BAY BAY opens Laos venture — Krungsri Consumer, an unsecured loan lender under BAY, plans to commence its auto and personal loan joint venture in Laos in July. BAY’s two financial arms – Krungsri Consumer and Ahudhya Ca;pital Auto Lease (Krungsri Auto) – each own 35% of Krungsri Financial Service (Laos), with the balance held […]
Read More →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 →BEAUTY – Expects 2013 revenue growth of 20% — BEAUTY expects 2013 revenue to grow 20%YoY with gross margin of 70–71%. The company plans to invest Bt250mn to expand to 180 stores. It also plans to sell franchises in Laos and Vietnam, expecting to conclude this 1Q13. (Khao Hoon, 08/01/2013) Comment: Great margins, this co is […]
Read More →I’ve been following this company for the past few years waiting for Tata Group to somehow improve its operational efficiency and yet it hasn’t been a success because of its horibble investment in a mini blast furnance that has dragged on its earnings for the past 3 years. Should the company simply be able to […]
Read More →Just a quick fyi before I run out of the office. MSCI announced this morning their update to be used in the calculation of the MSCI Global Standard and Global Small Cap shares that will be effective as of 31 May 2012. MSCI Thailand Index Addition: SCC MSCI Thailand Index for Global Small Cap. Additions: BLA, EARTH, SC, SF Removals: HMPRO, SCCC, MAKRO, TSTH and TUF Source: MSCI
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