Commentary on special events in Thailand and the SET Index.
Thailand’s Constitutional Court has today thrown out each petition case filed regarding the charter amendment bills. On the proposed amendment of Section 291 to set up an assembly to rewrite the entire constitution, the court ruled that this cannot be done, because the 2007 constitution received the people’s endorsement through a public referendum. Therefore, a […]
Read More →While not related specifically to Thailand its quite interesting to see the trend in the US regarding its auto sales and which manufacturers are thriving. The Nikkei reported on July 4, 2012 that the U.S. auto market continues to rebound. Sales figures are slowly returning levels not seen since the Bush Jr era. The total of number […]
Read More →Funny little article on Bberg over the weekend on Thai politics. The writer, William Pesek, puts forth an idea to allow Thaksin to come back and prove himself. Thaksin has been extraordinarily successful at three things since fleeing to avoid prison: playing the victim, drumming up support overseas and distracting Thailand’s leaders from moving on. […]
Read More →And this is the cost of corruption, the world’s longest radar breakdown happened at the airport earlier this week. I do hope one day people forego shot term personal benefits in exchange for long term growth for the country…. The simultaneous breakdown of both the main and back-up power supplies paralysed the radar system which […]
Read More →This tit-tat David vs Goliath battle is still ongoing. If you remember we wrote something earlier here Quick Comment: RPC Plc Its appears as though RPC’s management and shareholders want to fully payout all of their retained earnings thereby rendering PTT unable to collect on overdue payments, it’ll be quite interesting to see what the outcome of this […]
Read More →So my colleague wanted to go and exercise at California Wow’s Ekkamai branch on Monday evening and saw this… followed by this… Now not too long ago I wrote this post about California Wow (California WOW – Have they just figured out it’s a scam?), since the company had entered officially entered into bankruptcy it […]
Read More →Originally published Friday 22nd June 2012 LV Technology Plc was founded in 1996 by Hans Jorgen Nielsen, a Danish engineer who has more than 30 years of experience in the cement industry. LVT was founded based on a new and revolutionary power-saving technology for the grinding process, for which it has supplied more than 700 […]
Read More →Saw this in Bloomberg, it states what we believe that small-caps do generally outperform large caps and indexes over time, interesting to note that their definition of a small cap is USD 2 bn (THB 60 bn), our own definition for the Thai market is USD 200 mn (THB 6bn). According to financial research firm […]
Read More →Toyota Thailand just published its latest industry findings in Thailand and boom! Car sales up a whopping 108 % YoY. Which listed co’s here benefit from this? SAT, STANLY, AH to name a few. May Apr Mar Feb Jan Dec Units 115,943 87,788 110,928 90,461 42,873 54,575 Y/Y pct +107.6 +30.5 +19.3 +17.2 +11.5 -41.4 […]
Read More →In the news this morning the Thai newspaper Kao Hoon reported on rumours that Siam Commercial Bank (SCB) is in talks with the Ministry of Finance (MOF) to buy its 26% stake in TMB through a share swap ratio of one SCB share to 60 TMB shares. The key issue with this transaction lies with […]
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