Commentary on special events in Thailand and the SET Index.
Given that last week’s email didn’t go out, here’s the link to last week’s Random Thoughts: ADVANC, Pattaya/Utapao, Indonesia Property Stimulus: While I doubt there will be a huge positive impact from this stimulus measure, it’s still worth noting a few things: The cabinet has approved property stimulus measures to help boost the economy. Some […]
Read More →Just having a bit of fun here, but its a common theme that I’ve heard across the board with several friends/family/clients/industry-folk for the past 12 months. Confusion: Never have we seen so many clients who just do not know what is happening and have cashed up. . In Asia, on the other hand, most investors […]
Read More →Thailand exports are continuing to decline, some say this is a function of the declining growth of countries receiving the goods or that the value of the goods being exported are continuing to decline. To us its a combination of both Average selling price of soft commodities are some 50% lower from their peaks […]
Read More →In the past week you’ve seen ADVANC drop into the 210’s only to rebound back to 230’s levels – why? Well its the usual noise between a government and a private operator where concessions are in play, its standard for any emerging country to have these issues. So what were the headlines that drove the […]
Read More →This has been on my mind of for the past few years, that yes the world is slightly different and companies are different from how they were 20-30 years ago and perhaps that the historical valuations in terms of PE’s and other methodologies may not necessary apply. Then to my wonderful surprise Morgan Stanley’s chief […]
Read More →Union Auction Plc (AUCT), which listed on the Market for Alternative Investment (MAI) in August 2013, is Thailand’s largest automotive vehicle auction company, with coverage throughout the country. Deputy managing director Varunyoo Sila discusses the company’s strategy and outlook. Please explain Union Auction’s history. We began in August 1991 under the management of Thepthai Sila. […]
Read More →The fallout from SSI has hurt SCB in more ways than they care to admit, they’ve had to sell off assets throughout Thailand and overseas, one which caught a lot of traders eyes when there was a huge block transaction with SCC shares. SCB’s current CEO K. Arthid said “We sold all our holding in Siam […]
Read More →A few things worth noting here RS, AUCT, BA and MCS are continuously purchasing shares at certain levels MALEE – first time in …. 3 years that there has been some movement in shares Buy(s) – THB 3.4 bn Sell(s) – THB 7.8 bn
Read More →Singha Estate takes ‘PRIDE’ in three-pronged model Singha Estate Plc (S) is a lifestyle developer that builds quality settings for people to live, play, work and shop. Chief executive Naris Cheyklin discusses the company’s strategy and outlook. Please explain Singha Estate’s history. Singha Estate is a real estate investment and development company and the property […]
Read More →A nice little article over at Forbes yesterday interviewing Heinecke and including comments from other executives and analysts on the region. Here are some snippets and a link to the full article. “These emerging markets still have a lot of gas to go.” “Our major clients are not expanding in Thailand,” says Phisud Dejakaisaya, managing […]
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