And the wonderful start to the year continues with only the service sector (mainly hospitals) holding the market up. Â For the first time in a few years yields (whether they be earnings or divvy’s) are beginning to look interesting…
Read More →AGE AGE expects to become a holding company engaged in the property business. It expects a return of at least 15%. It plans to export coal to Vietnam, which will increase revenue by 5-10%. It expects 4Q15 earnings to be good. It plans to implement cost control to increase profit. (Thun Hoon, 18/01/16) Comment: A […]
Read More →COM7 Local institution is interested in COM7 shares because of its strong fundamental. It plans to invest in Hobby Plus to increase revenue. It targets 2016 revenue growth of 15% aided by focusing on online market and expanding its customer base. (Thun Hoon, 15/01/16) Comments: It’s been on a tear in the past few months, […]
Read More →The stock price has definitely moved as if an sale is going ahead. This rumour has been around for the past quarter when issues were arising in France re Group Casino’s performance, since then the news has been quiet except for a potential REIT in the offerings. Now we have brokers doing relative valuations of […]
Read More →China sees consumer inflation, producer deflation in 2015 — China’s consumer inflation continued to grow mildly in 2015, and producer prices went deep into deflation territory, as domestic demand remained lackluster amid a slowing economy, official data showed on Saturday. The consumer price index (CPI), a main gauge of inflation, increased 1.4 percent year on […]
Read More →Despite it being a start of a new year the same questions/scenarios remain… What if the ISM figures in the US stay below 50? Does it lead to a recession in the US? Forces the feds to not raise rates but instead cut them? If the USD declines? Oil prices recover? Capital flows back into […]
Read More →As always, an incredibly enjoyable read! I still need to re-read this a few more times but here are some snippets and a link to the rest of the memo “Everyone knew†for years that the Chinese economy had been overstimulated with cheap financing, and that this had led to excessive investment in fixed assets. […]
Read More →BIG BIG is budgeting Bt200-150mn to expand its business by opening more branches. It expects 2015 revenue to mark a record high and to pay its first dividend. It expects 2016 earnings to be good. (Thun Hoon, 14/01/16) Comment: I’ve been surprised by their continuing positive performance but I still have doubts on their sustainability […]
Read More →Given that a few readers here like BJCHI, here’s the latest news out from the company “BOD has approved a share buy back up to THB 250 mn or 2.5% of issued shares (40 mn shares)” Source: SET From memory this is the fourth listed company in Thailand to embark on share buybacks in the past […]
Read More →ABC ABC plans to invest in education business. It expects to sign an MoU with Lanna International School in Chiang Mai, valued at Bt150mn. It plans to launch the Bt2.5bn ABC Residence Sukhumvit39. (Khao Hoon, 13/01/16) Comment: Wait…weren’t they going to do IT? And then renewable energy? And now its an international school and property […]
Read More →