Be warned – I’m going to ramble… First reaction at hearing the military was going to take over – disappointment, Thailand’s politicians and judicial system, weren’t mature enough to figure out how to solve the issue themselves. I was hoping for the past 6 months that Thailand’s political system would be able to sort itself […]
Read More →AQUA AQUA accesses warehouse business via 69% in TCDC worth Bt475mn. It aims to increase recurring income and will list it in stock market in the future. Its board has given permission to raise funds via private placement priced at Bt1 per share. (Khao Hoon, 04/06/14) Comment: Look at adding this name to your watchlist, […]
Read More →The military coup, and the economic plans that they are pushing through, plus the “stability” that has arised from the coup have resulted in the market performing very well in the past week. For the first time in months we don’t really have to worry about any political events.
Read More →ADVANC AIS rolls out Future Cube for demos – Advanced Info Service Plc (AIS) has unveiled a demonstration centre for a virtual telecommunications experience to make deeper inroads into the future of mobile 3D application storefronts. (Bangkok Post, 03/06/14) BTS BTS ready to borrow Bt80bn and is prepared to operate trains on three lines: Green […]
Read More →AJD AJD maintains triple revenue growth in 2014. It is confident it will be in the black in 2Q14 with higher revenue supported by seasonality. It will book revenue from set top box sales in 3Q14 and is aiming to do a joint venture with a Chinese company to access the game market this quarter. […]
Read More →Notable Transactions Buy(s) THB 51 mn EVER – A director buys a sizeable THb 33mn in this smallish property developer? Whats going on here….not surprising to find that there’s a lot of volume in the stock already. Sell(s) THB 137 mn ACAP – The chairman sells off a huge stake @ the 52 week high..hmmmm […]
Read More →Thailand Rice scheme payments begin – Farmers waiting for delayed rice-pledging scheme payments can begin claiming their money from today, coup-makers announced yesterday. (Bangkok Post, 26/05/14) Reform plans to be discussed today — The NCPO will meet with several economic experts and government officials today to launch a new policy plans to reform the economy […]
Read More →BAFS BAFS maintains revenue growth of 10% in 2014, even though it has reduced volume growth of refueling services to 4.5% YoY from 5% YoY after raising refueling services fee. It will invest in the fuel pipeline for Phase 2 of Suvarnabhumi and will conclude its investment plan in Myanmar and fuel pipeline project in […]
Read More →While I’m still putting together my own long piece on the coup and its potential impacts (yes i’m slow I know I know, but I’m still just amazed and impressed by how well this all been executed). So in the meantime have a look at some key points that Dr. Mobius has put together. From […]
Read More →I’ve had the pleasure of listening to Kishore Mahbubani speak live a few months ago and just came across this article stating his viewpoints on ASEAN. As a region it is doing tremendously well despite all the issues that plague developing  countries, and in my mind as an investment destination is a no-brainer. See below for […]
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