I’m tired of writing about politics, instead look @ how the agro sector has done over the past few months versus the tech sector, we postulated perhaps the end of telcos and a switch to food a few months back (pat on the back) and we don’t see it finishing anytime soon, telcos are in a bit of a mess at the moment with the 3G migration costs and competition within the sector.



01set 02mai


03agri 04conpro 05fin 06indus 07propcon 08resourecs 09service 10tech

  1. Any thoughts on SSC (EST Cola)?
    A chance to turnaround perhaps? Most loss looks like it’s coming from extraordinary accounting entries (some from write-off in old pepsi bottles)!


    • SSC’s revenue has dropped off a lot since the change from Pepsi to Est and the company still has the same fixed assets and operating costs. The GPM has improved quite a bit from 15% to 27% and a quick sensitivity analysis shows that the company only really has to increase its revenue by +15% to have a net profit again. But its market cap is still 23bn baht…its got some way to go to justify current valuations.

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