Donald Rumsfeld referred to Europe as “Old Europe” years ago in a speech and its something that has stuck in the back of my mind ever since. Population demographics of a country is tremendously important for the growth of a country and this is why SE Asia is still a fantastic place to be investment […]
Read More →Saw this on twitter earlier from @edconway, its a table from the Bank of England showing which global indicators matter the most and in the end JP Morgan’s global manufacturing PMI numbers are important, whilst the Baltic Dry Index is just meh. Source: Twitter
Read More →LH 3Q12 presales over Bt20bn — LH says that 3Q13 presales will be more than Bt20bn. Management expects the company to achieve its target Bt30bn as it expects to book rental revenue from its apartment in California in 4Q13, pushing its revenues for the year to more than Bt25bn. (Khao Hoon, 17/09/13) Comment: This property […]
Read More →What a rebound! Crisis over! Well that was quick wasn’t it? Strongest rebounds were seen in the financials, prop and the tech sector, consumer products haven’t done so well. Â
Read More →Notable Transactions Buy(s) THB 50.7 mn N/A Sell(s) THB 50.3 mn CHG – Director sells off 20 mn baht, not too sure if this is a block sale or if he’s simply offering shares daily for this.
Read More →JUTHA Board approves capital increase — JUTHA’s board has approved a capital increase of 49mn shares, priced at Bt4.50/share; 22.45mn will be privately placed (PP). (Khao Hoon, 16/09/13) Comment: Looking to buy more ships?  LPN GFP raises LPN holding — The Government Pension Fund (GPF) has increased its holding in LPN by 10mn shares to […]
Read More →We awoke this morning to news that Larry Summers has taken himself out of the running for the Fed position, whats happened? US dollar weakening, Asian markets are up, Dow futures up over 1% but oil & gold look flat  The Association of Securities Companies (ASCO) looks to lower the amount that local prop […]
Read More →There’s this great deal on amazon.com, that for THB 100 or USD 2.99, you can get all of Berkshire Hathaway’s letters to shareholders, yes that’s right all of Warren Buffet’s shareholder letters! So if you’re on an Ipad or android tablet, get the kindle app and download this, and if you complain that this is […]
Read More →During the week BTS released their monthly ridership numbers and my goodness just simply look at this chart, and given that now its still only about 600,000 daily riders (in dec ’12 the avg daily ridership was 533k), the extensions for BTS lines are continuing to come and with more and more people using the […]
Read More →Thailand Mixed response to duty cut plan – While winning support from importers and tourism operators, the Finance Ministry’s plan to axe the import tariffs on some designer goods has drawn strong opposition from many local manufacturers of luxury products. (The Nation, 10/09/13) Start-ups jump 19% in 8 months; closures down – In spite of […]
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