Pace Development Corporation Plc, which listed on the Stock Exchange of Thailand in August this year, is a high-end property developer in Thailand that has been setting many of the trends and standards for the segment. Chief executive Sorapoj Techakraisri discussed the company’s strategy and outlook. Sorapoj: Striving for unique developments What is Pace’s business […]
Read More →Thailand MoF warns: protests may slow GDP growth — The MoF warns that anti-government protests might lead to a slowdown in 4Q13 GDP, as Thailand may miss capitalizing on the traditional high season for tourism by tarnishing its public image of the country. (Khao Sod, 05/11/13) Rice deal concluded says spokesman — The government spokesman […]
Read More →BBL Working to increase NIM — BBL will increase its net interest margin (NIM) and remains confident that it will not affect net profit. Capital reserve for 4Q13 will be in line with expectations and corporate loans will grow 8% this year. (Khao Hoon, 08/11/13) Comment: As much as we like to joke about them […]
Read More →ADVANC Economic slowdown leads to cut in target — ADVANC slashed its revenue target for the year to 5-6% from 6-8% due to the slowdown in the economy. Its 3Q13 net profit shrank to Bt8.34bn, with 9M13 net profit of Bt27.46bn, growth of only 3.9% YoY. (Khao Hoon, 06/11/13) Comment: Will this dividend behemoth finally […]
Read More →If you want a good quick summary of how incestuous and ridiculous Thai politics is, enjoy the read below, great piece by K. Songkran So let me sum this up correctly if I may. We’re being asked to support this great revolt against the Thaksinisation of Thailand by placing our faith in protest leaders who: a) […]
Read More →What happened to the market? Simple, Politics! But market reaction is always short term in nature with this.
Read More →If you need a good giggle, read the full article Dear People, The country has sustained damage inflicted by political conflict for the past 10 years. After I was elected to take office, I believe every Thai citizen agreed the country would not move forward if the conflict persisted. When this government took office, I […]
Read More →Notable Transactions Buy(s) THB 509mn BGH – Another THB 506 mn bought by K. Prasert Sell(s) THB 248 mn BEAUTY – Big off the market transaction of THB 213 mn by principals IFEC – The founder, K. Narong, continues to sell his shares
Read More →The weekend’s and yesterday’s protests actually caught quite a fair bit of attention in the global media and made the market drop some 40 pts (2.5%) in a day. Our viewpoint is simple, this bill still has to go through the Senate and then the Constitutional Court at which point we think it won’t pass. […]
Read More →CPN Central Festival Chiang Mai opening November 14 — CPN will open Central Festival Chiangmai, its 22nd retail outlet, worth more than Bt7bn, on November 14. This will be the north’s largest shopping mall. The company will partner up on promotional campaigns. (Khao Hoon, 05/11/13) Comment: They are just dominating the upcountry area with their […]
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