Thailand Ministry sticks to 1.2% export target despite dire forecasts – Despite many organisations projecting low export growth this year, the Commerce Ministry has maintained its target at 1.2 per cent as it expects shipments to recover in the second half on the back of a predicted rise in oil prices and a weakening in the value of […]
Read More →ADVANC ADVANC expects to be a leader in broadband business by partnering with TOT; this is expected to be concluded in 3Q15. 2H15 revenue is expected to mark a record high thanks to seasonality. Subsidiary AWN is preparing to participate in the 4G auction. (Thun Hoon, 03/07/15) AIRA AIRA expects 10-20% revenue growth this year, benefitting from […]
Read More →Mobius makes a few good points in his latest commentary on emerging markets vs advanced markets, here’s a few nuggets and a link to the full article. Growth in emerging markets has outpaced growth in developed markets by more than double People under the age of 40 are typically entering the most productive years of […]
Read More →ADVANC ADVANC and TOT plan to invest in mobile-broadband business which is expected to be finalized in 3Q15. ADVANC expects 2H15 revenue to grow 4% which consists of 30% growth from data service revenue. (Khao Hoon, 02/07/15) Comment: I do think this will kill JAS and most likely hurt True substantially as well. AIRA AIRA […]
Read More →ADVANC ADVANC is the number 1 candidate for 4G auction. It expects 2Q15 earnings of Bt9.2bn (9% growth). ADVANC is a high dividend stock compared to its peers. (Thun Hoon, 30/06/15) Comment: ADVANC needs the 4G spectrum more than any other operator out there. AOT AOT is budgeting Bt13-14bn to developing Suvarnabhumi and Don Mueng airports […]
Read More →BGT BGT targets gross margin of 40% backed by implementing cost control and introducing new products. 2Q15 profit is expected to be good. It expects 10% revenue growth this year. It plans to expand abroad. (Thun Hoon, 29/06/15) Comment: I’ve always thought they knew how to run a good retail business, but the numbers haven’t […]
Read More →And the only news this week that will have an impact is Greece! Question – will it have a contagion effect? No, it won’t precipitate a liquidity crisis.
Read More →Notable Transactions Buy(s) THB 451 mn POST – So he’s gone ahead and acquired up to 25% of POST b/c he says he believes in the future and the business today. PF – I still fear a future capital increase by Property Perfect. BA – Â And he continues to buy more and more shares. Sell(s) […]
Read More →Here are the facts: Exports tumbled for a fifth straight month in May The Commerce Ministry yesterday said shipments fell by 5% year-on-year to US$18.4 billion last month. In the first five months, exports reached $88.7 billion, down 4.2% from the year-earlier period. May exports of agricultural goods fell by 2.8% year-on-year to $2.97 billion, […]
Read More →Thailand BoT slices growth outlook to 3% – The Bank of Thailand has slashed its economic growth forecast for this year to 3%, saying export growth has slowed, private consumption remains tepid, and private investment is weak. It is the fourth cut to the 2015 growth forecast by the central bank. Last June, it projected growth of 5.5% […]
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