John Mauldin of Mauldin Economics, put out his latest thoughts regarding the investment environment in the world today and given that the focus was on emerging markets and that Thailand is still one, this article is therefore worth sharing. He has several charts and insights on the debt issues and more importantly the potential impact […]
Read More →What happened? Yesterday both the shares of WHA and HEMRAJ were suspended/halted from trading by the SEC on the news that an M&S may potentially take place with WHA’s CEO saying it would be with a company of a THB 50 bn market cap. So why no deal? Both shares resumed trading today with both […]
Read More →BCP BCP says EBITDA this year will hit Bt10bn supported by revenue from its solar farm and investment in Nido Petroleum. It will go on a roadshow with the SET in the US. (Kao Hoon, 28/10/14) Comment: I’ve never liked their E&P expansion and with the refcent 20% decline in oil prices I do wonder […]
Read More →It’s coming to 3Q14 earning seasons time, the banks were the first to release their numbers and everything has been so-so, petrochemical/energy co’s are likely to have crap #’s b/c of the decline in oil prices (inventory losses), and I doubt consumer names are going to be exciting. There’s a lot of pressure coming in […]
Read More →AAV Thai AirAsia X eyes broad expansion – An aggressive expansion appears on the horizon for Thai AirAsia X (TAAX) with the addition of five wide-body jets and expanded coverage over Japan next year. On the radar screen for Thailand’s first long-haul low-cost carrier are services to four Japanese airports – Haneda (Tokyo), Nagoya, Fukuoka […]
Read More →Remember how we were all told that Europe’s financial system is fixed? Not by the looks of the latest ECB report detailing how 25 (out of 130)Â failed the recent health test. Â So not only do we have to deal with the Fed talking this weekend, relatively high equity valuations, a struggling global economy, you can […]
Read More →Notable Transactions Buy(s) THB 214 mn IEC – The Chairman buys a decently sized stake, as of Friday he’s already made 100% PJW – Looks like a switching in shareholding between family members *TPIPL – Interesting to note that K. Prachai are family are still buying shares in TPIPL Sell(s) THB 149 mn PJW – […]
Read More →AP AP readies wave of new developments – SET-listed developer AP (Thailand) Plc, feeling more upbeat about the country’s economic recovery and the government’s economic stimulus policies, plans to launch at least 17 new projects worth a combined Bt23bn in 2015. (Bangkok Post, 24/10/14) BANPU Banpu targets boost in coal sales – Banpu Plc plans […]
Read More →Watch this space, says thriving Maco Master Ad Plc (Maco) specialises in providing clients with creative out-of-home media services ranging from billboards, street furniture, transit and ambient advertising to made-to-order jobs. Noppadon Tansalarak, chairman of the executive committee and chief executive, discusses the company’s strategy and outlook. What is Maco’s business model? Maco is an […]
Read More →Thailand The BoT suggests both importers and exporters hedge their currency risk as the direction of the baht is not clear. The BoT will also push for a direct cross exchange between the baht and the kyat to support investment in Myanmar. (Bangkok Biz, 20/10/14) The Commerce Ministry expects exports next year to grow by […]
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