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 […]
Read More →BTS MRTA plans to negotiate with BTS to operator the Green Line (Bearing-Saput Prakan) rather than putting it up for bidding. (Khao Hoon, 06/07/15) Comment: Well because BTS already operates every other part of the BTS, the question is only down to politics and fee-arrangements now CGS CGS acting as financial advisor for Ankor Kasemkam […]
Read More →And we wake up this morning with only one thing on people’s mind, Greece greece greece. When in fact we should be looking forward and thinking…are banks NPL’s going to continue to increase? Have they provisioned enough already? If not what are the potential impacts on the rest of the real sector? Are things getting […]
Read More →Notable Transactions Buy(s) THB 71.6 mn BA – And the owner still continues to buy back his shares in the market Sell(s) THB 404 mn ITD – And the exact opposite of BA, here K. Premchai continues to sell his shares! ACD – The President and major shareholder sells over 10% the co, to who […]
Read More →With the Greece vote confirmed last night for a “No”, what’s going to happen to the markets? Well in short, a decline without a doubt will affect most equity markets, but I have my doubts that we’ll see the 5-10% drop that occurred in 2011. In the end this wonderful story of capitalism in Greece […]
Read More →WHA ready to cover all logistics bases WHA began in 2003 with the vision to be a leader in built-to-suit modern warehouses and distribution centres. We saw that Thailand’s logistics cost to GDP was very high at 18% and that there was an opportunity to help the country and the industry to reduce the cost. […]
Read More →Thailand Ministry sticks to 1.2% export target despite dire forecasts – Despite many organisations projecting low export growth this year, the Commerce Ministry has maintained its target at 1.2 per cent as it expects shipments to recover in the second half on the back of a predicted rise in oil prices and a weakening in the value of […]
Read More →ADVANC ADVANC expects to be a leader in broadband business by partnering with TOT; this is expected to be concluded in 3Q15. 2H15 revenue is expected to mark a record high thanks to seasonality. Subsidiary AWN is preparing to participate in the 4G auction. (Thun Hoon, 03/07/15) AIRA AIRA expects 10-20% revenue growth this year, benefitting from […]
Read More →Mobius makes a few good points in his latest commentary on emerging markets vs advanced markets, here’s a few nuggets and a link to the full article. Growth in emerging markets has outpaced growth in developed markets by more than double People under the age of 40 are typically entering the most productive years of […]
Read More →ADVANC ADVANC and TOT plan to invest in mobile-broadband business which is expected to be finalized in 3Q15. ADVANC expects 2H15 revenue to grow 4% which consists of 30% growth from data service revenue. (Khao Hoon, 02/07/15) Comment: I do think this will kill JAS and most likely hurt True substantially as well. AIRA AIRA […]
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