Him, H. Marks and B. Gross are some of the few commentaries that I enjoy reading monthly/quarterly. The key message this month is in the first paragraph which is below, enjoy! The first was that the world was condemned to a prolonged period of slow growth unless vigorous fiscal spending took place in the major […]
Read More →Rather surprised that no one has really picked up on this. Two days ago DSGT announced to the market that it had received a voluntary tender offer from a PE Fund for the outstanding number of shares in the market at THB 5 / share Here are some key points and a link to the announcement […]
Read More →ARROW ARROW expects 2016 revenue and profit to be a new high. It is maintains its full-year target revenue at Bt1.4bn, growth of 15%. It has backlog of Bt240mn, all of which will be booked this year. It is talking with two companies to take a share of its subsidiary and expects to make a […]
Read More →AUCT AUCT expects to have good news soon. It expects 2H16 to be growth and expects 3Q16 to recovery due to car bidding is recovery; It had bid for a 30k car in 1H16. (Thun Hoon, 05/09/16) BAFS BAFS expects 2016 revenue and profit to record a new high, as volume increases with the number […]
Read More →It’s September! The month I dread, where for some reason things that can go wrong, do go wrong and markets pullback. After the litany of negative headlines seen in the past 12 months, what can we expect this month?
Read More →Notable Transactions Buy(s) THB 147 mn AJ – Looks like a block trade between the family members POMPUI – Will this Non performing name be relisted? Sell(s) THB 139 mn AJ – See above TFG – Perhaps the best performing name this year due to a turnaround but even this Chairman/director thinks its done
Read More →State firms plan investment spree to boost the economy — In the second half of this year, 55 state-owned enterprises will invest at least Bt100 billion, to add to the Bt130 billion in the first half, in order to boost economic growth by 0.3-0.4 of a percentage point. (Bangkok Post, 29/8/16) Auto decline brings down […]
Read More →AMATA AMATA expects 2016 land sales to hit target of 1,000 rai. It has land of 1,000 rai to support investment. It is confident that total revenue will grow no less than 5% supported by its backlog of more than Bt1.3bn. (Thun Hoon, 02/09/16) BANPU BANPU plans to COD 118MW this year, with full year […]
Read More →There isn’t any new information in his latest monthly commentary as he continues on the negative aspects of zero interest rates and negative rates. But at least he doesn’t talk about sex anymore… I and others however, have for several years now, suggested that the primary problem lies with zero/negative interest rates; that not only […]
Read More →BEAUTY BEAUTY expects 2016 revenue and profit to be a new high due to revenue growth of more than 45% in 2H16. It is negotiating with a partner to set up distributorship in Hong Kong and Taiwan; it expects the deal to be concluded in 4Q16. It expects revenue growth of no less than 20% […]
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