AOT New taxiway: concrete, not asphalt — The CEO of AOT said that the company plans to instead use concrete instead of asphalt for the taxiway for Suvarnabhumi airport. It believes the cost will be lower, and it will save on maintenance costs. Management admits to an ongoing problem of water damage on the asphalt […]
Read More →BBL Management says 1Q14 loan growth was slightly negative consistent with the slowing economy. Loan growth is expected to be positive in 2Q14 and 5% in 2014. It expects Thai GDP growth of 3% YoY, supported by exports. (Khao Hoon, 16/4/14) Comment: Every bank will have poor loan growth in the 1Q14, question is how […]
Read More →And the holidays are over, well that was quick and we return to a market where there is still no government, in the meantime the usual suspects are doing well i.e. financials and tech, there’s nothing much happenign this week in terms of news expect for on the 18 April is the last day for […]
Read More →Notable Transactions Buy(s) EFORL – The chairman purchases THB 47.6 mn in this recent backdoor listing Sell(s) N/A
Read More →Have a great holiday, we’ll be back on Wednesday 🙂 The Songkran festival (Thai: สงà¸à¸£à¸²à¸™à¸•à¹Œ, pronounced [sÇ’Å‹.krÄËn], listen; from the Sanskrit word saṃkrÄnti,[1] or literally “astrological passage”) is celebrated in Thailand as the traditional New Year’s Day from 13 to 15 April. It coincides with the New Year of many calendars of South and Southeast […]
Read More →I have to keep reminding myself this time and time again about Thailand, since I’ve lived here I’ve seen bird flu, pig flu, tsunami, yellow/red/black/blue – basically every rainbow coloured shirt protest, coup d’etats, global financial crisis, capital controls, etc etc and yet this country still recovers, and going forward I still expect for Thailand […]
Read More →Another wonderful memo from Howard Marks of Oaktree Capital There are a few points that I forced my whole team to adhere to: Most Great Investments begin in discomfort You have to give yourself a chance to fail You miss 100% of the shots you don’t take and see this snippet below that perfectly encompasses […]
Read More →Hello World I’m back! So 4 years after constant news mongering that Greece was dead, leaving the EU, on the edge of creating a brand new global finanical crisis they’ve returned to the market selling EUR3 bn five year bonds with a yield just under 4.9%.  At one point their 10 year bonds (chart below) […]
Read More →OfficeMate Plc (OFM) is a distributor of office supplies that uses an omni-channel model and an e-commerce company managing the OfficeMate.co.th, Central.co.th and Robinson.co.th websites. OFM listed on the Market for Alternative Investment in 2010 and joined the SET in January 2013 after Central Retail Corporation (CRC) acquired a major stake in the business. Chief executive […]
Read More →Thailand World Bank estimates 2014 Thailand GDP growth at 3% YoY, with politics pressuring consumption and investment. If political situation eases, the global economy expansion will support exports. (ASTV Manager, 08/14/14) Ministry of Finance expects 2014 Thai economic growth of 2.6% YoY. At a meeting in Myanmar, it said that it does not expect the […]
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