ThaiCapitalist research
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 […]
Read More →BAY BAY keeps 7-9% loan growth aim – Bank of Ayudhya (BAY), the country’s fifth-largest lender by assets, is maintaining its lending growth target at 7-9% this year despite sentiment improving after the military coup ended the political impasse. The new signs have not had a clear impact on loan growth as it is the […]
Read More →AIRA 150%price surge on first day — On its first day of trading, AIRA’s share price surged by more than 150% to Bt1.88/share from its IPO price of Bt0.75/share. Management reaffirms that major shareholders will not sell their stake as they are in for the long term. (Khao Hoon, 08/07/14) Comment: As expected, small IPO […]
Read More →Two things to note: 1) the SET is now just 10% from its peak back in May ’13, 2) Banks have been driving the SET rally this year up 26% for the year. One question, is this really justified? Foreign investment levels in the Thai market are incredibly low (lowest I’ve seen since I’ve been […]
Read More →ADVANC Expects 33mn 3G users this year — ADVANC says it expects its 3G clients to reach 33mn in 2014. Its vision is to make the company the “Digital Life Service Provider†within three years. It will continue expanding its digital content business and expand base stations to reach 20,000 this year. It also said […]
Read More →A rare week, no management transactions above THB 20 mn, is everyone on a wait and see mode? Notable Transactions Buy(s) THB 25.8 mn N/A Sell(s) THB 23.9 mn N/A
Read More →Based on local news this is what we gather is the timeline for the new constitution and elections.
Read More →Thailand Bank of Thailand expects growth rebound in 2015 — The Bank of Thailand forecasts economic growth will strengthen to 5.5% next year as the economic recovery gains momentum. (Bangkok Post, 28/06/14) BoT sees encouraging trend in currency trading, especially in RMB and pound sterling. CIMBT is showing the same trend in preparation for more […]
Read More →These are the latest transactions (Above THB 20mn) for the month of June 2014 Total Buy(s) THB 1 bn Total Sell(s) THB 3.3 bn
Read More →Chu Kai lifts its way to growth in competitive construction industry Chu Kai Plc (CRANE), which entered the Market for Alternative Investment in February 2008, intends to be the leading logistics service operator specialising in and transporting machinery and equipment in Southeast Asia. Chief financial officer Chamnan Ngampojanavong discusses the company’s strategy and outlook. What […]
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