Commentary on special events in Thailand and the SET Index.
The MAI has been a hot performer for the past 18 months and as a result of this several companies are going to make the jump from the MAI to the SET. Here are the key points: Ten MAI-listed companies have met the criteria to upgrade to a listing on the Stock Exchange of Thailand, […]
Read More →Note: Scroll down to see commentary for the past 3 days. Stocks in the news (amata, arrow, bay, bkd, cbg, ecl, kbs, ldc, pf, ptg, ptt, spali, super, tcap, thai, ttcl, wha) 27.01.15 AMATA AMATA plans to invest in industrial estate in Myanmar, in addition to its existing investment in Vietnam to prepare for the […]
Read More →Banks are always the first to announce their financial performances and here are some quick thoughts: Just look @ BAY’s performance, followed by its corresponding stock price performance, it has just been amazing. The larger banks in general are still continuing to grow, NPL management has been proactive, especially at KBANK. The smaller institutions […]
Read More →AOT announced the FY passenger numbers for 2014 and its clear to see that: Low Cost Carriers are booming with the shift to Don Muang – hence the need for more expansion there Bangkok as a whole – barely an increase for the year, in fact I’ve heard from multiple people that love to […]
Read More →The impeachment case against Yingluck, 47, who was removed from office by a court ruling days before a May putsch, is ostensibly about her handling of an allegedly graft-riddled government rice purchasing program, yet has more to do with a decade-long vendetta aimed at erasing her family’s influence from politics after victories in every national […]
Read More →Just announced this evening, BMCL and BECL will be merging. The basic deal structure is as follows: 1 existing share in the Company to 0.42050530 shares in MergedCo 1 existing share in BECL to 8.65537841 shares in MergedCo The deal is expected to be completed by 3Q15 My quick thoughts: Great move by CK, BECL […]
Read More →I’ve been reading Barry Ritholtz’s writings for the past 7 years and have always enjoyed his insights, this latest post in The Washington Post struck a chord for me. After being in the industry for 10 years, the first 6 years I was spewing forecasts left right and center (like every new dumb kid in […]
Read More →The facts: In 2014 Thailand exported 10.8 million tonnes of rice, an increase of +63.6% from 2013 Global rice trade is expected to hit 41.9 mn tonnes this year (last year was 41.88 mn) World’s rice consumption is 483 mn tonnes Questions from this Can you imagine how poorly the previous government managed the rice […]
Read More →Ch. Karnchang Plc was founded in 1972 to engage in the general construction business, focusing initially on civil works for government agencies. Listed on the Stock Exchange of Thailand since August 1995, it has since expanded the scope of its work substantially. Prasert Marittanaporn, senior executive vice-president for administration, discusses the company’s strategy and outlook. […]
Read More →The latest method to manipulate stocks in the past 18 months has been for dodgy companies to issue PP’s (yes yes they say its to raise capital, but just look at who the shareholders are) to large investors, which essentially provides to them a massive # of shares for them to control the demand/supply on […]
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