Updates
Two things to note: 1) the SET is now just 10% from its peak back in May ’13, 2) Banks have been driving the SET rally this year up 26% for the year. One question, is this really justified? Foreign investment levels in the Thai market are incredibly low (lowest I’ve seen since I’ve been […]
Read More →ADVANC Expects 33mn 3G users this year — ADVANC says it expects its 3G clients to reach 33mn in 2014. Its vision is to make the company the “Digital Life Service Provider†within three years. It will continue expanding its digital content business and expand base stations to reach 20,000 this year. It also said […]
Read More →A rare week, no management transactions above THB 20 mn, is everyone on a wait and see mode? Notable Transactions Buy(s) THB 25.8 mn N/A Sell(s) THB 23.9 mn N/A
Read More →Thailand Bank of Thailand expects growth rebound in 2015 — The Bank of Thailand forecasts economic growth will strengthen to 5.5% next year as the economic recovery gains momentum. (Bangkok Post, 28/06/14) BoT sees encouraging trend in currency trading, especially in RMB and pound sterling. CIMBT is showing the same trend in preparation for more […]
Read More →ADVANC Newly installed AIS chief vows 4G fight – Speeding up acquisition of spectrum bandwidth is the biggest challenge facing the new boss of Advanced Info Service (AIS) as the company battles to maintain its status as the country’s biggest mobile operator. (Bangkok Post, 04/07/14) AQUA AQUA says profit grew in 2Q14. It said that […]
Read More →AMATA AMATA sees signs of resumption of foreign investment in Thailand due to easing of the political situation and approvals by the BoI, expected to appeal to European, American, and Chinese investors. It is negotiating to buy 700-800 rai in Amata Nakorn and Amata City industrial estates. It is also waiting for a new government […]
Read More →FPI FPI aims to access trading market and increase capacity after completing its warehouse in 4Q14. It wants to increase marketing staff to support sales. It expects 2014 revenue of Bt1.9bn and 2015 revenue growth of 15%. (Khao Hoon, 02/07/14) JAS JAS repurchases shares for four days. The number of shares repurchased has hit10.7mn shares […]
Read More →Notable Transactions Buy(s) THB 219 mn AUCT – Strange transaction a match by the buyers/sellers on the market RS – This Sorat fellow has been constantly buying shares in RS for the past few years in order to become more prominent in RS TVO – A director buys a substantial stake in TVO, are margins […]
Read More →The past week (and all news going forward for the next few months) is still around the NCPO. Last week it was fairly quiet in terms of news, however over the weekend they gave a clear timetable about an interim constitution to be announced next month allowing an interim legislature & Cabinet to begin governing […]
Read More →AOT AOT says 3QFY14 passenger traffic contracted 7% due to political problems and seasonality. Its MD expects performance to gradually recover in FY4Q14. It expects passenger traffic and revenue growth of 3%. The second phrase of Suvarnabhumi is waiting for NCPO decision. (Khao Hoon, 30/06/14) Comment: Having just flown back to Thailand last night, I […]
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