And the start to the month has been mehhh. The initial rebound from the beginning of the year which looks to have just been a recovery from the shellacking in the 4Q18 may be over for now. FY earnings are out and I didn’t see anything encouraging, other than relatively clean balance sheets for the […]
Read More →Notable Transactions Buy(s) THB 34 mn N/A Sell(s) THB 67 mn HMPRO – The Chairman unloads a fair amount of shares ITD – And Panther man still keeps selling
Read More →Mega-projects to hike public debt : Uptrend in public investment to continue; economists call for more prudent allocation of military budget. Rising government spending on mega-projects, which are deemed crucial to economic growth, will further increase the country’s public debt, economists said with some asking the military to be more efficient in its spending. The […]
Read More →BANPU sets 48m tons coal sales target this year, $835m capex for FY19-20, while BPP, its power unit, to COD pp in Japan and China worth combined 114.2MW, to wrap up 80MW wind pp phase 1 in Vietnam by 1Q19. BJC sees positive SSSG from recovery consumptions and government stimulus package, will open 1st BIGC […]
Read More →And so FY numbers have been coming out. Nothing pretty. But hey Chinese tourism is back with a vengeance, the market knew 4Q18 was going to be rubbish hence the performance so the weak export #’s are no surprise. Its a new year and a fresh start, things can only get better or will it? […]
Read More →Notable Transactions Buy(s) THB 2.4 mn N/A Sell(s) THB 57.9mn ITD – Perhaps one of the few people that didn’t enjoy the movie Black Panther, continues to sell his shares.
Read More →FPO wavers on deadline for IFRS 9 : The Fiscal Policy Office (FPO) has proposed that the Finance Ministry push back a mandatory effective date for specialised financial institutions (SFIs) to adopt International Financial Reporting Standard 9 (IFRS 9), currently scheduled for next January. Bangkok Post EC provides clarity on dissolution cases : The Election […]
Read More →BCPG sets Bt8.6b investment budget to sustain growth ambitions. Comment: It looks like their acquisition spree has been slowing down. TKN sets 10-15% revenue growth target this year, to expand branches here and overseas and change distributors, and seek new partners in US and China. Comment: This has been an interesting stock (not company) to […]
Read More →ADVANC ADVANC to trade Bt3.30 XD on Wed 20Government says it needs time to consider whether delaying bidding on 5G Comment: It would be ridiculous if the government approves a postponement of payment for the 4G license bidding. Except for TRUE (which is a financial basket case), DTAC and ADVANC make plenty of CF. AOT […]
Read More →I’ve been writing notes on this for weeks and with the constant changes..its been amusing. And so before anything else changes here are my random thoughts for Thai politics. And so Thailand has elections, joy to the world! When? 17th March 2019 (early voting for non residents in provinces) and 24th March 2019 Which fortune […]
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