I’ve often wondered how much of my performance has been related to stock picking abilities, or I am just in a lucky place, in a country that has been growing well for the past decade and in a market that has increased some 300% since I begun working. Now the clever fellows over at Alpha […]
Read More →If you erase the debt record, we all go back to zero. It’ll create total chaos -Fight Club The moment I saw this headline, my mind somehow linked back to a quote from Fight Club. This is definitely one way of boosting credit growth in Thailand, erase all the bad debt records so that financial […]
Read More →ADVANC Board approves Bt4.6bn for fixed broadband investment. Management reports that demand for internet has risen to 6.8mn households. It believes in its network coverage and targets 80,000 clients in the first year. (Thun Hoon, 10/09/14) AOT AoT hosts ASEAN airports forum – Leaders of Southeast Asian airport authorities will congregate in Phuket today and […]
Read More →There’s been a lot of brouhaha in the news between the National Broadcasting and Telecommunications Commission (NBTC) and BEC, the owner and operator of CH3. Now yesterday the NBTC announced that satellite and cable TV operators must not broadcast BEC’s analog TV channel as it is no longer a free-TV channel in Thailand and that this ban […]
Read More →BJCHI BJCHI bidding for projects in Australia and Brazil valued at Bt10bn and expects to obtain Bt6.9bn. The company is confident that 2014 revenue will be Bt4.5bn, +15% YoY, as it has backlog of Bt5bn. It expects net profit to be near 2013’s Bt1.2bn. (Kao Hoon, 09/09/14) Comment: BJCHI is a smaller version of STPI, […]
Read More →The market is almost back to its peak levels of 2013 (and since the 90’s), the only sector that has held it back from surpassing it has been telco’s with advanc and dtac struggling to post the YoY numbers they used to in the past decade. Going forward we have still have continued speculation on […]
Read More →Notable Transactions Buy(s) THB 214 mn AUCT – The Chairman buys another huge stake NMG – The Vice Chairman buys a huge amount of warrants Sell(s) THB 340 mn ABC – ABC has been in the news a lot given its performance (i.e. +30% in a day), and here the CEO sells off THB 38.6 […]
Read More →AIRA AIRA setting up AIFUL JV in 2014 and has three acquisition deals coming up. It expects its brokerage business to generate higher net profit than 2013’s Bt90mn as trading volume has recovered. It maintains its 2014 market share target of 1.3-1.5% and expects asset of over Bt20bn in 2016. (Kao Hoon, 08/09/14) Comment: A […]
Read More →The NCPO has been busy pushing through projects, and here’s a quick list that was passed to me, gotta love that catamaran! The National Broadcasting and Telecommunications Commission digital-TV transition project involving the distribution of THB690 coupons to household. The second phase of development at Suvarnabhumi airport worth THB60.74b, provided that the Airports of Thailand […]
Read More →The stock market has been in buoyant mood with small IPO’s going through the roof on their first trading day and it’s getting to the point where the SET/SEC is now “trying” to warn investors about the small caps that are somehow going up 30%+ multiple days in a row and then crashing the following […]
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