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 […]
Read More →So my colleague wanted to go and exercise at California Wow’s Ekkamai branch on Monday evening and saw this… followed by this… Now not too long ago I wrote this post about California Wow (California WOW – Have they just figured out it’s a scam?), since the company had entered officially entered into bankruptcy it […]
Read More →The Thai market rallied last week towards the Greek election results in line with the rest of global market but again is driven by purely by headlines. As was the story in 2011 its the consumer related sectors and telecoms which are maintaining that markets levels due to the growth and dividend yields on offer, going forward expect similar […]
Read More →Notable transactions: Buys: GLAND Â – Massive off the market transaction here with 3.5% of the company’s shares being bought by two of the directors. Fyi GLAND is developing a huge project (condominium and offices) on Rama XI next to the new Central Rama XI shopping mall RS – K. Surachai the CEO, VP and MD […]
Read More →Originally published Friday 22nd June 2012 LV Technology Plc was founded in 1996 by Hans Jorgen Nielsen, a Danish engineer who has more than 30 years of experience in the cement industry. LVT was founded based on a new and revolutionary power-saving technology for the grinding process, for which it has supplied more than 700 […]
Read More →Saw this in Bloomberg, it states what we believe that small-caps do generally outperform large caps and indexes over time, interesting to note that their definition of a small cap is USD 2 bn (THB 60 bn), our own definition for the Thai market is USD 200 mn (THB 6bn). According to financial research firm […]
Read More →Toyota Thailand just published its latest industry findings in Thailand and boom! Car sales up a whopping 108 % YoY. Which listed co’s here benefit from this? SAT, STANLY, AH to name a few. May Apr Mar Feb Jan Dec Units 115,943 87,788 110,928 90,461 42,873 54,575 Y/Y pct +107.6 +30.5 +19.3 +17.2 +11.5 -41.4 […]
Read More →In the news this morning the Thai newspaper Kao Hoon reported on rumours that Siam Commercial Bank (SCB) is in talks with the Ministry of Finance (MOF) to buy its 26% stake in TMB through a share swap ratio of one SCB share to 60 TMB shares. The key issue with this transaction lies with […]
Read More →Market decided to rally strongly last week on the expectations of a positive Greece election outcome, going forward we expect to hear the following in the headlines: “Potential government forming in Greece”, “QE3 in the US”, and “Additional bailout funds for the Eurozone”
Read More →Notable Transactions: Buys: NMG – Several of the directors purchase stakes in the company SIRI – We’ve stated here many times already, he’s looking for his stock price to go up up b/c of cost slashing (hint hint: less siphoning) Sells: AQUA – I have no idea what this company does, can’t find out but […]
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