ASW expands into lifestyle and entertainment by taking 41.18% stake in Zaap World, to add brand value among new gens. Comment: Other than MK suki, and perhaps now After You, what other Thai brands have actually succeeded staying in people’s minds? CKP adds 8% more stake worth Bt21.5b in Luangprabang PP, bringing total to 50%, […]
Read More →AJ board approved procurement plan under Bt1.1b budget, to buy BOPP film machineries & equipment from EU & JPN for regional expansion, aims to capitalize on weak currency. AMARC: food & agricultural inspection laboratory, Asia Medical & Agricultural Lab and Research Center, debut IPO 120m shares at Bt 2.9 apiece. Comment: Now here’s your typical […]
Read More →So during the shortened week the Thai market did finally wobble down, but more important is that the THB just weakened past 38. Ouch. And given that this incompetent government of the past 8 years has done nothing other than weaken the balance sheet and earnings of Thailand, there’s not much that the BoT can […]
Read More →Notable Transactions Buy(s) STARK – This Director buys a chunk of shares. JMT – And the founder keeps buying and buying. Sell(s) THG – Well since the founder has been kicked off the Board and Management by the SEC, his trades don’t pop up anymore
Read More →Week 10/10 – 16/10 News Vietnam police detained the chairwoman of a real-estate firm, Van Thinh Phat Holdings Group, for allegedly obtaining property through fraudulent means.* The executive, Truong My Lan, was held in relation to an ongoing investigation into the issuance and trading of bonds of some companies where trillions of dong were allegedly […]
Read More →Tourism authority mulls pushing fresh domestic travel stimulus campaign to help local operators after current package end October 31, to mitigate risk from global fx volatility. Airlines eager to reopen Japan routes: Local airlines are banking on borders reopening in Asian countries, but are cautiously planning their routes as a weak currency and high fuel […]
Read More →AJA said EV bike sales to exceed 3K in 3Q, with price ranging Bt40-100K, mulls revising sale target to 6K for Bt240m and 30% margin, sees big growth in years to come. Comment: Normally I’d say – love the story – but when i see a company like AJA getting into this….I just think…ah no…., […]
Read More →And so it happened, the market wobbled a bit and declined last week…this week? Probably more of the same, but I’ll continue to say this, oil.
Read More →Notable Transactions Buy(s) THB 383 mn SABUY – Dumped by the warrants to buy the shares. PRINC – Founder buys shares – a signal to the recent uptrend in brokerage coverage? CWT – Note that this was a convertible debenture purchase JMT – Founder still buys ASW – Like CWT – this is a convertible […]
Read More →H. Marks Memo Perhaps I’m just biased from reading H. Marks memo’s for the past decade, but yes I typically say that I have no idea what will happen in the future and just explain potential scenarios (for companies/industries/countries) based upon what’s happening now. But even then I normally finish every conversation with this line […]
Read More →