Construction players woke up when the government started to work again. Banking is hurt (look at SCB’s recent write-offs I still think there’s more to be written off) and tourism .. wow .. – 28% over 12 months? Doesn’t quite match up with the tourism numbers. Anything interesting this week? Sure, more finco’s reporting and […]
Read More →BGRIM to sign JV with EGAT today to develop 45mw solar floating projects. Comment: Cookie munster #3 (1. IVL, 2. GULF)Â BJC: Thai antitrust office sets up committee to evaluate impact of Tesco deal to mitigate risk of monopoly. Comment: I wonder which group pushed the government to set this up? CP? Central? It’s the […]
Read More →Notable Transactions Buy(s) THB 22 mn N/A Sell(s) THB 73.9 mn SKY – Another sale by a shareholder/director
Read More →Oil Fund scraps 1-baht discount : Fuel prices to rise by 50-60 satang per litre as tensions ease. The Energy Ministry yesterday announced the end of the onebaht discount on eight types of motor fuel, saying US-Iran military tensions were likely to ease and pose little threat to the stability of oil prices. Bangkok Post […]
Read More →BCH expects recent change to SSO payment scheme to boost revenue by 7-10%, confident of keeping #1 spot for SSO patient scheme with 880K members. Comment: It was a major risk for a short time, but now with this settled, these government reliant hospitals DTAC CEO, Alexandra Reich, resigns, effective February 1, Telenor Myanmar chief, […]
Read More →I think this summarises the latest Memo from Howard Marks well. “Investing involves hidden information, luck and skill” Enjoy! Source: Oaktree
Read More →ADVANC was the 5th to acquire 5G bidding docs, while Cabinet gives greenlight for National Telecom (NT) to participate in the bidding. Comment: I want to see a JAS part 2. AP launches Bt4.7b luxury condo the Rhythm Charoenkrung Pavilion in JV with Japanese partner, plans 4 new condo projects worth Bt12b. Comment: The real […]
Read More →Why pay attention to this? They only manage some USD 6 trn in assets…so it wouldn’t hurt to see what they are planning to do with their capital and here’s the two key paragraphs and a link to the 2 of their letters “ Climate change has become a defining factor in companies’ long-term prospects. […]
Read More →AOT to sell 2nd round of TOR for duty free pick-up counter at DMK airport on Jan 20 as only 1 bidder participated 1st round. AWC holds press conference for new business cooperation at InterContinental Hotels Group. Comment: Still an overpriced behemoth. BBL seeks shareholder approval for Permata acquisitions upcoming AGM in February, expects transaction […]
Read More →It was all about the US vs Iran last week. The main news event this week has been that the government finally did their job and approved the budget for 2020 – only 3 months late. Who says “democratic” governments don’t work…
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