ThaiCapitalist research
When we saw this chart on the 19th June… Source: Zero Hedge …our hearts sunk for a moment as we feared an event similar to 2008 with Lehman going under and repo/overnight rates globally spiking, thankfully the 19th the Chinese government has come out saying that they will provide liquidity to the market. But we […]
Read More →AOT AOT gets screening fee nod — AOT can charge air passengers for advance passenger processing, under a Civil Aviation Board decision yesterday. AOT is expected to introduce the system this year and the board has capped the charge at Bt50/passenger. AOT will install an advance passenger processing system (APPS) that will speed up immigration […]
Read More →BECL EXAT approves hikes in toll fees — The Expressway and Rapid Transit Authority of Thailand board has approved a proposal seeking the raise tolls for the urban and suburban expressways by at least five baht. EXAT governor Aiyanat Tinapai said the toll increase for the urban expressway network will come into force on September […]
Read More →Notable transactions Buy(s) THB 124.0 mn GFM – Looks like the transaction between family members is still continuing Sell(s) THB 81.3 mn GFM – See above
Read More →Last week was another wonderful ride down for the SET on the back of continued foreign selling, our analysis indicates that they have already sold back down to Feb ’12 levels so unless the Fed comes up with something unexcepted mid-week we’re under the impression that most of the selling is over. Cash is still a […]
Read More →Yesterday the SET announced its semi-annual review, see below for the list of changes SET50 index (SET50): 3 companies; – CENTRAL PLAZA HOTEL PCL. (CENTEL), CH. KARNCHANG PCL. (CK), SIAM GLOBAL HOUSE PCL. (GLOBAL) – will be added into its index constituents. There are also 11 additions in the SET100 index (SET100): DEMCO PCL (DEMCO), […]
Read More →BBL: Asset quality remains sound in China and Vietnam. Despite the slowing economic growth in China and Vietnam, BBL said that its asset quality in both countries remains good. NPL stood at a low 1% of its loan in China and 2% in Vietnam. This is because their loans are geared towards real sector in […]
Read More →Aviation: Nok shares to begin trading on Thursday; Bangkok Airways to float IPO shortly. Airlines are joining the trend of being listed on the Stock Exchange of Thailand in order to raise funds for business expansion. Nok Air, a low-cost carrier, and Bangkok Airways are the latest to pursue this option, while Asia Aviation (AAV), […]
Read More →Thailand Kittiratt hints at pledge ceiling price cut on heavy losses — The government is likely to cut the ceiling price for the rice pledging scheme following reports of potential heavy losses from the program for the previous three crops, Finance Minister Kittiratt Na Ranong sid yesterday. He hinted there is a possibility the pledging […]
Read More →This a great editorial from Jim O’Neill, the former head of Goldman Sachs Asset Mangement, the snippets below are what I found to be most interesting: A return to normality eventually implies a benchmark 10-year Treasury yield of 4 percent or more In recent years, the search for yield has gone wider and deeper. The resulting […]
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