Management Trades 06/01 – 10/01
Notable transactions Very quiet week in terms of transactions by owners/directors Buy(s) THB 29mn n/a Sell(s) THB 53.5mn IFEC – Most likely a continuation of the block sale
Read More →Tag: Thai equities
These are the roads that are shutdown
Just in case you don’t already know, these are the roads that are shutdown today and most likely for the next couple of days Source: The Nation
Read More →Random Thoughts: Politics last thoughts.
I think, like most of my colleagues and friends, that we are tired of discussing politics. On Monday we have 7 main intersections being shut down, in the end there still isn’t a clear solution in sight, we have a government that has been fairly quiet during the protests, keeping the potential for violence to […]
Read More →What the CPALL?
I think a lot of market participants were surprised by the sudden drop of CPALL on Friday’s trading (it finished down 3% for the day), first thinking it was market related only for the counter to remain under pressure for most of the day. So what happened? CPF Announced its wholly-owned subsidiary, C.P. Foods Holdings […]
Read More →Political impact on the market vs ASEAN
Saw this on twitter via WSJ the other day. Despite Thailand trading @ cheaper valuations on a relative basis vs the Philippines and Indonesia, political troubles have pushed the market further down, thus while there has been a fund outflow out of SE Asia, Thailand has been hit far worse b/c of politics.
Read More →What happened this week 06/01 – 10/01
Thailand Public hearings on water-management scheme necessary: judge – A judge at the Supreme Administrative Court recommended yesterday that the court should order complete public hearings for all of the project modules under the Bt350bn water-management master plan, but added that it should refrain from scrapping the scheme, or ordering a public referendum to decide […]
Read More →Stocks in the news (cpf, rojna, synex, tta, wha) 10.01.14
CPF CPF buys Belgian food processor – SET-listed Charoen Pokphand Foods Plc plans to acquire a food operation in Belgium as part of its attempt to expand food investment abroad. Through its 99.99% owned holding firm CPF Europe SA, the company will next month pay Bt408mn for 80% of Tops Foods NV. The Belgian maker […]
Read More →Stocks in the news (bkd, bland, gen, nch, pttgc, rs) 09.01.14
BKD Gets job in Saudi Arabia — BKD will partner with a Saudi Arabian partner for an interior decorating job in a hotel worth Bt1bn. It targets revenue growth in 2014 of 15% YoY after missing target of Bt1bn in 2013 due to a delay in construction work. It plans to bid for new projects […]
Read More →Byron Wein’s top 10 surprises for 2014
Out of all the forecasts for 2014 that we get stuffed down our throats at the end of ’13 and first few weeks, there are very few that I care to sit down, read carefully and think about. Byron Wein of Blackstone is one of those, enjoy the list below and go to the link […]
Read More →Thai Army Chief Urges Public to Ignore Rumors of a Coup
The military has come out multiple times stating that a coup isn’t on the cards…yet…or may never be. Our viewpoint is that we don’t see it happening unless there is a huge amount of violence. “People are scared of something that hasn’t taken place yet,†Army Chief Prayuth Chan-Ocha told reporters in Bangkok yesterday. “Don’t […]
Read More →