Last week was quite quiet in terms of management trade activities, have a look below for only 2 notable transactions Buy(s): IHL – A director buys Bt. 64 mn worth of shares in her co. Interhide is linked closely to the automotive industry here in Thailand supplying hides to several of the auto manufacturers. Sell(s): […]
Read More →Pico (Thailand) Plc (PICO) is a member of the worldwide network of Pico Far East Holding Limited, a world leader in the trade show and exhibition industry with 35 branches in 23 countries. CEO Silchai Kiatpapan discusses the company’s strategy and outlook. What is Pico’s business model? Starting 30 years ago, our group’s assets and […]
Read More →Two days ago the Ministry of Commerce announced the inflation figures for June 2012, +2.56% YoY up from 2.53% in May. Anything interesting? House and furnishing prices increased 0.28% MoM (function of an increase in construction materials, rental fees, water and electricity chargers) Food and beverage prices remained flat Going forward? We’ve mentioned continuously that […]
Read More →Fairly interesting that both the SET and SEC have been in the news often the past few weeks with ideas on how to expand the SET Index further and bring in more investor flows to the local equity market. I do hope they will actually do something versus just saying they are thinking about expanding businesses. […]
Read More →Funny little article on Bberg over the weekend on Thai politics. The writer, William Pesek, puts forth an idea to allow Thaksin to come back and prove himself. Thaksin has been extraordinarily successful at three things since fleeing to avoid prison: playing the victim, drumming up support overseas and distracting Thailand’s leaders from moving on. […]
Read More →Notable Transactions: Buys: Banpu – The company’s shares have fallen from its lofty perch of Bt. 792/share peak last night to Bt. 440/share today, looks like the President believes his shares have been unfairly punished Sells: TUF – A director sold off THB 37 mn worth of shares KBS &Â TSTE – Two sugar company owners […]
Read More →The Set Index continued its rallying throughout the month of June on the back of positive news from European governments and less “negative” news out of the US. This all despite even the decreasing PMI figure’s coming out of China and Europe. All in all we think that the market can keep going up all […]
Read More →According to the MoC, May exports expanded 7.7% to US$20.9 bn, increasing from the -3.7% YoY in April and on a MoM basis +23.7% as most industries have resumed normal operations. Just briefly: Industrial product exports (reps 73.2% of exports) was +9.5% YoY w/ autos +83.5%, electric appliances +11.8% and electronics parts +10.9% Agri products […]
Read More →And this is the cost of corruption, the world’s longest radar breakdown happened at the airport earlier this week. I do hope one day people forego shot term personal benefits in exchange for long term growth for the country…. The simultaneous breakdown of both the main and back-up power supplies paralysed the radar system which […]
Read More →This tit-tat David vs Goliath battle is still ongoing. If you remember we wrote something earlier here Quick Comment: RPC Plc Its appears as though RPC’s management and shareholders want to fully payout all of their retained earnings thereby rendering PTT unable to collect on overdue payments, it’ll be quite interesting to see what the outcome of this […]
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