Notable Transactions Buy(s) THB 570 mn SAMART – A swap of shares amongst the major shareholders BA – And he continues to buy shares in BA A – Rather strange that there is no name listed, but Areeya looks like they have some major projects on hand Sell(s) THB 485 mn SAMART – See above […]
Read More →As a hat tip to Byron Wien’s annual opinion piece on his discussion with the Smartest Man in Europe, here’s my amateurish attempt. Every week I try to meet people either in the industry or outside the industry to just share thoughts on the developments in Thailand, the region, the world and w/o naming any […]
Read More →The growth of the renewable sector Thailand has been remarkable to say the least, here are some key facts: The capacity of renewable energy for electricity generation has been rising substantially and is expected to reach a record high of 9,200 megawatts by year-end, according to the Department of Alternative Energy Development and Efficiency. As […]
Read More →Thailand Govt putting in place export control rules – New strategic export-control regulations will place additional compliance burdens on some business sectors, but will increase investor confidence and enhance trading relationships with Thailand, Deloitte Thailand has said. (The Nation, 6/7/15) Japan pledges US$6 bn for Mekong – A trilateral pack on development of Dawei was […]
Read More →AH AH expects 3Q15 to be good backed by new car models. It targets 5-10% revenue growth this year although 2Q15 profit is expected to be lower than 1Q15 on seasonality. It expects to conclude an acquisition in 4Q15. (Khao Hoon, 10/07/15) AIRA AIRA plans to expand into leasing and insurance in 2H15. It expects to start […]
Read More →AJD AJD is talking to a prospective partner which is expected to be finalized in 3Q15-4Q15. This deal will increase AJD’s competitive advantage by broadening its market abroad. It is looking for a partner who has a PPA to invest in a solar farm. (Thun Hoon, 09/07/15) Comment: Again another PPA/renewable switch AJP AJP will ask shareholder […]
Read More →AQ AQ says AQ Aria Asoke, valued at 1.6bn, sold out within 1 week after launch. It plans to launch new projects focused on single detached houses and townhomes. (Khao Hoon, 08/07/15) Comment: Location is still the most important part of property regardless of the brand name, AQ has done a decent job getting its […]
Read More →A slightly sensationalist headline I admit but according to a Reuters report The quantity of water collected in the three dams totaled 5 billion cubic meters last November, compared to the normal 8 billion cubic meters, said Thanasak Watanathana, governor of the Metropolitan Waterworks Authority. As of Monday, there was about 660 million cubic meters […]
Read More →Is the Land of Smiles going to finally have a legal casino? It looks like it with Las Vegas Sands hosting the media. A couple of weeks after military strongman and Prime Minister Prayut Chan-o-cha shot down the controversial idea, Sands, whose CEO Sheldon Adelson is ranked 18th on the 2015 Forbes billionaires list, last […]
Read More →ADVANC ADVANC expects 2Q15 sales to drop more than 10-20% on the slow economy, though internet utilization will still grow. ADVANC says the company is not worried about sales as there are more than 10mn prepaid subscribers who do not register. (Khao Hoon, 07/07/15) Comment: That’s a huge drop for ADVANC. CHO CHO expects to […]
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