Commentary on special events in Thailand and the SET Index.
Few things to note: Agriculture – No surprise here given how soft commodity prices are continually lower than they were 12 months. Electronics/Electrical Equipment – I doubt Thailand will see any double digit growth in this sector for the foreseeable future, since the floods in ’11 several electronics firms simply took their insurance checks and […]
Read More →Two points from this article caught my eye (see below) and my thoughts simply are: 1. If the Thailand, Indonesia and the Philippines are all embarking on this massive infrastructure spending, where will they get the resources from? Which construction co’s will benefit? By how much will land prices appreciate in those areas? 2. If […]
Read More →NCL sees regional potential for full-service model NCL International Logistics Plc, which listed on the Market for Alternative Investment last November, is a logistics solutions provider to industries ranging from petrochemicals and industrial goods to agriculture. Chief executive Kitti Phuathavornskul discusses the company’s strategy and outlook. What is NCL’s business model? NCL is a logistics […]
Read More →This is fairly short interview regarding the railway track plans in Thailand and China’s role. Short but interesting nonetheless Al Jazeera: Explain why trains and tracks in China are currently not compatible with those of Southeast Asia. Dr. Ruth Banomyong: There is no standard width for railways around the world. For China, it’s 1.44 metres, […]
Read More →This has been the busiest start to a year (or lets say 6 months) that I’ve ever experienced despite the fact that I’m supposed to be on a sabbatical, and I haven’t had a moment to sit down and write my usual monthly rant on the markets, economy and politics on Thailand yet this year. […]
Read More →There was a FTSE index re-balancing that occurred on Friday, here’s the breakdown: Large cap inclusion: TRUE (from mid cap); exclusion: BAY. Mid cap inclusion: none; exclusion: TRUE (from large cap). Small cap inclusion: CK, BMCL, SUPER, GUNKUL, GFPT, TICON, CHG, CKP, KCE; exclusion: CPNRF, SUC. All-world inclusion: none; exclusion: BAY. All-Cap (LMS) inclusion: CK, BMCL, […]
Read More →First a slap in the face: After trying their damnest to keep their stock price up during the past 6 months with its share repurchase program, they have just announced they will sell some 142 mn shares into the market Tries to kiss & make up Ah but this was followed by an announcement to […]
Read More →Group Lease ready to roll regionally GL started as a motorcycle financing business and by 2010 had become one of the top 10 in Thailand. Until 2011 we were focused purely on Thailand, where we have nearly 250 points of sale. But as a result of the floods in 2011, we accelerated our plans to […]
Read More →I’ll let the numbers speak for themselves, and I don’t expect any improvement in 1H15 yet.
Read More →Hot off the presses: The FTSE Global Equity Index Semi-Annual Review which will take place as of the close of Mar 20, 2015. BAY will be removed from FTSE All-World and FTSE Large-Cap and TRUE is upped to Large Cap from Mid Cap. FTSE Large Cap: Add: TRUE Delete: BAY FTSE Mid Cap: No addition […]
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