ThaiCapitalist research
The market continues on its relentless climb for the year with essentially all sectors ex services to be up for the month. This week there isn’t much in the news other than the government planning to spend THB 10 bn in FY2014 on the water projects.
Read More →Anyone else noticing the fact that there have been more insider sales vs buys over the past month? Notable Transactions Buy(s) THB 44 mn N/A Sell(s) THB 310mn AJP – A huge sale, nearly 7% of the total shares in AJP sold, THB 121 mn CHG – Continued selling by the directors/owners of this hospital […]
Read More →The clever research folks of VOX, put out a brief paper analysing the relationship between government popularity and financial crises, not too surprisingly, emerging markets generally have a crash post incredibly popular governments, its a interesting good read, see below for more, enjoy. Our main finding is that ‘political booms’, defined as an increase in […]
Read More →Thailand Aid schemes set at B100bn a year – The military-appointed interim government’s policy of helping the underprivileged and farmers in sustainable ways will cost an estimated Bt100bn a year, says Finance Minister Sommai Phasee. (Bangkok Post, 19/09/14) Veg fests to boost Q4 growth – Thais are expected to splurge 27.7% more, or altogether Bt51.27bn […]
Read More →AJP AJP partnering with MUSE Group, in both Thailand and Singapore, to host sports events and concerts at the international level. It said that within the next six months, there will be four major events from which it expects to revenue of at least Bt600mn. It will announce the first major event in early October. […]
Read More →What happened TUF bought King Oscar AS, Norway off a PE fund (The Private Equity Fund Procuritas Capital Investor IV); the deal is expected to be closed by 4Q14;Â Deal size: Not yet announced. TUF bought a 100% stake in MerAlliance, #4 in the smoked salmon market in Europe on the 5th September, deal to be […]
Read More →Last weekend’s Economist poised the question that is on some people’s minds, how long does the military want to stay in charge for? The junta’s moral underpinning is a brand of puritanical paternalism. A clean-up is in full swing intended to purge the informal economy of unregistered labour, smuggling, prostitution, gambling and drug-dealing. There is […]
Read More →AKR AKR expects net profit to grow in 2014 as it has backlog of Bt1.1bn. It expects 2015 revenue growth of 15% YoY on rising electric inverter sales supported by demand from renewable energy sector. (Kao Hoon, 18/09/14) BEC Channel 3, NBTC meeting fails to reach compromise – The dispute between Channel 3 and the […]
Read More →What happened? AP announced that it would pay a stock dividend of 10:1 plus a cash divvy of THB 0.02/share, the last time it had paid a stock dividend was on the 4th May 2011 EPS Dilution = 9.1% Now why would companies want to pay out a stock divvy? Personally I don’t care much […]
Read More →Firstly, this rumour has been in the market here ever since I begun working in Thailand in ’04. So obviously any time I hear (or read) that MOF will sell it’s stake in TMB my bullshit radar goes off. The MOF legally cannot sell below THB 3.80 per share TMB is still a POS performance […]
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