Commentary on special events in Thailand and the SET Index.
Ohhh a local M&A case! Finally some fun times! VGI Global Media Plc, Thailand’s largest transit-media provider and a unit of BTS Group, has acquired 24.43% of Master Ad Plc (MACO), the country’s largest outdoor media firm. The acquisition is worth 662 million baht or nine baht a share. A quick intro on both firms […]
Read More →Asiasoft Corporation Plc is a leading digital online entertainment company in Southeast Asia with a dominant market share in Thailand, Singapore and Malaysia and a strong presence in Vietnam, Indonesia and the Philippines. Pramoth Sudjitporn, vice-chairman and CEO, talks about the company’s strategy and outlook. Strong infrastructure will allow Asiasoft to add new internet-based entertainment […]
Read More →Thailand Consumer confidence sinks, lowest since Nov 2001: UTCC – Thailand is moving closer to economic recession because of the ongoing political uncertainty, while the Consumer Confidence Index (CCI) in April hit the lowest point in 12 and a half years, the University of the Thai Chamber of Commerce said. (Bangkok Post, 09/05/14) Mobile Expo […]
Read More →I’ve decided to make a concerted effort to build the forum section of this site now, less with the posts, and my aim is to add 1-2 interesting companies every month for discussion (latest one is Prakit Holdings Plc, P-FCB), I’m looking forward to seeing all you readers contribute as well. Go here to get started: http://www.thaicapitalist.com/forums/
Read More →So as you all know she’s out…and what has really changed? Oh yes there are 9 other cabinet members that are out too so there are still 25 cabinet members remaining who have just appointed deputy PM & commerce minister Niwattumrong Boonsonpaisarn to become the acting PM. Guess what? He’s an ex-executive of Shin Corp, […]
Read More →Right before going to sleep I receive a phone a call that part of Siam Commercial Bank was hit with grenades (see below) and other parts of Bangkok are experiencing bombings too…oh amazing thailand….
Read More →From the Bangkok Post: The sub-committee is empowered and authorised to consider and approve large-scale investment projects worth from 200 million baht to 750 million. It is also tasked with screening and proposing projects with values in excess of 750 million baht for the main board’s consideration and approval. So with the BOI reporting 291 […]
Read More →Jeremy Grantham’s latest quarterly letter is out and this time he’s going through the statistical possibilities of how much further equity markets have to run, as always its a must-read. Enjoy! The bull market may come to an end any time, indeed as I write it may already have happened. It could be derailed by […]
Read More →So the facts: Excl. banks down -7% (ex PICNI its -23%) Brokers are suffering – no surprise 1H13 was a rockstar period Telco’s and electronic exporters look ok still Insurance co’s are minting $, will the rest of the sector follow SCSMG? Domestic consumption look so-so, HMPROÂ is ok, but BIGC is urgh
Read More →If you want to have an incredibly good laugh, watch this done by VICE on Thailand.
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