Well wasn’t that one quick rebound, if you had closed your eyes for the past 4 weeks then things haven’t changed much in terms of prices. Seems like all European and Asian equities have benefitted since the “reset” last month and with tapering announced next week, the fed isn’t going to do anything until late […]
Read More →Notable Transactions Buy(s) THB 1.1 bn EARTH – Huge purchase of THB 237 mn by the Chairman & CEO GFM – Family transactions IVL – Heinecke, a board member, purchases THB 22mn KKP – A whole bunch of purchases by directors/management NBC – The President buys THB 231 mn PACE – Hmm no comment, purchase […]
Read More →AP 2H13 to be good — AP expects second half performance to be strong and will book revenue of Bt10bn from its backlog of more than Bt30bn. It expects sales in 2H13 to reach Bt13bn. It has raised the number of project launches this year to 28, a total value of Bt32bn. (Khao Hoon, 11/09/13) […]
Read More →Last week the market begun rebounding, however it’s still down 4% YTD, the biggest drag this year is still the agro&food industry with only the tech sector remaining positive.
Read More →Notable Transactions Buy(s) THB 224 mn IECÂ – This is interesting, we’ve heard things are happening at IEC, just not sure what yet. NBC – Continunation of the play on digital TV SVI – K. Poe has essentially exchanged his shares from his offshore holding to under his name Sell(s) THB 16mn N/A
Read More →BGH Starts special promotion — BGH is to launch a “Perfect Diamond Young Fit Club†card targeting customers of over 60 years of age. It is confident that it will grow by 10% and confirms that it will open 10 new hospitals this year. (Khao Hoon, 10/09/13) Comment: A lot of investors have been disappointed […]
Read More →ABPIF Amata B.Grimm mulls Malaysia plant to feed South – Amata B.Grimm Power is considering building a coal-fired power plant in Malaysia to avoid a potential outcry over construction of such a plant in Thailand.(Bangkok Post, 09/09/13) CCP Growth continuing — CCP expects revenues to continue to grow for the sixth consecutive month on backlog […]
Read More →The media shifts very quickly in its headlines from Thailand booming to Thailand being in a recession to a potential repeat of 1997. This is nonsense as Thailand’s as well as most Emerging economies, have: 1. Increased their economic importance in the Global Economy 2. Foreign reserves in the late 90’s were only enough to […]
Read More →Thailand Fundamentals still sound despite slowdown, says BoT- Thailand’s economic fundamentals remain sound despite a continuous decline in July on the back of a slowdown in private consumption, exports and manufacturing output coupled with a current account deficit, says a Bank of Thailand official. The central bank’s senior director of macroeconomic and monetary policy, said […]
Read More →IRPC IRPC expects to return to profitability this year – Despite adverse impacts from the weak baht, IRPC expects to reap some profits this year as opposed to the loss it incurred last year, thanks to improved oil-refining rates amid an improving global economic situation and the rise of crude-oil prices, coupled with some expansion […]
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