BBL Working to increase NIM — BBL will increase its net interest margin (NIM) and remains confident that it will not affect net profit. Capital reserve for 4Q13 will be in line with expectations and corporate loans will grow 8% this year. (Khao Hoon, 08/11/13) Comment: As much as we like to joke about them […]
Read More →This an incredibly good article on Bloomberg evidencing the growth of Thailand’s provinces ex Bangkok. Its something that we’ve thought internally for the longest time that Bangkok doesn’t have much more business growth which as been evidenced by its growth numbers, whereas the provinces are growing @ 2-3x the rate of the country’s GDP. Of […]
Read More →APCO Raising growth target again — APCO is raising its earnings target again to growth of 70-75% YoY. The company expects 4Q13s to be outstanding as it is the high season. (Khao Hoon, 11/10/13) Comment: Never heard of this company before, no idea what it is CPALL Cutting MAKRO holding — CPALL is planning to […]
Read More →AMATAÂ Flood hits Amata Nakorn- More than 700 factories in the Amata Nakorn Industrial Estate in Chonburi have been cautioned to monitor the floods closely, as they may face a repeat of the 2011 deluge. Viboon Kromadit, the estate’s chief of operations, said evacuation should be prepared and drilled even though the water has yet […]
Read More →BAY – Japanese bank looking to buy into BAY — Mitsubishi UFJ Management said that the Japanese bank is in the process of waiting confirmation from GE Capital International Holding Corporation to acquire 25% of BAY. Recently, Mitsubishi UFJ acquired 20% of Vietin Bank for 15.5 trillion dong (US$743mn). (Khao Hoon, 16/01/13) Comment: Well the […]
Read More →Several notable transactions have happened in the past week: Buys:Â 2S – The CEO purchased a big lot during the week worth Bt 23 mn BGH – A director on the board somehow amassed nearly Bt 300 mn worth of shares Sells:Â Global – A director decided to unload Bt 23 mn worth of warrants […]
Read More →Over the past 6 weeks the countryside of Thailand has been heavily flooded with several people dying, being relocated, houses being demolished. I hate to write about this but unfortunately the flooding is good for certain companies in Thailand as infrastructure and housing will have to rebuilt.
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