Commentary on special events in Thailand and the SET Index.
What happened? Yesterday both the shares of WHA and HEMRAJ were suspended/halted from trading by the SEC on the news that an M&S may potentially take place with WHA’s CEO saying it would be with a company of a THB 50 bn market cap. So why no deal? Both shares resumed trading today with both […]
Read More →Remember how we were all told that Europe’s financial system is fixed? Not by the looks of the latest ECB report detailing how 25 (out of 130)Â failed the recent health test. Â So not only do we have to deal with the Fed talking this weekend, relatively high equity valuations, a struggling global economy, you can […]
Read More →Watch this space, says thriving Maco Master Ad Plc (Maco) specialises in providing clients with creative out-of-home media services ranging from billboards, street furniture, transit and ambient advertising to made-to-order jobs. Noppadon Tansalarak, chairman of the executive committee and chief executive, discusses the company’s strategy and outlook. What is Maco’s business model? Maco is an […]
Read More →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, […]
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