Notable Transactions Buy(s) THB 325 mn EARTH – The owner buys a significant stake in the co JAS – On the news that their IFF is about to finally go through, a Director buys THB 86 mn worth of shares NMG – The owner puts more $ into the company, THB 127 mn, will digital […]
Read More →I’ve been asked this question a couple of times in the past week and the best answers I could think of was 1) Well the USD has gotten stronger 2) Alternative Energy/Shale may finally be having an impact 3) *Conspiracy theory* The Saudis are either listening to the US to hurt Russia or decided they […]
Read More →Bloomberg came out with an article titled “Reports of Thailand’s Revival Are Greatly Exaggerated”, source link below, basically stating what most people already know that this year economically Thailand hasn’t performed well at all, which isn’t a surprise given how things have unfolded in the past 18 months. My own viewpoint is that 2015/16 will […]
Read More →Thailand Oct GDP ‘presages better Q4’ – The economy last month – the first in the fourth quarter – revived as targeted and this quarter should be better than the third thanks to the expected improvements in all sectors, according to the Fiscal Policy Office. (The Nation, 28/11/14) Thailand, Vietnam set US15bn trade target – […]
Read More →ANAN ANAN ups 2014 revenue target to Bt10bn from Bt9bn upon booking a large amount of revenue from backlog. The company will obtain new projects worth Bt29bn in 2015, which is expected to generate revenue until 2017, adding to current backlog of Bt27bn. (Thun Hoon, 28/11/14) Comment: And this is the reason why I like […]
Read More →BEAUTY BEAUTY expects 2015 revenue and net profit growth of 20% YoY as it will invest Bt150mn in a warehouse and employee development and Bt150-180mn in new branches. (Kao Hoon, 27/11/14) Comment: The only consumer name in Thailand that has had positive SSSG, a growth machine, a cash machine its positively surprised me, shows how […]
Read More →AOT released their latest passenger figures, go the link below, and every analyst today was going on about how travelers are back with numbers +11% for October 2014. Do take things with a grain of salt and realise that if you take the full year figures, passenger arrivals are up only +0.14%. But what does […]
Read More →AJD AJD announces capital increase for 13 investors at price of Bt0.1/share. The SET has requested greater details by 28 November as the company’s selling price is 97.48% below the average price and below book value, which will create 50% dilution for existing shareholders. (Kao Hoon, 26/11/14) Comment: Well any surprise? If only we could […]
Read More →As posted earlier this month, there MSCI rebalancing was effective as of today’s closing, a gentle reminder on what the changes were MSCI GLOBAL STANDARD INDEXES – The following are changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of Nov 25, 2014. ADDITIONS: DELTA, EA, TUF […]
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