Have nothing to do this Sunday morning? Warren Buffet’s latest annual letter is just out and here’s an excerpt and a link to the full letter 🙂 I tell these tales to illustrate certain fundamentals of investing: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, […]
Read More →Stanley Weiss has come out with another op-ed piece on Thailand, this time discussing the need for Thailand to have a Bill of Rights. Over the past century, Thailand has endured colonial aggression, two world wars and neighboring civil wars on every one of its borders. It has survived extreme nationalism, home-grown fascism, aggressive communism […]
Read More →Golden Land Plc (GOLD) is a SET-listed property developer focusing on landmark commercial, hospitality and mixed-use developments in the heart of Bangkok’s central business district as well as low-rise residential living. President Thanapol Sirithanachai discusses the company’s strategy and outlook. Mr Thanapol believes Thailand will quickly recover from the political conflict. Golden Land has gone […]
Read More →Thailand Economy in danger of stalling — Credit rating agencies have voiced concerns that the political impasse could take a toll on investment if it continues, says a Finance Ministry source. Public investment under the caretaker government cannot proceed at full throttle, while the Bt2trn infrastructure and the Bt350bn water management projects have been temporarily […]
Read More →AAV Thai AirAsia’s Q4 profit falls by 40% – Last year’s fourth-quarter net profit of Thai AirAsia (TTA) dropped by 40% YoY to Bt425mn due to aircraft deprecation costs and higher spending to counter the market downturn caused by the civil unrest in Bangkok. This came despite a 16% increase in revenue to Bt6.50bn and […]
Read More →BCP BCP aims at EBITDA of Bt25bn in 2020, brought by a focus on projects with 15% IRR. It expects 2014 EBITDA of over Bt10bn, supported by solar farms. (Khao Hoon, 27/2/14) Bangchak to issue up to Bt8bn in bonds — BCP will issue Bt50-8bn worth of debentures in the second quarter of the year […]
Read More →I was just doing research looking for information on a property company in Thailand, which led me to reading about politicians and then inspired a phone conversation with a friend about how much under the table money had to be paid just for an energy project in Thailand and thenĂ‚Â somehow led me to this “old” […]
Read More →So despite all this political rubbish, foreign investors selling the market, local investors have buying LTF’s taking advantage of the weakened equity market. The numbers are: Local investors have a netĂ‚Â buy THB 1.18 bn in LTF’s this year Typically in the past 3 years of Jan-Mar, net sales of LTFs were THB 3 bn in […]
Read More →BJCHI DPS Bt2.40; XD May 5, on net profit of Bt1.21bn, a 52.16% increase YoY. It expects no less than 15% revenue growth this year, booking Bt1.7bn from its current backlog of Bt2.3bn. It will soon bid for projects in Australia and South America and get results on its Brazil bid. (Khao Hoon, 26/02/14) Comment: […]
Read More →FY2013 numbers are coming out fast and furious over the past week, and I’ll showĂ‚Â the results of a few co’s that are relevent to the news we read about Thailand today. So here are the facts about travellers, even though we’ve had protests and continuous negative news in the media, traveller numbers to AOT’s airports […]
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