Byron Wein of Blackstone has just released his latest monthly letter and as usual its good reading, he covers the markets, the US, Japan and China, see below for a snippet and a link to the letter. Everyone had made money in the stock market in 2013, although few had done as well as the […]
Read More →AOT Airport departure tax hike stalled — A bid by Airports of Thailand (AoT) to increase airport departure taxes has been stalled by the political conflict but counter check-in fees will go up anyway, by five baht. Department of Civil Aviation chief Woradej Harnprasert said it was unlikely the planned departure tax increase would be […]
Read More →The whole world appears focused upon the Ukraine, whilst locally we still have our own political trouble (albeit less of an issue in terms of global relations than the Ukraine) and there is also recent news of soft PMI data out of China and Korea
Read More →Notable Transactions Buy(s) CM – A large share purchase by a director, not too sure what the story here could be. Sells(s) ITD – Again a big sell by management SRICHA – This construction company stock has been doing very well over the past few quarters, so does the MD not see any further upside?
Read More →AOT AOT to pay dividends of Bt4.6bnand expects revenues for the year to exceed Bt100bn.(Khao Hoon, 03/03/14) EA As expected, EA reported strong net profits at Bt268mn, 150% YoY, supported by its solar farm business that continued to grow strongly.(Khao Hoon, 03/03/14) Comment: An infrastructure fund next for this group? INTUCH Tight lips— Temasek Holdings, […]
Read More →So the PDRC has decided to stop the Bangkok Shutdown but still continue protesting in 4 areas including Lumpini Park but Asok and Rajaprasong and now clear. Suthep says it’s not a sign of weakness, really? Every protest site has looked incredibly empty for the past month, he hasn’t run around the streets looking for […]
Read More →Have nothing to do this Sunday morning? Warren Buffet’s latest annual letter is just out and here’s an excerpt and a link to the full letter 🙂 I tell these tales to illustrate certain fundamentals of investing: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, […]
Read More →Stanley Weiss has come out with another op-ed piece on Thailand, this time discussing the need for Thailand to have a Bill of Rights. Over the past century, Thailand has endured colonial aggression, two world wars and neighboring civil wars on every one of its borders. It has survived extreme nationalism, home-grown fascism, aggressive communism […]
Read More →Golden Land Plc (GOLD) is a SET-listed property developer focusing on landmark commercial, hospitality and mixed-use developments in the heart of Bangkok’s central business district as well as low-rise residential living. President Thanapol Sirithanachai discusses the company’s strategy and outlook. Mr Thanapol believes Thailand will quickly recover from the political conflict. Golden Land has gone […]
Read More →Thailand Economy in danger of stalling — Credit rating agencies have voiced concerns that the political impasse could take a toll on investment if it continues, says a Finance Ministry source. Public investment under the caretaker government cannot proceed at full throttle, while the Bt2trn infrastructure and the Bt350bn water management projects have been temporarily […]
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