BJCHI Expects to get project in Brazil worth Bt4-5bn in May. 1Q15 earnings will be released in this week. (Khao Hoon, 11/05/15) Comment: Even though oil prices have dropped, it hasn’t appeared to hurt BJCHI at all just yet. FSMART 1Q15 earnings surged 83%YoY to Bt57mn with total revenue of Bt361mn. Management says “Boon-term†machines […]
Read More →David Tepper of Appaloosa Management said it best a week ago, there are four Fed’s in the world today, the US is printing money, Europe has begun its own QE, Japan has it’s own QE and now China has joined the party with their latest round of interest rate cuts. The People’s Bank of China […]
Read More →Notable Transactions Buy(s) THB 102 mn TH – Looks like the owners are buying blocks off other shareholders Sell(s) THB 0.5 mn N/A
Read More →The market hasn’t been performing well on the back of a continued weakening economy, relatively crap 1Q15 numbers, the BOT recently saying they need to weaken the baht to push growth, and still not the cheapest valuations, it’s only natural that things are coming off.
Read More →Two interesting articles from the FT in the past few weeks about Thailand, first up is a commentary on politics In the latest example of what one commentator has dubbed his “compulsive loquaciousnessâ€, he insisted to guests at an international publishers’ conference in Bangkok last week that he was not their enemy. But what came […]
Read More →The big push by local institutions at the end of April was quite something, represents more than 50% of their net buying for the year. Do note, as requested by some readers, we’ve expanded the charts to include a daily track of all investor movements during the year, enjoy!
Read More →ADVANC 1Q15 earnings will be released today. Net profit is expected to grow 3% to Bt9.74bn benefitting from 54% growth in revenue from sales and 7% growth in revenue from service. Net profit this year is estimated to hit Bt42.81bn, 17%growth. (Khao Hoon 08/05/15) BIGC 1Q15 earnings grew 14.6% YoY from sale promotions to Bt1.44bn, […]
Read More →Thailand Finance minister backs policy rate, calls for new growth areas – The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee. (Bangkok Post, 6/5/15) Fishing industry selling new image to Europe to counter IUU threat – Deputy Commerce Minister Apiradi Tantraporn will lead a delegation of […]
Read More →Complete media value chain gives edge to MCOT in broadcasting sector MCOT Plc is the state-majority-owned media group that owns and operates a number of radio and TV stations. President Sivaporn Chomsuwan discusses the company’s strategy and outlook. Please explain MCOT’s business model. MCOT is a fully integrated media company involved in TV, radio, new […]
Read More →AMATA AMATAVN puts off listing to 3Q15 from 2Q15. It says the industrial complex in Vietnam will be finished in time. It plans to collaborate with foreign partners in the future. (Post Today 07/05/15) Comment: Well at least the delay was by 12 months as it was last year. AJP Plans to invest in waste […]
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