ADVANC – Expects to be #1 in 3G — ADVANC states that its four core strengths, “network-equipment-application-service”, will help it compete in the 3G market. The company is ready to invest Bt13bn in the first phase to expand its network, as it targets to be the number one provider for 3G service. (Khao Hoon, 18/01/13) Comment: […]
Read More →More populist policies from the government, I won’t start a rant about how the government is throwing more of my tax-paying money for their own self interests i.e. CTH, but will try to consider this from a stock perspective. Who benefits? Well I believe Grammy, RS, and Work will be benefit as they are linked […]
Read More →ANAN Buys land for condo on Sukhumvit — ANAN acquires the land to develop a condominium in Sukumvit worth Bt825mn, using the funds from its IPO. The company expects to launch the first phase in 1Q13 with construction finished in 1Q14. (Tun Hoon, 19/12/12) Comment: They needed to IPO to raise capital and I’m not […]
Read More →Whats going on here? There are 4 complaints against the 3G auction with 2 of them already rejected by the DSI, as no price collusion was found. The other 2 complaints were filed by 40 senators and the Office of the Ombudsman and are now awaiting a court ruling due next week. Most likely the […]
Read More →Just out last night, see below for a quick summary MSCI Global Standard Indices # of Thai Additions: 4 Companies: Airports of Thailand (AOT) Bangkok Dusit Medical Services (BGH) Central Pattana (CPN) Siam Makro (MAKRO) MSCI Global Small Cap Indices # of thai co’s in/out: 9/(5) Companies: +Bangkok Aviation Fuel Services (BAFS) +Golden land (GOLD) […]
Read More →Just received this in my mailbox, its a rather nifty little infographic showing which publicly listed companies in Thailand will benefit from the recent issuance of 3G licenses to the telecom operators. Source: Not sure, if someone knows do inform me so I can credit them properly
Read More →Well now, should we really be surprised that DTAC isn’t part of this latest roaming agreement with TOT plc? With the pressure that DTAC is unnecessarily placed under being called a “foreign company” which we all know it is as are several other multinationals corporations operating in Thailand. DTAC has already essentially wiped out their […]
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