Thailand BoI expects to hit investment incentive goal of Bt1trn – The Board of Investment remains confident that the total value of applications for investment privileges this year will meet the target of Bt1trn, though the number in the second half might not be as high as in the first, said Udom Wongwiwatchai, secretary-general of […]
Read More →CK eyes 25% of Bt2trn transport projects – CH Karnchang (CK) hopes to secure 25% of the Bt2trn worth of infrastructure projects due to be put up for bidding by the Transport Ministry between this year and 2016. (The Nation, 25/07/13) KBANK Kasikorn sees brighter days ahead for corporate deals – Kasikornbank (KBANK) predicts strong […]
Read More →Was just quickly browsing through KK’s latest presentation to investors and while I was initially looking for the potential NPL’s I came across this slide: What we take from it are: Retail Investors still dominate the SET and MAI, and this with a doubling in the average daily value traded. Foreign investors have exited Thailand to a […]
Read More →This was all over the news last night. Thai telecommunications group True Corp Pcl TRUE.BK said it aims to raise at least $2.25 billion by listing an infrastructure fund to help pay down debt, in what would be Asia-Pacific’s biggest initial public offering so far this year. Source: Reuters Our thoughts? If True were to […]
Read More →BLAND to set up REIT — BLAND is to book in profits from its Sri Nakarin land sale of Bt3bn in 2Q13/14 and also to establish a Real Estate Investment Trust (REIT). BLAND-W4 is to start trading tomorrow (Jul 25th) and expects BLAND price to be Bt1.80, leaving BLAND-W4 at Bt0.45. (Khao Hoon, 24/07/13) Comment: […]
Read More →Today the market started off with a bang up 2% but we think that would it still a reliatvely quiet month even though its 2Q13 earnings time. Foreign investors have basically done their re-allocation for at the very least the next quarter or so and there is still the fear of politicals making noise starting the […]
Read More →Notable Transactions Buy(s) 152 mn GFM – A continued swap in shares within the family SIRI – This is odd, the President appears to be swapping shares amongst his own accounts…? Sell(s) 161mn GFM – See Above IFECÂ – A director sells off THB 20 mn worth of shares SIRI – See above
Read More →BBL preps for Japan turf war – The acquisition by the Bank of TokyoMitsubishi UFJ (BTMU) of a stake in Bank of Ayudhya (BAY) is persuading Bangkok Bank (BBL) to prepare for stronger competition in the Japanese corporate banking business segment. (Bangkok Post, 23/07/13) Comment: Watching the changes in the banking landscape here in Thailand […]
Read More →My friends over at Shareinvestor Thailand just launched this app yesterday and my my have I enjoyed it. Essentially they have gathered all of their clients here in Thailand (some 150 or so) and put their annual reports (for the past 3 years)Â available to read in English/Thai here in this simple app. Â And the best […]
Read More →Thai Two asked to nominate next BoT chairman – The Bank of Thailand board is asking the central bank’s governor and the permanent secretary of the Finance Ministry to nominate candidates for a new chairman of the board by July 29, on expectations of selecting a name by mid-August before forwarding the choice to the […]
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