cm, dtac, jmt, max, pf, ratch, chow, rwi, smart, svoa, tgpro) 15.09.14
ABC ABC launches online shopping tomorrow. It is partnering with credit card companies to allow customers to exchange their credit card points for its online products and services through its website for items such as concert tickets and cell phones. (Kao Hoon, 15/09/14) Comment: still doesn’t explain the current valuation of ABC, I do like […]
Read More →Market Update 08/09 – 12/09
The military, sorry I mean the government, has come out with a list of policies such as protecting the monarchy, education, ASEAN, etc etc but with no specific information as to how they are going to achieve this…in the meantime not much happening this week other than the Fed meeting on the 16/17 to likely […]
Read More →Management Trades 08/09 – 12/09
Notable transactions Buy(s) THB 42.6mn N/a Sell(s) THB 1.6 bn ABC – The well known punted/speculated stock price has the owner selling CHG – Constant selling by the owners of this hospital TPIPL – Massive THB 1.47 bn sell by the owner
Read More →LTF tax breaks to end in 2016
So the artificial floor in the market will be gone, fun times ahead in 2 years from now. Now Asset Management firms will have to focus on actually performing well, and the next thought that comes to mind is, what will the government do in terms of personal income taxes? The Finance Ministry will not […]
Read More →Infrastructure financing plan announced
The Public Debt Management Office (PDMO) disclosed the details of the funding sources for the THB 2.4 trn infrastructure investment plan during 2015-2022. The breakdown is as follows: 45% (1.1 trn) funded by state enterprises loans 20% Government fiscal budget 20% PPP schemes 10% state enterprises’ CF 5% infrastructure funds All this with a debt covenant […]
Read More →What happened this week 08/09 – 12/09
Thailand Martial law won’t be lifted yet: PM – The National Council for Peace and Order is unlikely to lift martial law in the near future as groups campaigning against the junta have been detected both in Thailand and abroad. (The Nation, 06/09/14) Thailand signs MoU with Japan to promote trade — The Department of […]
Read More →Stocks in the news (abc, ccn, dsgt, ee, inet, jas, modern, sithai, svi, tpoly, true) 12.09.14
ABC ABC unveils new business model — ABC will start selling its products through its website. The new model is expected to attract new customers in the credit card segment. It targets a growth in its customer base to 1 million by yearend. The company’s work on JYP concert will also support income in December. […]
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