Notable Transactions Buy(s)  THB 1 bn BGH – Dr. Praserttttttttttttttttt keeps buying, this time another THB 309mn BTS – K. Keere wants his warrants and dividends! IFEC – K. Wichai buys all of K. Narong’s shares SCC – A director buys THB 30 mn worth of shares SVI – K. Poe (CEO, majority shareholder) transfer […]
Read More →K. Voranai as usual wrote a very good op-ed on the current state of politics and the protests going on today. But back to Suthep & Co, who aim to temporarily suspend democracy to remove Thaksin & Co for good, and then bring back the sort of democracy that makes sure Suthep & Co will […]
Read More →This week’s latest memo from Howard Mark’s of Oaktree Capital is a must read, as opposed to most articles which are about “Bubble! Bubble!” or “This is 2007!”, there is a far more nuance and thought in his analysis and I’ll show this short quote below, and highly recommend you read the rest of his […]
Read More →REITs will change the landscape quite a fair bit for several companies with income-recurring assets on hand, the ability to leverage (something which property funds can only do up to 10%) will allow firms like Ticon and CPN amongst several others to further expand without requiring an equity increase. But the delay has been in […]
Read More →We’ve longed wondered how long this will take, and now with their upcoming IFF which has the funniest terms you’ll ever read for a fund, what rate would investors be willing to pay? Plus I still think the company is worth less than 0 baht/share Moody’s Investors Service has downgraded the corporate family rating of […]
Read More →Thailand Rate cut to offset mounting risks, growth also slashed to 3% from 3.7% — The Monetary Policy Committee (MPC) unexpectedly lowered the policy interest rate by 25 basis points yesterday to 2.25% following rising downside risks to growth partly triggered by the ongoing political tensions. (Bangkok Post, 28/11/13) Export growth this year to be […]
Read More →BMCL SRT advised not to take BMCL rights offer — The SRT’s financial advisor has concluded that SRT should not inject equity into BMCL, as it will remain in control despite the dilution of its holding to 14% if it does not take the capital increase rights offering. SRT will host a meeting today to […]
Read More →BGH Stock market watchdog fines trio nearly Bt10.5 million for misusing inside info – The Securities and Exchange Commission’s settlement committee has imposed fines totaling Bt10,488,534.01 on Thavatvong Thanasumitra for using inside information to purchase shares of Bangkok Dusit Medical Services (BGH) and on Viporn Jitsomwang and Narumon Chainaknan for aiding and abetting Thavatvong’s wrongdoing. […]
Read More →Pre the protests no one thought this would’ve happened, but with the protests comes delays, and the fact that the infrastructure spending hasn’t started yet, the economy is stagnant from last year, well the BOT has come out with a rate cut now down to 2.25%. The Bank of Thailand cut its one-day bond repurchase […]
Read More →AOT 2013 a good year — AOT says FY2013 was a good year, with a 20% rise in the number of tourists and 16% growth in number of flights. The CFO said there will reversal in depreciation costs for the Don Muang Airport worth Bt3bn, which will help push net profits up. The company will […]
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