Market research on Thai Stocks in the SET Index
With the continued political noise, holidays coming around and the market not being as buoyant as it was in the beginning of the year, a lot of the bigger ipo’s and IFF’s and property funds have been put off to next year, and of course politics doesn’t have an impact on the smaller names, it’s […]
Read More →Thailand Consumer confidence dips yet again – Consumer confidence hit a 22-month low in November due largely to political tensions and anti-government protests that held back spending. (Bangkok Post, 04/12/13) Rice: Corruption, yes, but not enough evidence — The NACC says there isn’t enough evidence to file corruption charges against all parties in the G2G […]
Read More →Ticon Industrial Connection Plc was established in 1990 to fill a need in the market for ready-built factories for lease. Ticon’s factories and warehouses are located in major industrial estates and in key areas in Thailand. Managing director Virapan Pulges discusses the company’s strategy and outlook. Virapan: Protests may hit property fund Please explain Ticon’s […]
Read More →EA 90MW generation this month — EA is confident that its solar farm will generate 90MW this month. It said that next year it will built a new plant in Lampang for another 90MW at a cost of Bt7bn. (Khao Hoon, 04/12/13) Comment: This is an incredible large solar farm, we doubt the long term viability of […]
Read More →Of things to note are the huge buy back by BGH’s main doctor Dr. Prasert @ THB 1.8bn and K. Keeree repurchasing shares of BTS, on the flip side its funny to see the majority of MEGA’s family shareholders selling out on IPO day. Note: For the monthly trades, we’ve decided to scale to […]
Read More →BMCL MRTA not to take rights — The MRTA board decided that it will not take its rights in BMCL’s capital increase and will allow its holdings to be diluted to 14%. MRTA’s CFO and financial advisors said that the decision will have no impact on the company’s management as it already holds the concession. […]
Read More →AIM Changing ticker to “EFORL†today — AIM is changing its trading name to EFORL today because its new business is trading in medical tools and equipment. Its new business will fully operate and clearly contribute revenues in 4Q13. (Khao Hoon, 2/12/13) Comment: From 3D Tv’s and advertising to medical tools, well at least they […]
Read More →Notable Transactions Buy(s)  THB 1 bn BGH – Dr. Praserttttttttttttttttt keeps buying, this time another THB 309mn BTS – K. Keere wants his warrants and dividends! IFEC – K. Wichai buys all of K. Narong’s shares SCC – A director buys THB 30 mn worth of shares SVI – K. Poe (CEO, majority shareholder) transfer […]
Read More →REITs will change the landscape quite a fair bit for several companies with income-recurring assets on hand, the ability to leverage (something which property funds can only do up to 10%) will allow firms like Ticon and CPN amongst several others to further expand without requiring an equity increase. But the delay has been in […]
Read More →We’ve longed wondered how long this will take, and now with their upcoming IFF which has the funniest terms you’ll ever read for a fund, what rate would investors be willing to pay? Plus I still think the company is worth less than 0 baht/share Moody’s Investors Service has downgraded the corporate family rating of […]
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