MPI continues to rise as exports shine. The manufacturing production index (MPI) continues to rise, gaining 3.7% year-on-year in August to 112.94, indicating that the economy is still recovering, says the Office of Industrial Economics (OIE). The year-on-year rise in July was 3.7%. The increase in August brought the MPI index for the first eight […]
Read More →AMATA AMATA will use 8,000 rai to develop “Smart cityâ€, partnering with SAAB from Sweden. It plans to start the investment in early 2018 and establish a joint venture company for aircraft parts production and aviation practice center. It also believes 2017 land sales will reach 1,000 rai. (Thun Hoon, 6/10/17) Comment: Its interesting that […]
Read More →And he’s back with the latest monthly commentary, two paragraphs I found interesting, 1) the viewpoint on the hurricanes harvey and irma – just a side note: even though there will be gdp growth as a result of re-building, actual productivity doesn’t go anywhere if everything replaced is like-for-like, that’s the amusing thing with gdp […]
Read More →AMATA AMATA partnering with Sweden’s SAAB AB to launch AMATA Aerospace City. This will be a “smart cityâ€. It expects to become a leader in the development of local area and industrial area in Thailand and Asia into effective and sustainable industrial hubs. (Thun Hoon, 5/10/17) Comment: Wow things are actually moving down there, perhaps […]
Read More →BA BA signals 3Q17 earnings will turn positive from 2Q17, as number of passengers and load factor have increased significantly. It is going to open a new route, Bangkok-Phu Quoc to expand its presence in CLMV and increase revenue in the long term. Flights are expected to start on October 29. (Thun Hoon, 4/10/17) Comment: […]
Read More →If you want to know why the hotels are full, anything tourism related buzzing – just look at ERW, CENTEL, MINT, AOT, AAV. As a result of the continuing issues surrounding N. Korea, Chinese tourists are avoiding S. Korea and making their way to other parts in the region/world, and Thailand being the land of […]
Read More →AAV AAV is entering high season in 2H17. It says the number of Chinese tourists has picked up since August, lifting its load factor to 84%. It is purchase three new airplanes and will add routes from Don Mueng to Maldives, Jaipur and Tiruchirappalli. (Thun Hoon, 3/10/17) Comment: Still the best LCC player in Thailand […]
Read More →AIA AIA has increased its potential to be a leader in insurance market in Australia and New Zealand via an acquisition and 20-year partnership to sell insurance through banks. It expects this will add significant value to its business and create substantial growth in both revenue and earnings. (Thun Hoon, 2/10/17) ANAN ANAN reports that […]
Read More →The rush in liquidity has pushed things such as CPALL, HMPRO, and basically every other large name has kept the market buoyant.
Read More →Notable Transactions Buy(s) THB 200 mn MINT – That’s a fairly substantial purchase for these warrants by the founder SKR – This director must see value in this hospital group Sell(s) THB 79 mn CCN – Well the company has changed the ticker to “SKY” (I’ll update this later) and the stock price went through […]
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