AOT To set up infrastructure fund — AOT will set up an infrastructure fund worth Bt60bn to build a new passenger terminal for Suvanabhumi Phase 2 and renovate and improve Don Muang and Phuket airports to prepare for an increase in the number of tourists. (Khao Hoon, 21/01/14) Comment: We heard about this idea over the weekend, […]
Read More →Looks like the bidding begins by Sept ’14, ADVANC and DTAC are in good financial shape to be able to pay for this, TRUE has launched its TRUEGIF but it’s still bleeding cash from its marketing campaigns, at the end of the day ADVANC is still going to be the market leader. True Move and […]
Read More →This news article was emailed around by brokers yesterday that Thailand’s risk of default has increased, ok let’s sit back and take this all with a grain of salt, Thailand is a long way away from being a default risk, ample reserves are being held by the BOT, debt-to-GDP levels are still more than manageable, […]
Read More →Violence over the past week and the protests have continued to weigh on the market. Volumes for the SET have also been back to 2010-11 levels which means far less interest from all investors.
Read More →Overall management trades in the past week have been low yet again, are people still on holiday or do they still not see value? Notable Transactions Buy(s) THB 51 mn RS – The director buys THB 24mn Sell(s) THB 1.7mn N/a
Read More →CPF CPF has high-tech food productionwhich can produce safe food and none of its chicken farms have been found to have bird flu. It is ready to focus on exports. (Khao Hoon, 20/1/14) Comment : CPF has been in the news often recently DCC DCC will pay dividend at 100% of net profit (Bt0.95/)after it […]
Read More →Howard Marks of Oaktree Capital Management has come out with another must read memo, here he covers the role of luck, the effort of a team, and looking at inefficient markets, see below for excerpt and a link to the pdf At that point, an uncle pulled him aside and doled out some advice. “Jim, […]
Read More →Christiani & Nielsen (Thai) Plc (CNT) is a listed construction company operating in Thailand for 82 years, with more than 1,500 projects. Managing director Khushroo Kali Wadia discusses the company’s strategy and outlook. What is CNT’s business model? We are a pure construction company offering a wide range of services including the design and construction […]
Read More →Thai Economy Kittiratt warns of stifled 2014 growth, As ‘shutdown’ wreaks economic havoc, MPC to meet as scheduled next week – The Finance Ministry expects the prolonged political protest to drag down economic growth to only 3.1% this year, while the Bank of Thailand insists its Monetary Policy Committee will meet on January 22 as […]
Read More →AMATA Setting up REIT — AMATA’s board has given the green light for the company to set up a REIT worth Bt4.750bn. AMATA aims to inject 76 factories with a total leasable area of 136,434.52 sqm, along with 12 new factories with 24.144 sqm that is currently under construction. (Khao Hoon, 17/01/14) Comment: Finally AMATA […]
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