Just having a bit of fun here, but its a common theme that I’ve heard across the board with several friends/family/clients/industry-folk for the past 12 months. Confusion: Never have we seen so many clients who just do not know what is happening and have cashed up. . In Asia, on the other hand, most investors […]
Read More →4G auctions set to generate B1.3tn – The imminent fourth generation (4G) spectrum auctions could stimulate direct and indirect investment valued at 1.3 trillion baht over the next five years. (Bangkok Post, 13/10/15) Tris Rating downbeat on GDP growth prospects next year – Thailand’s economy will expand between 2.5% and 3% next year, says Tris […]
Read More →AKR AKR expects 2016 revenue of Bt3.2bn (+60%) on the back of alternative energy and government projects (moving cables underground). It expects this to increase demand for transformers. It is talking to a prospective partner to invest in alternative energy. It plans to invest in 20MW agricultural solar. It plans to bid for a transformer […]
Read More →AOT AOT reports 12.66% growth in FY2015 passengers at Suvarnabhumi airport to 52.38mn. (Khao Hoon, 15/10/15) APCO APCO expects 2016 net profit margin of 30-35% from 2015’s 25% backed by increasing distribution channels. It has introduced new products, APCOcapsule and APCOessence. It has postponed its capital increase. (Khao Hoon, 15/10/15) CSS CSS expects to benefit from […]
Read More →ANAN ANAN says its backlog is Bt36bn of which Bt6bn is expected to be booked in 4Q15. It plans to launch two condominium projects at Bang Sue and Silom valued at Bt8bn. (Khao Hoon, 14/10/15) AUCT AUCT expects to get 4G auction system project management from NBTC. It expects this to contribute revenue in 4Q15. […]
Read More →CENTEL CENTEL expects 2015 revenue of Bt20bn with growth of 8-10% next year. It plans to add 8-10 new hotel management contracts to its portfolio. Growth will also come from acquiring new food and beverage brands, as well as expansion in the international hotel business which is expected to reach 30% of total revenue. (Thun […]
Read More →Thailand exports are continuing to decline, some say this is a function of the declining growth of countries receiving the goods or that the value of the goods being exported are continuing to decline. To us its a combination of both Average selling price of soft commodities are some 50% lower from their peaks […]
Read More →The thai market (along with the rest of the region) has experienced a nice recovery rally on the back of … delayed fed interest rate hikes? Well why not? In the meantime we are still facing the same story of sluggish economic growth, infrastructure projects likely to arrive shortly and potential elections in 2017.
Read More →AJD AJD’s board has approved 60% of VDC for Bt7.5mn. It will providing funds not exceeding Bt50mn for VDC to use as working capital for its Online Top Up business. (Thun Hoon, 12/10/15) Comment: Well the news its that Alibaba is involved, who knows how this will turn out and if it really can be […]
Read More →Notable Transactions Buy(s) Â THB 588 mn RS – And he keeps buying and buying and buying MTI – The 4th largest shareholder and family member has decided to buy more shares doubling his stake to 4.9% in the company. AJ – Looks like a share swap between the shareholders COL – The founder/CEO has decided […]
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