This has been the busiest start to a year (or lets say 6 months) that I’ve ever experienced despite the fact that I’m supposed to be on a sabbatical, and I haven’t had a moment to sit down and write my usual monthly rant on the markets, economy and politics on Thailand yet this year. […]
Read More →Thailand BoI applications plunge – New applications for investment privileges from the Board of Investment (BoI) in the first two months of this year totalled 107 projects worth a combined 17 billion baht. This represents a sharp fall of 72.6% from the 62 billion baht recorded in the same period last year, acting secretary-general Hirunya […]
Read More →There was a FTSE index re-balancing that occurred on Friday, here’s the breakdown: Large cap inclusion: TRUE (from mid cap); exclusion: BAY. Mid cap inclusion: none; exclusion: TRUE (from large cap). Small cap inclusion: CK, BMCL, SUPER, GUNKUL, GFPT, TICON, CHG, CKP, KCE; exclusion: CPNRF, SUC. All-world inclusion: none; exclusion: BAY. All-Cap (LMS) inclusion: CK, BMCL, […]
Read More →AAV China gives 85% load factor in 1Q15 – AAV reports that higher traffic from China remained the key driver to bring load factor to 85% in 1Q15. Management expects tourist sentiment towards traveling to Thailand to continue to improve over the remainder of the year despite the ongoing martial law. The Tourism Authority of […]
Read More →First a slap in the face: After trying their damnest to keep their stock price up during the past 6 months with its share repurchase program, they have just announced they will sell some 142 mn shares into the market Tries to kiss & make up Ah but this was followed by an announcement to […]
Read More →The market pullback continued last week on top of rumours of 100 sites in Bangkok would be bombed over the weekend (which never happened), and the fact remains that earnings were crap, are still crap, are likely to continue being crap for the market in general for the 1H15. Only bright spot thus far? Telco’s may […]
Read More →ARROW ARROW expects strong 1Q15 earnings backed by rising revenue. It expects 20% revenue growth this year and has a chance to get one of the Red Line contracts value at Bt40mn. (Kao Hoon, 19/03/15) CPALL Subsidiary CP Retail Link Co., Ltd. expects 2015 revenue of Bt3.4bn or 15% YoY growth from last year and […]
Read More →BANPU BANPU plans to invest in renewable power plant in China, solar and wind, after the government revealed its incentive plan. In addition, the company will invest in a power plant in Indonesia with a partner to be announced soon. These investments will boost its revenue and profit in the longer term. (Thun Hoon, 17/03/15) […]
Read More →AH AH expects revenue to grow at least 10% this year. It will invest Bt400mn to upgrade its machinery. It is now discussing with business expansion with a potential partner. (Kao Hoon, 16/3/15) Comment: It has been the worst performing auto manufacturing stock in the past 10 years in Thailand AQ AQ will expand more […]
Read More →Notable Transactions Buy(s) THB 237 mn AJD – He sold the warrants to buy his shares TSR – Seems like the CEO bought this stake off another shareholder (~3%) NMG – And the VP still continues to buy buy buy Sell(s) THB 2,629 mn TUF – A massive block sale by the family – question, […]
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