An interesting piece in the past week’s Economist regarding Thailand and it’s relationship with China. Â My viewpoint on Thailand’s relationship with China is that no matter what the Economist says China plays a damn important role in Thailand’s future on the economic front, (1) today Chinese tourists are already represent the highest %age of all […]
Read More →AJ Management expects good performance in 2H14 after 2Q14 earnings of Bt13.71mn, up from a net loss in 1Q14. It plans to add value-added products and increase high-end clients overseas, supporting profit margin. It expects to be in the black in 3-5 years. (Thun Hoon, 27/08/14) Comment: This company has been losing money for the […]
Read More →Because alternative energy will now play a larger role in Thailand’s energy plans and solar will be a large player in this, More solar power projects coming to Thailand. The issue is that Thailand is still a small player in the global solar industry, should there be a shortage of panels well that could hurt […]
Read More →Indonesia has a wonderful problem when compared to Thailand they can invest and invest and experience a huge growth in the automotive sector, similar to what Thailand has had in the past decade. Once their infrastructure  is completed and on an acceptable level for automotive manufacturers to invest and for the automotive eco-system to exist there […]
Read More →ABC ABC placed on SP after hitting ceiling for six consecutive trading days. The share price shot up Bt18.20 to Bt82 in just six days. (Post Today, 26/08/14) Comment: Well at least the SEC acted. AKR AKR to expand into EPC after the NCPO emphasized alternative energy. (Thun Hoon, 26/08/14) AQ AQ to expand into […]
Read More →BMCL BMCL upbeat on profit after 2017 — Bangkok Metro Plc (BMCL), the country’s subway operator, expects its balance sheet to become profitable after 2017 as more new train services are added. Service on the Purple Line from Bang Sue in the capital to Bang Yai in Nonthaburi province is expected to start in December […]
Read More →The news remains the same, new economic policies coming out of the government with things actually happening! The government is going to be focusing on the following points 1)agricultural prices 2)asset and land tax 3)gasoline price reduction 4)a pay rise for civil servants. Â And then poor (or improving) economic news expected to be released during […]
Read More →Notable Transactions Buy(s) THB 67.3 mn SAMART – The President buys a big stake, I have my doubts on SAMART performing as well it has going forward, SIM has declining growth, SAMTEL won’t have anything until 2017 at the best. Sell(s) THB 70.6 mn EPCO – The Chairman sells off a stake, this printing company […]
Read More →Saw this snippet on the BKK post the other day, essentially the IPO market in Thailand has been relatively quiet in the past 12 months because of the political problems, but with things calmed down now we have been such a rush of IPOs planning to hit the market, if you want to see a […]
Read More →Thailand Ministry of Finance to propose 8% wage hike for civil servants in October. According to the original proposal, the plan wage increase would happen in April 2015; however the permanent secretary wishes to move it forward. This will increase government spending by about Bt20bn. (Post Today, 22/08/14) G2G sale to Philippines ditched — Thai […]
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