What has really changed in the week I was gone? Nothing. It’s still the same issues, earnings growth, uncertainty over infrastructure spending (or the slowness of it) and whether or not Greece will have the $ to pay back its loans. The most interesting movements sector wise is how badly financials have performed but no […]
Read More →Notable Transactions Buy(s) THB 717 mn PF – The CEO buys a huge value, must’ve been an off the market transaction BA – And the owner still continues to buy back shares, again a huge value of THB 154 mn MINT – Heinecke obviously thinks the shares and warrants are a decent buy at these […]
Read More →There isn’t much that can be said here…
Read More →Thiensurat Plc, which listed on the Stock Exchange of Thailand last June under the symbol TSR, makes and distributes water purification systems to provide safe and clean water to households. Managing director Viruch Wongnirund discusses the company’s strategy and outlook. What is Thiensurat’s history? In 1976, our founder, Werawat Changyoo, was working for the Metropolitan […]
Read More →Thailand Ministry spotlights sectors with potential to boost GDP – The Industry Ministry expects industrial GDP growth of 2-3% to 2.63 trillion baht, rebounding from a contraction of 0.4% last year, with support from some rising-star industries. Udom Wongviwatchai, director-general of the ministry’s Office of Industrial Economics, specified eight major industries with rising capacity. (Bangkok […]
Read More →AIT AIT revised down 2015 revenue target from Bt6.8bn to Bt5-5.5bn due to a slowdown of government projects. Earnings are expected to turn around in 2H15 backed by infrastructure investment. (Post Today, 05/06/15) Comment: Whatever happened to the wonderful digital economy that was supposed to push AIT’s growth into the stratosphere like every broker predicted? […]
Read More →Forbes came out with the latest top 50 richest individuals in Thailand and whilst the list has not changed that much it’s always good to see newcomers and interesting to note they are from the automotive, renewable energy and industrial real estate. However it is worthwhile pointing out that Hopes of an infrastructure build-out boosted fortunes […]
Read More →There was an insightful op-ed in the BKK Post during the week comparing Thailand’s political drama to Shakespeare’s Hamlet, its quite the read and rather spot on, see below for some snippets and a link to the full article Our politics over the past 10 years has been one huge Shakespearean tragedy. A bitter feud […]
Read More →ACD It is starting its project acquisition strategy by buying a condominium project worth Bt700mn. It plans to buy Bt350mn in property in Phuket. Management says it will wipe out retained loss of Bt300mn. It plans to invest in alternative energy next year. (Thun Hoon, 04/06/15) Comment: Another hybrid of property and alternative energy, am […]
Read More →AMATA AMATA holds roadshow for AMATA Summit Growth REIT. It says local and foreign investors are interested in AMATA Summit Growth REIT due to its high dividend yield of 8.7%. It is expected to trade in June. (Thun Hoon, 03/06/15) Comment: And thus AMATA should be able to book a decent profit in 2Q15 AUCT AUCT opens […]
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