Notable Transactions Buy(s) THB 341 mn BGH – K. Prasert, director and one of the founders of BGH, has continued to buy back a lot of his shares, THB 291 mn IFEC – Looks like K. Narong is selling out to a new shareholder  Sell(s) THB 97 mn CHG – Again the selling continues […]
Read More →AGE Wins coal orders from China — AGE won new coal orders from China of 300,000 tons and this will help push its international sales for the year to more than 1mn tons. Management expects total 2013 coal sales of 2.5mn tons, with revenue of over Bt5bn. (Khao Hoon, 21/10/13) CPALL Bond issue — CPALL […]
Read More →While the news for most of this year has been about the fact that too many cars were sold last year domestically and that auto manufacturers were going to suffer tremendously. What we’ve seen is that yes there has been a slowdown in domestic purchases and Thailand’s car exports continue to grow strongly and with […]
Read More →Thailand King endorses budget bill – The 2014 budget bill received His Majesty the King’s endorsement on Friday and was published in the Royal Gazette, enabling the government to immediately disburse funds for the fiscal year that began on Oct 1. The House of Representatives passed the Bt2.5trn budget in late August and the bill […]
Read More →AMATA Sandbagging its IE — AMATA has prepared 500 “big bags†to protect the factories in its IE and is closely watching the flooding situation, after Nari typhoon pushed water levels up to 30-40cm on roads around Phase 1-3 factories. In phrases 7-9 it is pumping at full capacity and is prepared to deal with […]
Read More →AOT September passenger growth strong— AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12thmonth in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY.(Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →AOT September passenger growth strong — AOT reported strong passenger growth at 21% YoY in Sep 2013, the 12th month in a row for double-digit growth. International passengers grew 19% YoY and domestic passengers picked up 25% YoY. (Company, 16/10/13) Comment : The other thing here to notice is the growth of domestic passengers, this is also in […]
Read More →AOT’s growth since 2009 has been staggering with total passenger numbers in September up 21% YoY. The most interesting fact of all is that Chinese tourists are now 20% of the total tourist number and this is only @ 5 mn travellers, can you just imagine the scope for growth from that nation? Â
Read More →Yawn, so no change from the BoT regarding interest rrates, they have kept it again @ 2.5% and will announce their 2013 GDP Forecast on the 25th Oct (previous projection was 4.2%). So with the next meeting on the 27th Nov we don’t think anything will change for policy rates here in Thailand, inflation is […]
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