Somchai spins 5% growth view. Somchai Sujjapongse, the finance permanent secretary, said the government’s plan to issue 100 billion baht worth of government bonds to finance provincial development and stimulate the economy is expected to spur private investment worth 200-300 billion baht next year. Deputy Prime Minister Somkid Jatusripitak said on Wednesday that the government […]
Read More →AIT AIT expects 2017 earnings to recover and targets revenue of no less than Bt5bn supported by its backlog of more than Bt2bn. It plans to bid for government and private jobs with a total value of more than Bt20bn. It expects to conclude the deal to find a partner next year. (Thun Hoon, 02/12/16) […]
Read More →A A targets 2018 revenue to reach Bt10bn from 2017’s target of Bt7bn. It plans to launch eight projects valued at Bt8.9bn. It is positive toward the outlook for the property sector. It expects 2016 sales to hit target of Bt6bn with a new high for net profit. (Kao Hoon, 01/12/16) DEMCO DEMCO got a […]
Read More →AMATA AMATA targets land sales of 1,000 rai in 2017. It expects performance to be supported by the ECC project. It plans to sell Bt4-5bn in assets to an REIT next year. It expects backlog to reach Bt4bn at the end of this year. (Kao Hoon, 30/11/16) Comment: It’s just been a continually disappointing performance […]
Read More →ASEFA ASEFA plans to open more branches. It plans for its trading and service business to comprise 30% of the total. It plans to take part in upcoming bids which will increase its backlog from Bt1.9bn. (Thun Hoon, 29/11/16) BANPU BANPU expects 2017 performance to be robust brought by higher volume and selling price. It […]
Read More →AMARIN AMARIN plans to increase capital by 200mn shares, priced at Bt4.25/share, privately placed with Wattaana Pakee Co., Ltd., which will be a major shareholder. It expects this to give it fullservice media business potential and make it ready for AEC. (Thun Hoon, 28/11/16) Comment: And that has made the stock price shoot through the […]
Read More →We’ve seen the banking sector perform incredibly well in the US since Trump has become president-elect and further confidence in interest rates being hiked by the Fed, when would the Thai Banking see the same type of performance?
Read More →Notable Transactions Buy(s) THB 1.17 bn PCSGH – A shareholder swap TNITN – He’s still buying shares in the market, will this company finally see a predominate major shareholder before the sub’s are listed? PJW – A shareholder swap MONO – Now that’s interesting, will they finally do something over at MONO versus just buying […]
Read More →Central Banks & equity markets Templeton has come out with a quick commentary on central banks and equity markets Their thoughts: US interest rate increases haven’t always resulted in lower performance for emerging markets generally. We don’t anticipate that a mild increase in US interest rates would have a significant impact on the financial markets, […]
Read More →Property tax delayed over bill dispute. The government has decided to postpone enforcement of the land and buildings tax law for one year after the Council of State expressed a different view on taxation of unused land. The delay until 2018 follows disagreements between the Finance Ministry and the government’s legal advisory body, said Finance […]
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