ThaiCapitalist research
Background Singha Estate Plc (S), formerly RASA, came into the market via a reverse IPO in May 2014, and the stock price has increased substantially from THB ~3 to now THB 8.9 Just this past Friday, the transfer from Rasa to Singha was completed with the Boon Rawd subsidiary Singha Property Management Co and […]
Read More →On Friday the SEC put a suspension on JAS’s stock and its derivatives b/c they have to get their financial statements in order The Supreme Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business rehabilitation order issued by the Central Bankruptcy Court. JAS later disclosed in […]
Read More →Mega Lifesciences Plc (MEGA) is a leader in human wellness across global emerging markets. Founded in 1986, it listed on the Stock Exchange of Thailand last November. Chief executive Vivek Dhawan discusses the company’s strategy and outlook. Mr Vivek delivers on his brands’ promise. What is Mega’s business model? Mega is a leading player in […]
Read More →Thailand Dept. of Trade Promotion plan to promote trade and exports to reach the growth target of 4% in 2015 set by the government. The plan will see the department adding over 400 local products to its lists of goods that it will promote. (Thai Post, 26/09/14) ADB bullish on Thailand – The Asian Development […]
Read More →ADAM SET halts trading ADAM as of afternoon session on 25 September. It has requested additional information about ADAM’s investment in Gee Tha for Bt800mn. Shareholders approved a capital increase and the sale of four subsidiaries. (Kao Hoon, 26/09/14) AGE, BANPU, EARTH India cancels coal blocks — BANPU, EARTH and AGE are optimistic on India’s […]
Read More →AOT AoT says no to foreign ventures – The long-mooted plan by the Airports of Thailand Plc (AoT) to compete for contracts to operate airports abroad is no longer on the radar screen. Chairman Prasong Poontaneathas made it clear that the current major upgrades of three of the six airports under AoT’s control – Suvarnabhumi, […]
Read More →While even I at times argue that the SET is expensive and that there are a lot of names that are trading at silly valuations, it is important to look properly into individual names instead of just saying that the entire market is expensive. Here, despite, the context in the article pointing to the fact […]
Read More →AP AP, Mitsubishi lay out plans – Mitsubishi Estate Group (MEC), one of Japan’s largest developers, plans to launch three to four residential projects next year in partnership with SET-listed developer AP (Thailand) Plc to capitalise on the recovering economy and improved political climate. “Thailand’s fundamentals such as long-term economic prospects and people’s income remain […]
Read More →AJD Board approves issue of 750mn AJD-W1 shares. These will be allotted to existing shareholders at the ratio of 4 shares to 1 warrant for free to help support working capital and expand its business. The board has also approved a change in par Bt0.50 to Bt0.10/share to help increase liquidity. The Managing Director said […]
Read More →BJC Berli Jucker introduces direct sales, e-commerce – Berli Jucker Plc (BJC), the SET-listed trading and retail company owned by billionaire Charoen Sirivadhanabhakdi, is expanding its product sales and distribution to include direct sales and e-commerce channels after facing tough modern trade competition. (Bangkok Post, 22/09/14) Comment: Overall a small impact on their total numbers […]
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