“It takes little experience in the investment business to realize that investors prefer good news.” And there is a lot more in this quarter’s latest paper where they cover everything from the US Economy to Emerging Markets, see below for some snippets & the link to the rest of the letter:
Read More →And the top 10 wealthiest list is out for the year with Prasert of BDMS and BA still holding the top spot, interesting to see that MK Restaurant group has been able to breach the top 10. Source: Bangkok Post
Read More →Japan October machinery orders unexpectedly climb — Core machinery orders in the world’s third-biggest economy jumped 10.7 per cent in October from the month prior, widely beating estimates for a 1.5 per cent decline. That comes on the back of a 7.5 per cent rise in September. (Financial Times, 9/12/15) Eurozone GDP expanded 0.3% in […]
Read More →AH AH expects 2015 revenue of Bt15.3bn with net profit growth of 3% on growth in the automotive sector. It targets revenue of Bt30bn in five years with 10% gross margin. It is talking to partners in India and Europe which is expected to be finalized soon. (ASTV, 10/12/15) Comment: Still don’t see any real […]
Read More →AP AP and Mitsubishi launched Life Pinklao project, valued at Bt3.1bn on Nov 21. It expects this to achieve presales of 40% by this year. It expects this to support demand for premium condo in this location. (Khao Hoon, 09/12/15) BEAUTY BEAUTY expects 4Q15 earnings to peak on seasonality and large orders. It expects 2015 […]
Read More →AKR AKR expects 4Q15 earnings to be highest backed by Bt500mn in transfers which achieved 2015 target revenue. It expects 2016 revenue of Bt3.2bn (+60%) aided by government projects. It expects to get a 9MW PPA for an agricultural cooperative solar farm in December. It expects to get Bt4bn in electric transformer projects. (Thun Hoon, […]
Read More →The market continues to get weaker and weaker towards the end of the year, why? Well earnings have been rubbish and there’s a fear that the major telco’s won’t be able to maintain their high dividend payouts, it is interesting to see that the service sector has held itself up this past year.
Read More →Notable Transactions Buy(s) THB 314mn BDMS – And he’s still buying shares WHA – The (ex) husband and wife team continue to buy back shares in WHA, everyone knows that 2016 will be an amazing year for EPS growth but going forward a lot is still up in the air IFEC – First time in […]
Read More →What a week this has been, firstly we started off with rumours in regards to Europe somehow banning Thai businesses and citizens. Where on earth could this have come from? Who would have believed this (a lot of people it seems) But what was the impact? The market suddenly dropped by -1% after the midday […]
Read More →Deal to sell rice, rubber to China — Thailand and China today signed a memorandum of understanding on agricultural products, which involves the sale of rice and rubber to Chinese companies. The MoU for agricultural crops was signed on the same day that the Transport Ministry and China signed an MoU to confirm their commitment […]
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