I’ve been thinking that oil may drop by some 10% in the coming weeks and so the one main factor that has been holding the market up may disappear. Interesting that every contractor has been weak recently, STEC for financial reasons, ITD for obvious ones…and UNIQ, wouldn’t be surprised to see this sector perform strongly […]
Read More →Bill Gates Annual Letter for 2018, there’s a lot to take in here, and I found something interesting in the responses to each question. Hopefully you will to. Why don’t you give more in the United States? What do you have to show for the billions you’ve spent on U.S. education? Why don’t you give […]
Read More →You probably reading it everywhere now that Bangkok is covered in smog for the past 2 weeks. This visual from Bloomberg demonstrates it best and despite the perception that HK and Beijing have the worst levels of pollution it is startling to see Bangkok exceeding those two locations. Now investment wise news, a few brokers, […]
Read More →1. Thai banks’ loans may rise 6-8 pct this year -c. bank. Thai commercial banks’ loans may increase 6-8 percent this year after rising 4.4 percent in 2017, reflecting the improving economy, a senior central bank official said on Monday. Non-performing loans (NPLs) likely peaked in the final quarter of last year and might fall […]
Read More →ADVANC ADVANC targets 2018 revenue growth of 7-8% YoY, upon booking 100% of CSL earnings. It plans to invest Bt35-38bn to expand its 4G-fiber network. It expects mobile revenue to grow by 3-5%YoY with 800,000 home internet customers. (Khao Hoon, 16/2/18) BTS BTS 3Q17 earnings were Bt889mn, +89.8%YoY, driven by revenue from mass transit, which […]
Read More →AOT AOT reported 1Q18 earnings of Bt6.219, growing by 22.33% and revenue of Bt15.045, growing by 14.62%, backed by a rise in the number of passengers from six airports to 34.64mn on expansion of tourism and the removal of the ICAO’s red flag. (Khao Hoon, 15/02/18) Comment: And it will continue and continue, still curious […]
Read More →AMATAV AMATAV reported 2017 earnings of Bt422mn, up 585% from last year thanks to booking Bt642mn from land sales, implying growth of 81% and driving total revenue to grow 30% to Bt1.17094bn. At the same time, it cut expenses by 40%. (Khao Hoon, 14/02/18) Comment: And this should continue for vietnam over the next 3-5 […]
Read More →APEX APEX signed a contract with Club Med to open a luxury resort, Club Med Krabi, worth Bt3.8bn. It plans to develop a new tourist spot in Yao Beach, Krabi and targets premium customers for this resort. It expects to start construction in September 2018 and complete in 2021. (Thun Hoon, 13/02/18 ) Comment: This […]
Read More →I love Visual Capitalist for the information that they churn out on a weekly basis in fantastic graphical formats. The latest one was in regards to freedom and how it is in decline throughout the world. A quick email to a friend led to me adding Thailand, Cambodia, Philippines, Myanmar, Malaysia, Singapore, Vietnam and Laos […]
Read More →It’s interesting how the perception is changing within the markets in just 1 week. Perhaps it could be just the people I associate with or the articles I read but that’s the feeling I’m having for now. My viewpoint is that until the new Fed Chairman speaks on March 21-22 things could remain choppy. And […]
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