So politics is coming back to the forefront of the news headlines, its been building up over the past few weeks and with the Internal Security Act invoked a few days ago, market participants have become more worried. We’ve also heard that Mr. T is becoming more and more agigtated and desperately wants to return […]
Read More →Raimon Land’s business model? Raimon Land is currently a property real estate developer focused primarily on the luxury market segment in major urban and resort locations in Thailand. We are currently exploring new revenue streams outside pure property development that will diversify our core business. In the first quarter of 2013, there was a major […]
Read More →BWG Revenue target achievable — BWG is confident that revenues will reach its target of 30% growth this year due to the higher volume of customers, especially industrial customers, driven by increases in waste and better unit prices. Sales to PTTGC, a customer, will depend on the amount of waste generated by its oil spill. […]
Read More →So a plethora of economic news regarding Thailand has come out over the past week and it all has pointed to the same direction which is a slowdown in growth for the country So a quick summary of whats happened: Retailers are revising down growth targets across the board (Bangkok Post) Agriculture – growth expected […]
Read More →BAM on target for stock listing in 2014 – Bangkok Commercial Asset Management (BAM), the state-owned debt management firm, confirmed its plan to seek listing on the Thai stock market by mid-2014. President Krit Sesavey said it is waiting for its parent Financial Institution Development Fund (FIDF) to allow it to move forward with its […]
Read More →CPN At CPN, B53.2bn for new Rayong mall – Despite the gloomy global economy, leading local retailers vow to maintain their business plans in order to meet sales projections this year. Central Pattana Plc (CPN) is the most active, intending to use Bt3.2bn to build a new shopping mall in Rayong and capture rising spending […]
Read More →ANAN Buying more land for a luxury condo — ANAN is investing Bt1.417bn to acquire a new land plot to develop a luxury condominium project worth Bt6.5bn and expects presales to start in 4Q13 with transfers in 2016. The company said revenues will grow by 100% this year and expects transfers for 2013 to amount […]
Read More →Well its been a another difficult week and essentially we think the market is worried about the upcoming political noise next month with the amnesty bill (i.e. Thaksin trying to come back to Thailand) looking to be discussed by the House on 7th August as well as the “People’s Army” threatening to hold rallies on […]
Read More →Notable Transactions Buy(s) THB 174mn GFM – Continuation of a shift in family holdings NMG – Vice Chairman sells his warrants to purchase shares worth THB 75 mn Sell(s) THB 155 mn GFM – See Above NMG – See above
Read More →AUCT IPO of 110mn shares — Mr. Aekpittaya, CEO of AUCT, said the company will be offering 110mn IPO shares at par value of Bt0.25/share and at an offering price of Bt2.00 on July 31 and August 1- 2. It is expected to be traded on MAI on August 9, 2013. (Khao Hoon, 29/07/13) MCOT […]
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