AOT Directors resign en masse — Airports of Thailand Public Company Limited (AOT) reports that the following directors resigned from AOT Board of Directors and all other positions, effective June 6, 2014: 1. Squadron Leader Sita Divari 2. Police General Krisna Polananta 3. Police Lieutenant General Pharnu Kerdlarpphon and 4. Mr. Wattana Tiengkul. (SET, 09/06/14) […]
Read More →Thailand Thailand’s rating held — Moody’s held Thailand long-term government bonds at Baa1 with stable outlook based on strong fundamentals and political resilience. (Post Today, 03/06/14) JSCCIB forecasts 2014 growth of 2-2.5% — The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) forecast that 2014 GDP will grow by 2-2.5% from recovery in consumer […]
Read More →AIT AIT expects revenue to be in line with forecast at Bt6.2bn as it has managed to convert Bt3.75bn of its backlog into revenue. The company is waiting on additional projects worth Bt720mn, with plans to bid for another Bt8.09bn. Management said it has no concern over 2015 as the NCPO is working to stimulate […]
Read More →Charn Issara Development confident it can grow with Thailand Charn Issara Development Plc (CI), founded in December 1989, is in the core business of developing residential housing and condominiums, residential resorts for sale, office and retail space for rent, hotels and property management services for two property funds and related companies. Chief executive Songkran Issara […]
Read More →Be warned – I’m going to ramble… First reaction at hearing the military was going to take over – disappointment, Thailand’s politicians and judicial system, weren’t mature enough to figure out how to solve the issue themselves. I was hoping for the past 6 months that Thailand’s political system would be able to sort itself […]
Read More →AQUA AQUA accesses warehouse business via 69% in TCDC worth Bt475mn. It aims to increase recurring income and will list it in stock market in the future. Its board has given permission to raise funds via private placement priced at Bt1 per share. (Khao Hoon, 04/06/14) Comment: Look at adding this name to your watchlist, […]
Read More →The military coup, and the economic plans that they are pushing through, plus the “stability” that has arised from the coup have resulted in the market performing very well in the past week. For the first time in months we don’t really have to worry about any political events.
Read More →ADVANC AIS rolls out Future Cube for demos – Advanced Info Service Plc (AIS) has unveiled a demonstration centre for a virtual telecommunications experience to make deeper inroads into the future of mobile 3D application storefronts. (Bangkok Post, 03/06/14) BTS BTS ready to borrow Bt80bn and is prepared to operate trains on three lines: Green […]
Read More →AJD AJD maintains triple revenue growth in 2014. It is confident it will be in the black in 2Q14 with higher revenue supported by seasonality. It will book revenue from set top box sales in 3Q14 and is aiming to do a joint venture with a Chinese company to access the game market this quarter. […]
Read More →Notable Transactions Buy(s) THB 51 mn EVER – A director buys a sizeable THb 33mn in this smallish property developer? Whats going on here….not surprising to find that there’s a lot of volume in the stock already. Sell(s) THB 137 mn ACAP – The chairman sells off a huge stake @ the 52 week high..hmmmm […]
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