ThaiCapitalist research
The market wobbled last week for the first time in many months and the question on a lot of people’s minds is whether or not this is a head fake, or a sign of a continued downtrend. On the bull side – we still have a lot of money that is going to be spent […]
Read More →Reporters at Bloomberg put together a wonderful article on the current political ongoings in Thailand and the role of the army, see below for a few snippets and a link to the full article “If you look at Thai history, the head of the army is the main key position, but that changed with the […]
Read More →Mr Chanitr said market capitalisation from new IPO securities could beat the SET’s target of 210 billion baht. So far, 190 billion baht in market capitalisation has been added to the two markets from newly listed securities. Here are the facts: IPO’S YTD: 28 on both the MAI & SET worth THB 140 bn (10 […]
Read More →Thailand UTCC: September Consumer Confidence Index fell to 79.2, from 80.1 in August. This was the first decline in 5 months. (Post Today, 03/10/14) Govt stimulus to back 2% GDP growth: Sommai – Finance Minister Sommai Phasee has expressed confidence that the government’s three-month stimulus package will result in gross domestic product growing 2% this […]
Read More →AJD Technical trend signals new high at Bt14/share on the news that its sales of the set-top box will increase with the coupon to be distributed soon. It expects revenues to reach Bt16.5bn. The management said it is considering partnering with a Chinese company to set up a subsidiary for a solar farm project. It […]
Read More →BBL BBL wins Myanmar licence – Bangkok Bank (BBL), Thailand’s largest lender by assets, is the only Thai bank among the first nine foreign ones to win a limited banking licence in Myanmar. The approval is preliminary for 12 months, during which time the winning banks must comply with Central Bank of Myanmar requirements before […]
Read More →Notable Transactions Buy(s) THB 848 mn Sell(s) THB 3.8 bn
Read More →ADVANC AIS lays broadband blueprint – Advanced Info Service (AIS), the country’s largest mobile operator, is jumping on the fixed-line broadband internet bandwagon with planned commercial service to begin in early 2015. “We believe now is the perfect time to enter the market, worth 50-60 billion baht last year, as the industry just reached a […]
Read More →AOT AoT to seek Dec nod for new terminal – Airports of Thailand (AoT) Plc will ask the cabinet as early as December to approve the construction of a second terminal at Suvarnabhumi airport to serve more passengers. AoT board chairman Prasong Phunthanet will meet Transport Minister ACM Prajin Juntong today to discuss the construction […]
Read More →There hasn’t been much news driving the markets other than the expected downgrade of Thailand’s GDP growth to +2% from its 3-4% expectations (which were absurd to begin with), going forward this week we’ll see more economic reports in regards to exports and inflation but all in all not much else.
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