ThaiCapitalist Commentary
DNA To trade on MAI next week — DNA will trade on MAI on 21st December 2012. Management said the company’s strength lies in its strong leadership in the home entertainment – movie and music – business. The company currently has 1,432 branches and aims to take number one market share by using the money […]
Read More →Market had one helluva week with banks, services and prop leading the way, year end rally remains intact with the constant local fund flow and continued news regarding infrastructure plays.
Read More →Notable transactions Buy(s) INOX – This huge transaction by the Mahagitsiri family in INOX is related its initial agreement in Sept ’11 where they had a right to exercise a call option Sell(s) MFEC – Interesting, the President decides to offload THB 18 mn worth of shares, as a quick side note: the IT industry […]
Read More →Positives: US Initial Jobs Claims fall to 343k, 26k less than expected but Labor Dept uncertain on seasonal adjustment impact. Shanghai index goes BOOM and rallies 4.3% on the week to 4 month high. Chinese HSBC initial mfr’g PMI up slightly to 50.9 from 50.5. IP and Retail Sales rise at fastest pace since Mar. […]
Read More →In the paper yesterday there was more light shone upon the upcoming potential infrastructure funds in Thailand and they have listed a huge amount of businesses that take advantage of it… The SEC will allow two new types of businesses to raise funds through infrastructure funds: natural gas transport and oil pipelines, and information technology […]
Read More →BANPU May not make provisions for lawsuit — BANPU may not set provisions for lawsuit by Siva after the Laos government found that BANPU has the right to terminate the contract with Mr. Siva. Management expects this case to take years before a decision is made. (Khao Hoon, 14/12/12) BTS BTS plans US$1.5bn IPO for […]
Read More →JAS To cut shares on issue — JAS will submit its capital decrease issue to the board tomorrow (12 Dec) via the repurchase of 106.85mn shares. This will increase its earnings per share by Bt0.30/share based on projected profits of Bt2 bn in 2012. JAS is also a candidate to be added to the SET50 […]
Read More →Notable Transactions Buy(s): SAUCE – A director buys a sizable stake @ THB 60 mn Sell(s): N/A
Read More →The market has had a fantastic week and year, with banks recovering post a minor sell off and the tech sector bouncing back post the usual rubbish noise re 3G. Looks like the market will have a good end to what has been a great year.
Read More →Summary of the months significant management trades Buy(s) – BTS, CPF, E, MINT, RS, SAUCE, SIRI, TGPRO Sell(s) – BTS, ITD, KK, PSAAP
Read More →