ThaiCapitalist research
Talks between the Finance Ministry and the Federation of Thai Capital Market Organizations (Fetco) over renewing tax deductions for investment in long-term equity fund (LTFs) remain inconclusive, making it likely the rule will be reduced or scrapped. Source: Bangkok Post LTF’s and RMFs had dramatically changed the Asset Management industry structure in Thailand since inception. […]
Read More →With Thai Bond yields and the Baht strengthening to 3.19% and 32.13 this morning, we had a quick look @ how much has been bought in the past 3 weeks. Basically we’ve seen (see charts below) foreign investors buy up some THB 15 bn in the past 3 weeks and in the same period the market […]
Read More →It’s monthly/quarterly paper time from all the major asset managers and Byron Wein of Blackstone should be on anyone’s reading list. In his latest “The Smartest Man in Europe” there are several interesting discussion points ranging from a new industrial revolution to Europe’s political weakness to viewpoints on specific emerging countries, all in all a […]
Read More →Banks are still driving this market, and with foreign investors returning to Thailand, see the baht and bond market strength in recent weeks, plus regionally as well, there is natural spillover into the local equity market. We still have the same scenario occuring here, a recovery of sorts across the board plus the promise of […]
Read More →Notable Transactions Buy(s) THB 1.8 bn CGD – Family member buys a huge block stake, upcoming projects + REIT on the cards MC – Husband and wife seem to be splitting up, the wife will continue to run the show as she has done since the company’s inception. NWR – The owner still sees value […]
Read More →ADVANC ADVANC will invest more than Bt1.4bn this year to help expand the number of base stations to more than 252,000 in the country and to improve its call centers and change its uniform design. (Khao Hoon, 14/07/14) CPF CPF said sales will grow by more than 15% this year due to lower raw material […]
Read More →Thailand Clarification on water projects requested — The National Debt Office will ask NCPO to clarify its stance regarding the water projects and the upcoming Bt3.5tn infrastructure plans. The financing is already in place, but the office said no funds have been withdrawn. (Krungtep Thurakij, 10/07/14) ‘Superboard’ sets up three sub-panels – The junta’s “Superboard” […]
Read More →Being #2 isn’t the end of the world, being part of the top 10 is still already something; now there are the usual two opposing sides of discussion, one that “Oh this is the beginning of the end for Thailand’s tourism” or “This is just a bump in the continued growth of Thailand’s tourism market.” I’m […]
Read More →AAV AAV is confident that 2H14 will be in the black because of the calmer political climate. It expects 12.6mn passengers in 2014 and is preparing to take delivery of five new aircraft. (Tun Hoon, 10/07/14) Comment: Been saying for the past few months that AAV will be one of the next companies to improve. […]
Read More →I’ve had the pleasure of meeting Mr. Heinecke on two occasions and have been following MINT (its former ticker was RGR when I started working) and I’ve seen how MINT has grown and grown and grown to the point where Central Group mimic’s their business model with Centel, to the point where almost every Thai […]
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