The evil chinese are devaluing their currency to ruin the world! Right…that’s the headline I’ve been reading the past few days, and this is the only chart that I care about at the moment. And these quotes from El Erian China is now following a path that many other advanced and emerging economies have been attempting […]
Read More →ANAN ANAN launches 4 new projects worth of Bt11bn. It has set a presales target of 40% per project within Aug 12-16. It is cooperating with Thai Samsung Electronics. (Khao Hoon, 14/8/15)] Comment: And they’re spending quite the small fortune on marketing these projects, you can see their advertisements everywhere in Bangkok ATP30 ATP30 IPO […]
Read More →The image below does explain a lot in terms where FDI is going within the region, for the 2nd largest economy in ASEAN, Thailand hasn’t been able to attract the #’s that one would expect, I wouldn’t be surprised in 5 years to see Vietnam attracting far more capital than Thailand. Source: Bangkok Post
Read More →AOT AOT says there is no impact from the Chinese yuan depreciation. Growth in Chinese tourist was 10-14% for eight months. (Post Today, 13/08/15) Comment: For once, I concur with this government enterprise. ARROW ARROW reported 2Q15 earnings of Bt56mn (+92%YoY). It plans to pay an interim dividend of Bt0.15/share, XD on Aug 21. It […]
Read More →Another paper out by Bill Gross 10 days ago also with rather negative overtures towards the markets and the debt levels/interest rates, here are some snippets and a link to the full piece. Draghi’s ECB and the Merkel controlled EZ ascribe to the old theory of “Feed a fever, starve a cold†– the “fever†[…]
Read More →ADVANC ADVANC is talking to TOT to become a business partner; it expects this to be finalized in August. ADVANC is ready to bid for both 1800 and 900 spectra in the 4G auction. It plans to expand its market in 2H15. It targets 2015 revenue growth of 3%. (Khao Hoon, 11/08/15) BCP BCP targets […]
Read More →AIS AIS pushes for joint venture with TOT, Mobile leader wants to rent telecom towers – Mobile leader Advanced Info Service Plc (AIS) has submitted a joint-venture proposal to TOT Plc to operate telecom tower sites after its mutual second-generation (2G) mobile concession expires next month. (Bangkok Post, 10/8/15) Comment: Well they need it given […]
Read More →The market has continued to get weaker in the past week for the same reasons 1) Weaker THB 2) Continued weakening economy etc etc, now another thought has entered into my mind, historically the USD gets weaker after the first rate hike for a few months, should we expect this to happen will SE Asian […]
Read More →The opportunity days are back! Starting today you can begin to look go and listen to the owners/CEOs/Presidents’ of listed companies talk about their latest earnings or even stream them online. My analyst just reminded me, the schedule may change from day to day so you’ll have to continually check the SET website. Enjoy! […]
Read More →Notable Transactions Buy(s) Â THB 91 mn GUNKUL – The assistant MD buys THB 51 mn worth of shares, a week before 2Q #’s are announced..(just out and earnings were up 70% YoY on a Q basis, however 50% down on 1H comp) IFEC – The “spouse” of the CEO is dumping warrants and buying shares, […]
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