Commentary on special events in Thailand and the SET Index.
There was an article in the BKK Post last week that had caught my attention, here are the facts: Thailand is running out of natural gas – “Thailand’s natural gas resources are declining as an expansion of Southeast Asia’s second-biggest economy increases demand and state energy subsidies encourage consumption. The country’s proven natural gas reserves […]
Read More →The increase in equity valuations haven’t only been seen in Thailand, all of SE Asia has been experiencing the same phenomenm, and small cap’s in Thailand (which I love) have generally been going through roof, the majority of them pricing in growth for the next 5-10 years (who say’s thai retail investors aren’t forward looking?!). […]
Read More →A couple of things to note: The major banks are still performing ok, mainly on cost management and lower provisions 9M YoY performance is average to say the least with the sector only up +5.7% Autoloan related fincos, Tisco and KK, are still suffering, though this may very well be the end of the high […]
Read More →GLAND came out with a massive announcement, The Super Tower, a building that will be the tallest building in ASEAN. Details for the project are as follows: AÂ height of 615 metres and 125 storeys, will stand at the Ratchadaphisek-Rama IX intersection. The structure will have a total area of 320,000 sq m and cost […]
Read More →According to Credit Suisse, Thailand has had the world’s fifth-worst per-household wealth performance in the world from 2013 to 2014. The report says Thai wealth has contracted more than 7%. Only Turkey, Indonesia and the basket-case nations Argentina and Ukraine have performed worse. So what could have resulted in such a dramatic decrease? Well 2012 […]
Read More →In the Bangkok Post yesterday there was an article teaching regular folk on how they can invest in condominiums to make $$, this combined with every property developer showing fantastic presales (even stable, stodgy Land & houses just reported their highest presales in the history of the company) and firms such as Ananda launching new […]
Read More →Demco Plc is an engineering, procurement and construction (EPC) contractor focusing on electrical systems in Thailand for the utility, telecommunications and renewable energy industries and an investor in renewable energy projects. Chairman Phongsak Siricupta discusses the company’s strategy and outlook. What is Demco’s business model? Demco is an EPC contractor that covers the electrical, mechanical, […]
Read More →With the (military) government rapidly selling the inventory that the Yingluck government had stored because of falling rice prices, international research agencies  expect for Thailand to resume its position as the #1 rice exporter globally by next year. Top global rice exporters (in thousand metric tons) 2013/14 2014/15 Thailand 9,000 10,041 India 10,000 8,388 Vietnam […]
Read More →You have to hand it to the management of BTS, they aren’t just sitting on their hands happily bathing in their THB 30 bn worth of cash post the BTSGIF. In the past few years they’ve bought VGI, IPO’ed VGI, IPO’ed BTSGIF, bought MACO and other co’s through VGI, commenced a share buy back of […]
Read More →According to Alcoa’s latest earnings report yesterday (8th Oct) things around the world still appear to be doing fine with the usual caveat for Europe. Source: Alcoa
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