ThaiCapitalist research
I’ve had the pleasure of listening to Kishore Mahbubani speak live a few months ago and just came across this article stating his viewpoints on ASEAN. As a region it is doing tremendously well despite all the issues that plague developing  countries, and in my mind as an investment destination is a no-brainer. See below for […]
Read More →BGH Buys new hospital in Nakorn Pathom — BGH has announced the acquisition of Sanamchan Hospital, a 198-bed private hospital in Nakorn Pathom, plus its two hospitals. The investment cost is Bt3.66bnn (SET) Comment: And the growth machine for BGH continues, still think it can comfortably go to THB 20/share, just wait for the day […]
Read More →Well there are some surprises here, namely I’m quite happy to see Somkid’s Jatusripitak (he was part of thaksin’s team as their finance minister/deputy pm) and I do highly rate his capabilities. As for M.R. Pridiyathorn…well..he implemented capital controls some 8 years ago which made the SET drop 30% so I hope he doesn’t make […]
Read More →AGE AGE plans to generate 100MW from biomass power plant in 5 years. It expects to invest Bt7bn. Although revenue from the electricity business will be lower than from the coal business, net profit is expected to be similar. (Khao Hoon, 28/05/14) Comment: Well they are going to have to raise debt to quite high […]
Read More →A rating agency, R&I, last night downgraded Thailand’s outlook from Stable to Negative, will this be the first of many? Thus far Moody’s and S&P haven’t commented just yet, on a worst case scenario you can imagine all rating agencies downgrading Thailand to the point where the cost of issuing new debt skyrockets and then leads […]
Read More →BCP Only slight QoQ fall in EBITDA in 2Q14 — Although its refinery will be shut down for maintenance, BCP expects EBITDA for 2Q14 to only fall slightly compared to 1Q14. Even though EBITDA for refinery business will fall by 30%, revenue from its three solar energy phases plus the attractive adders, will help strengthen […]
Read More →Gunkul Engineering Plc is one of Thailand’s top producers and traders of electrical equipment and has expanded into electric power production, mainly from renewable energy, both solar and wind. Chief executive officer Sopacha Dhumrongpiyawut discusses the company’s strategy and outlook. What is Gunkul’s business model? Gunkul is a one-stop provider for renewable power plants and […]
Read More →If I were to do a correlation between every trip I take to a different continent with political events in Thailand the result would be near 1.0. So a coup has happened this time (previous time was the flooding, before that was the May 2010 fights, and before that was the airport shutdown, my traveling […]
Read More →ADVANC AIS to temper revenue view – Advanced Info Service (AIS) says it will revise down its revenue growth target from the previous 6-8% this year because the political stalemate is dragging down economic growth and hurting the mobile sector. But the country’s biggest mobile operator is still expecting positive growth. (Bangkok Post 26/05/14) Comment: […]
Read More →What the what? Everytime I travel something happens in this wonderfully odd country, and this time a coup (a longer post to come later in the week), anything to look forward to? Well the military is wiping the government posts clean and replacing each position with their own people, I don’t there are going to […]
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