3Q12 earnings seasons is upon us! And banks have already come out with their numbers, most have done quite well, no real surprise given their income tax costs drop from 30 to 23%, except for TCAP which was down 27% QoQ b/c of increased provisions (quite a surprise). Expect to see a summary of all […]
Read More →Notable Transactions Buy(s) MINT – The owner puts in a massive public bet on his company at THB 2.99 bn Sell(s): BGH – A director and major shareholder sells a massive stake @ THB 1.4 bn to “institutional investors” in other words, shareholder battle is over. SPCG – A director sells off THB 75 mn […]
Read More →Aeon Thana Sinsap (Thailand) Plc (AEONTS) was incorporated on Sept 18, 1992 by Aeon Credit Service Co Ltd in Japan. The company currently has paid up capital of 250 million baht. Managing director Yasuhiko Kondo and senior vice-president Supannee Asawasuwan discuss the company’s strategy and outlook. Yasuhiko: Fees to be main income What is the […]
Read More →Thailand’s inflation had quite a jump in September on the back of increases in electricity fee’s for households, increased tabacco & alcohol taxes, and oddly vegetable and fruits had the highest jump amongst all segments within the CPI. So what? Well the rumours of the BOT cutting interest rates later this year may finally dissipate thus […]
Read More →There weren’t any notable transactions to note of in the past week, although the number of company management that are selling their shares have continued to increase in line with the market’s rise. Notable Transactions: Buy(s): N/A Sell(s): N/A Source: SET
Read More →The past week saw the agri sector recover helping the market stay lofty and pushing through 1,300 for the first time in 16 years. Â With all the major central banks in the world having already announced their liquidity measures, I don’t see any major risks on the horizon.
Read More →Notable transactions: Buy(s): BGH – The president still continues to accumulate shares. Sell(s): Sorkon – A family member/director sells off THb 99mn worth of shares. I have a feeling that they are just switching from right pocket to left pocket, won’t be surprised to see more liquidity coming into this stock.
Read More →Equity markets are loving central bankers, nuff said.
Read More →This isn’t much a surprise for us to hear, a public company here in Thailand has to deal with an extremely strict (albeit archaic) SEC and I’ve heard on on the odd occassion from CEO’s “The SEC wants us to disclose everything, our competitors will know too much about us!” But this is great for […]
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