Commentary on special events in Thailand and the SET Index.
And the deal is done, it’s been denied multiple times over the past few months but in the end the deal was done. So here at the details: AAV owns 55% of Thai AirAsia, the remainder is owned by the parent 1.89 bn shares sold @ THB 4.2 /share, this represents 39% of shares from […]
Read More →Yesterday the government finally approved the long awaited land and buildings tax. What has happened since? Quite a few property names, hotels heavy with assets, and industrial estates have been hurt. Hospitals, on the other hand, are only subject to 1/4 of the tax levied. However most analysts have been saying that in the end […]
Read More →Here’s some things that I’m finally catching up reading after going through all 1Q earnings… Bill Gross – Investment Outlook June 2016 Anyway, my basic thrust in this Outlook will be to observe that all forms of “carry” in financial markets are compressed, resulting in artificially high asset prices and a distortion of future risk […]
Read More →And here you go! Source: MBKET
Read More →Ticon Freehold and Leasehold Real Estate Investment Trust (TREIT) listed on the Stock Exchange of Thailand in January 2015. Managing director Amorn Chulaluksananukul and Charasrit A Voravudhi, general manager and head of business development, discuss the fund’s strategy and outlook. What assets are currently in TREIT? Our investment portfolio comprises 98 units of premium warehouses […]
Read More →Hospital stocks in Thailand are now trading at nosebleed levels with the sector average at ~50x PE, but what I’ve learnt from the past, just because a company has a high PE doesn’t mean you should ignore it if the compounded growth potential is there. Here are some snippets and the link to the rest […]
Read More →It’s been in the news for a while that BEM has been fighting with EXAT to get back someTHB 8 bn in lost revenue.. “The Expressway Authority of Thailand (Exat) has decided to petition the Administrative Court, asking it to revoke an arbitration committee’s order that it pay more than 8 billion baht in compensation […]
Read More →Ticon Industrial Connection Plc is the country’s largest provider of industrial properties for rent and also a major provider of warehouses to serve companies’ logistics needs. Managing director Virapan Pulges discusses the company’s strategy and outlook. What are your views on the region and Ticon’s ability to expand to neighbouring countries? We have begun an […]
Read More →A few interesting points to note from 1Q16 earnings Food&beverages, Petrochemicals, Construction Services, STEEL!, Packaging and Paper& Printing materials all had both YoY and QoQ profit growth Automotive has finally stopped dropping Insurance & Electronics got killed
Read More →Given that the military has come out saying “oh things could be postponed again.” This doesn’t give me quite a lot of confidence in their ability to manage things at all…regardless here’s a timeline that the clever fellows over at Maybank Kimeng Thailand have put together.
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