Updates
Two days ago the Ministry of Commerce announced the inflation figures for June 2012, +2.56% YoY up from 2.53% in May. Anything interesting? House and furnishing prices increased 0.28% MoM (function of an increase in construction materials, rental fees, water and electricity chargers) Food and beverage prices remained flat Going forward? We’ve mentioned continuously that […]
Read More →Notable transactions: Buys: GLAND Â – Massive off the market transaction here with 3.5% of the company’s shares being bought by two of the directors. Fyi GLAND is developing a huge project (condominium and offices) on Rama XI next to the new Central Rama XI shopping mall RS – K. Surachai the CEO, VP and MD […]
Read More →Notable Transactions: Buys: NMG – Several of the directors purchase stakes in the company SIRI – We’ve stated here many times already, he’s looking for his stock price to go up up b/c of cost slashing (hint hint: less siphoning) Sells: AQUA – I have no idea what this company does, can’t find out but […]
Read More →Lots of charts this week from Ploy, see below! The question I have been asking myself for a few days is, “where does all the money go?†The answer: It’s pouring into the Dollar.
Read More →Comments: AIS and Intuch have been keeping the market because of Intuch’s plan to sell part of its stake in AIS to Singtel, and then probably pay a massive dividend to itself (Temasek), talk about going from left pocket to right pocket. The other sectors haven’t moved much in the past week still too many […]
Read More →August Monthly Letter August has been an extremely volatile month with the downgrade of the US debt by the S&P, which leaves us begging the question what is now the risk free rate to be used by investment bankers/firms around the world…
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