ThaiCapitalist research
Mega-projects to hike public debt : Uptrend in public investment to continue; economists call for more prudent allocation of military budget. Rising government spending on mega-projects, which are deemed crucial to economic growth, will further increase the country’s public debt, economists said with some asking the military to be more efficient in its spending. The […]
Read More →BANPU sets 48m tons coal sales target this year, $835m capex for FY19-20, while BPP, its power unit, to COD pp in Japan and China worth combined 114.2MW, to wrap up 80MW wind pp phase 1 in Vietnam by 1Q19. BJC sees positive SSSG from recovery consumptions and government stimulus package, will open 1st BIGC […]
Read More →BAY’s credit card & P-loan unit, Krungsri First Choice, offers 9.99% interest rates pa. for unsecure loans to 200k high quality customers, down from 28% p.a., allows easier access to credits, eyes 25% growth , 2.6% NPL target by end of year. Comment: Wow! Competition? Mortgage rates range from 0-4% in the first 3 years, […]
Read More →GULF teams up partner to develop 1k mw hydro powerplants in Laos, seeks to expand investment in Vietnam and OMAN, eyes 50% revenue growth from additional capacity this year from 4pp in Thai and 2 in Vietnam, firms on Bt33b revenue target. TMB’s entered into a non-binding MoU to consolidate with TBank thru an entire […]
Read More →AAV adds new route to tap Vietnam market, offers 5 destinations in 7 routes including Chiang Mai-Da Nang. COM7 upbeats 1Q mobile market from new launch of Huawei and Samsung phones, expects to book contribution from recently acquired Kingkong phone Bt300m/quarter, will add more house brand products and new gadgets brands to boost sales and […]
Read More →BGRIM BGRIM buys 124mw SPP1 cogen powerplants from GLOW for Bt3.3b, lifts total 3,266mw, will book immediate contribution from 2Q. Comment: Knowing the team at BGRIM, this will immediately be accretjve to their earnings and valuations. ERW ERW target 10-15% revenue growth, driven by higher OCC & RevPar yoy, 9 hotels on track to debut […]
Read More →And so FY numbers have been coming out. Nothing pretty. But hey Chinese tourism is back with a vengeance, the market knew 4Q18 was going to be rubbish hence the performance so the weak export #’s are no surprise. Its a new year and a fresh start, things can only get better or will it? […]
Read More →Notable Transactions Buy(s) THB 2.4 mn N/A Sell(s) THB 57.9mn ITD – Perhaps one of the few people that didn’t enjoy the movie Black Panther, continues to sell his shares.
Read More →Here’s the link: http://www.berkshirehathaway.com/2018ar/2018ar.pdf Just go to it! And if you’re a bit lazy here’s a few snippets. The fact is that the annual change in Berkshire’s book value – which makes its farewell appearance on page 2 – is a metric that has lost the relevance it once had Berkshire will forever remain a […]
Read More →FPO wavers on deadline for IFRS 9 : The Fiscal Policy Office (FPO) has proposed that the Finance Ministry push back a mandatory effective date for specialised financial institutions (SFIs) to adopt International Financial Reporting Standard 9 (IFRS 9), currently scheduled for next January. Bangkok Post EC provides clarity on dissolution cases : The Election […]
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