The news remains the same, new economic policies coming out of the government with things actually happening! The government is going to be focusing on the following points 1)agricultural prices 2)asset and land tax 3)gasoline price reduction 4)a pay rise for civil servants. Â And then poor (or improving) economic news expected to be released during […]
Read More →Notable Transactions Buy(s) THB 67.3 mn SAMART – The President buys a big stake, I have my doubts on SAMART performing as well it has going forward, SIM has declining growth, SAMTEL won’t have anything until 2017 at the best. Sell(s) THB 70.6 mn EPCO – The Chairman sells off a stake, this printing company […]
Read More →Saw this snippet on the BKK post the other day, essentially the IPO market in Thailand has been relatively quiet in the past 12 months because of the political problems, but with things calmed down now we have been such a rush of IPOs planning to hit the market, if you want to see a […]
Read More →Thailand Ministry of Finance to propose 8% wage hike for civil servants in October. According to the original proposal, the plan wage increase would happen in April 2015; however the permanent secretary wishes to move it forward. This will increase government spending by about Bt20bn. (Post Today, 22/08/14) G2G sale to Philippines ditched — Thai […]
Read More →AMATA Amata signs deal to open Vietnam park – SET-listed Amata Corporation Plc has accelerated its investment in Vietnam with the building of a modern and integrated city industrial estate in a move aimed at cashing in on the opening of the ASEAN Economic Community and economic growth in Vietnam. Subsidiary Amata VN Plc yesterday […]
Read More →With the official confirmation of Prayuth finally done there’s a speculated list (most likely a very accurate one) done by the Thai media, here’s a list of the names I can’t really comment much on the list but there is only thing I want this government to do, stamp out corruption, yes I know it sounds […]
Read More →With the changes to the Power Development Plan (PDP) for Thailand, alternative energy projects are becoming more prevalent with an increase in weighting from 19% to 25%, and this explains why names such as SPCG, DEMCO, EA, UAC et al have been performing very well, see below for a quick summary.
Read More →BGH Subsidiary sells shares in Save Drug — BGH says wholly owned Royal Bangkok Healthcare Co, Ltd. has signed an agreement to sell all shares of Save Drug Center Co, Ltd., for Bt380mn. (Kao Hoon, 21/08/14) BLAND BLAND expects to sell the first REIT (for Impact Arena and Convention Center) worth Bt20bn on 8-19 September […]
Read More →Andddddddddddddddd, no surprise. He got unanimous 191 votes by the National Legislative assembly. The NLA president and two vice presidents abstained. The result was officially announced at 10:53 am. He was elected in a roll-call vote. NLA Tuang Nanthachai nominated Prayuth and the nomination, which was made at 10:23 am, was endorsed by 188 NLA […]
Read More →AAV No deal for Skymark — AAV denies Japanese news that the Malaysian low cost airline is negotiating to acquire Skymark Airline in Japan which is facing financial distress. (Thun Hoon, 20/08/14) Comment: Skymark shares have risen some 30% on these rumours, no idea if there is truth behind them, wouldn’t see why AirAsia needs […]
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